Business

ENUGU GOVT GEARS TO REPOSITION ANAMMCO The Enugu State Government has stated its desire and preparedness to reposition the old Anambra Motor Manufacturing Company (ANAMMCO), based in Enugu, to upscale its economic relevance in the state. The State Commissioner for Labour and Productivity, Mr. Chika Ugwoke, made the pledge after Gov. Peter Mbah took a facility tour of the ANAMMCO …

ENUGU GOVT CAUTIONS NERC, EEDC AGAINST OVERCHARGING ELECTRICITY CONSUMERS The Enugu State Government says it will not condone any act of overcharge or extortion of electricity consumers in the state by the Enugu Electricity Distribution Company (EEDC). Gov. Peter Mbah gave the warning on Thursday while declaring open a three-day Customer Complaints Resolution Meeting organised by the Nigerian Electricity Regulation …

34 STATES SHUN ENUGU INTERNATIONAL TRADE FAIR No Fewer than 34 states in the country failed to honour invitation to attend the just-concluded 35th Enugu International Trade Fair. The News Agency of Nigeria (NAN) reports that only the Federal Capital Territory (FCT), Abuja; Ebonyi State and the host state, Enugu State, graced the 11-day international goods, services and idea showcasing …

NIGERIAN BREWERIES TO SUSPEND OPERATIONS IN TWO LOCATIONS Nigerian Breweries Plc has indicated plans for a company-wide reorganisation which include the temporary suspension of operations in two of its nine breweries. In a statement obtained by Nairametrics, the company emphasized its commitment to minimizing the impact on its workforce by exploring all feasible alternatives. These measures include relocating and redistributing …

OUTAGES: SOUTH EAST CONSUMERS CALL FOR ONE-MONTH BOYCOTT OF EEDC Electricity consumers in the South-East geo-political zone of the country have threatened a one-month warning boycott to “remain in darkness,” to protest against incessant power outages, outrageous and estimated billings, extortions, as well as non-provision of pre-paid meters to consumers across the region. Findings showed that both commercial and economic …

HIKE IN ELECTRICITY TARIFF INSENSITIVE, INHUMAN – REPS MINORITY CAUCUS The Minority Caucus of the House of Representatives says the hike in electricity tariffs across the country by the Nigerian Electricity Regulatory Commission (NERC) is insensitive, inhuman, and uncalled for. Representative Kingsley Chinda, the minority leader of the House of Representatives, said this in a statement on Friday in Abuja. …

NORTHERN ELDERS FORUM BERATES TINUBU OVER INCREASE IN ELECTRICITY TARIFF, SAYS PRESIDENT HAS BETRAYED TRUST OF NIGERIANS The Northern Elders Forum (NEF) has criticized President Bola Ahmed Tinubu over the recent increase in electricity tariff, saying that he has betrayed the trust that Nigerians had in him. In a statement which was released by NEF and signed by its Director …

BREAKING: NIGERIANS TO PAY MORE FOR ELECTRICITY, TARIFF GOES UP BY OVER 300% The Nigerian Electricity Regulatory Commission, NERC, has given the go-ahead to raise the electricity rates for customers in the Band A category. At a press briefing in Abuja on Wednesday, the Vice Chairman of NERC, Musliu Oseni, announced that there will be a rise in electricity tariffs. …

DANGOTE REFINERY BEGINS DIESEL SALES TO MARKETERS; NNPC REDUCES PETROL PRICES The Dangote Petroleum Refinery is set to commence sales of diesel to marketers as from today, Tuesday, April 2, 2024. The refinery has set a minimum sale volume of one million litres of Automotive Gas Oil (AGO) diesel per marketer. According to the national president of the Independent Petroleum …

LAMENTATION: MY OWN COUNTRY DENIED US, ALLEN ONYEMA, AIR PEACE BOSS The Chief Executive Officer, CEO of Air Peace Airlines, Allen Onyema, has narrated how his airlines suffered what he called both internal and external conspiracies. Onyema disclosed this on Monday while fielding questions on Arise Television’s Morning Show programme. Onyema said ‘his own country’ denied Air Peace and threw …