FG audits 33 agencies, uncovers N450 bn unremitted revenue The Federal Government is set to recover about N450 billion operating surpluses that were not returned by 33 agencies from 2010 to 2015. According to agency report, the Minister of Finance, Kemi Adeousun, made the announcement on Thursday in Abuja at a news conference. She said that an audit had been …

Power generation drops to 3,321mw The nation’s power generation capacity has dropped from 4,285 megawatts recorded on September 16 to 3,321 megawatts on December 1 due to dearth of gas, the News Agency of Nigeria (NAN) reports. NAN reports that this figure was obtained frokm the website of Nigerian Electricity System Operator on Thursday. The Transmission Company of Nigeria (TCN), …

Lagos targets 10,000 units of street lights in 2017, laments inadequate gas supply  The Lagos State Government is to deploy not less than 10,000 units of street lights before the end of February 2017. Already, the State Government had deployed 36,000 units under its light up Lagos initiative, bringing the total units to 46,000. Speaking in Lagos on Wednesday at the 2016 …