By Adeola Akinbobola Mr Sunday Oduntan, the Executive Director and Chief Executive Officer of Association of Nigerian Electricity Distributors (ANED), says high commercial lending rates make financing power-sector infrastructure difficult. Speaking in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja, Oduntan calledContinue Reading

By Adeola Akinbobola The Abuja Electricity Distribution Company (AEDC) says electricity theft, including meter bypass and tampering is a major cause of commercial and technical losses within the electricity distribution network. The Managing Director and Chief Executive Officer AEDC, Chijioke Okwuokenye, said this in an interview with the News AgencyContinue Reading

By Vivian Emoni   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it is pursuing institutional reforms and digital transformation to improve revenue monitoring, transparency and fiscal governance.   The Chairman of the commission, Dr Mohammed Shehu, disclosed this in an interview with the News Agency of Nigeria (NAN)Continue Reading

By Adeola Akinbobola The Petroleum Technology Development Fund (PTDF) has reaffirmed its commitment to support President Bola Tinubu’s Renewed Hope Agenda which targets a $1 trillion economy by 2030. Prof. Shu’aibu Aliyu, the Executive Secretary, PTDF and Chairman, Governing Council, said this while inaugurating academic programmes review committee for GeneralContinue Reading

By Vivian Emoni   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to protecting oil and gas host communities through stronger oversight of operators’ statutory obligations.   RMAFC Chairman, Dr Mohammed Shehu, gave the assurance on Thursday during an investigative hearing into Sterling Oil Exploration andContinue Reading