1. The Nation’s households need 60,000MW for regular power supply.
The Minister of power, Prof. Chinedu Nebo stated this in Lagos at the pre-conference workshop of the 32nd yearly International Conference and Exhibition of Nigeria Association of Petroleum Explorationist (NAPE).
2.
Government may earn N35.84billion from the licence sale of NCC’s 2.6GHz spectrum auction.
3. Director-General of the National Agency for Food and Drugs Administration and Control (NAFDAC),
Dr Paul Orhii, on Tuesday, reiterated the agency’s resolve to achieve a zero level for counterfeit drugs in the country, as he supervised destruction of counterfeit drugs worth N50 million in Kaduna.
4.
Gov. Babatunde Fashola of Lagos State on Tuesday said that the Nigeria of his dream had not been actualised but he believed it was still possible to achieve in future. The governor said that in building a new Nigeria, the people were the most important and human resources needed to be equipped with skills to ensure survival.
5. The Dangote Foundation has pledged to donate $3m to a fund established by the African Union to contain the Ebola Virus Disease in West Africa.
The President, Dangote Group, Aliko Dangote. made the pledge on behalf of the Foundation in Addis Ababa, Ethiopia, during a meeting with some AU business leaders.
6.
The Organisation of the Petroleum Exporting Countries (OPEC) has advocated for more refineries in Africa, especially in Nigeria as demand for refined petroleum products is expected to increase in Africa, according to a new report.
7. A Nigeria-based human capital development firm, iam CHAMP Limited, in partnership with the Department for International Development,
United Kingdom Trade and Investment and British High Commission, is set to honour people from different careers at its conference.
8. A total investment of
$3.5bn (N560bn) has been attracted into the Free Trade Zones across the country in the last two years, the Nigeria Export Processing Zones Authority has said. The Managing Director, NEPZA, Mr. Gbenga Kuye, who gave the figure in a presentation made at a workshop in Abuja, noted that the investments were made possible as a result of the repositioning of the FTZs by the President Goodluck Jonathan administration.
9. President/Chief Executive, Dangote Industries Ltd, Aliko Dangote has been ranked among the 72 most powerful in the world by Forbes Magazine.
The continent’s foremost billionaire is listed as the 68th most powerful person in the world, and is one of only two Africans to appear on this year’s list.
10. The Federal Government has given approval to about 138 companies to function as Metering Service Providers in the Nigeria power sector.
The Nigerian Electricity Regulatory Commission, NERC, disclosed that the companies were certified after due inspection and consideration.
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This article was first published on 13th November 2014
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