Archive for May, 2012

UN Scribe Commends EU On Energy Initiative

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The United Nations Secretary General, Ban Ki Moon, has welcomed a new European Union initiative aimed at assisting developing countries to gain better access to sustainable energy. The European Commission, the EU executive body, aims to support the provision of sustainable energy services to 500million people in poorer countries by 2030. President of EU, Jose [...]

PHCN Accused of Sabotage

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The Nigeria Electricity Regulatory Commission (NERC) has alleged that successor distribution companies of Power Holding Company of Nigeria (PHCN) are deliberately sabotaging the process of meter distribution to customers for their self aggrandizement and exploitation of customers. The National Electricity Regulatory Commission boss, Sam Amadi, disclosed that the Commission has strong evidence that indicted PHCN [...]

Fuel Subsidy Probe Report: Behind the Masks

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By – Taoreed Alaba Those who describe Nigeria as a corrupt endemic nation may not be wrong, going by the rate at which corruption has permeated every sector of national life. The global anti-corruption watchdog, Transparency International, in a recent Corruption Index Report rated Nigeria as one of the countries that are most vulnerable to [...]