by admin | Jun 16, 2020 | BusinessDay; NERC; TCN;, DisCos, EKEDC, FG of Nigeria, FG of Nigeria, GenCos, IMF, Manufacturer Association of Nigeria, Manufacturers Association, NERC, Punch, TCN, ThisDay, Vanguard, World Bank
As Nigeria continues to struggle with the provision of public power supply, there seems an underlining burden, or to borrow the language of electricity – an underlining current – politics. After years of no-light in perpetuity, the government, listening to...
by admin | May 12, 2020 | BusinessDay; NERC; TCN;, DisCos, EKEDC, FG of Nigeria, GenCos, IMF, Manufacturer Association of Nigeria, NERC, Power Solutions, SON, TCN, World Bank
The World Bank and the IMF are known as the Bretton Woods Institutions, named after the remote village in New Hampshire, U.S.A. That was where the delegates of 44 nations in July 1944, gathered to establish the twin intergovernmental pillars that support the...
by admin | May 9, 2020 | FG of Nigeria, FG of Nigeria, IMF, IMF
The Nigerian economy adopted the liberalised currency using the Wholesale Dutch Auction System, W.D.A.S., on 29 September 1986. The first currency auction of successful bidders on that day was $1 to N3.00 from $0.68 to N1.00. Nigeria came about this after a national...
by admin | Apr 13, 2020 | FG of Nigeria, FG of Nigeria, IMF, Uncategorized
A tax is a compulsory financial obligation for an individual or a legal entity. It is a charge or some other type of levy, imposed upon a taxpayer by a governmental organisation to fund various public expenditures. A failure to pay, along with evasion of or resistance...
by admin | Mar 6, 2020 | DisCos, EKEDC, FG of Nigeria, FG of Nigeria, GenCo, GenCos, IMF, IMF
If appropriate actions are not taken now, the intractable logjam in the Nigerian power sector may sink Nigeria. Despite the great efforts of experts in the field, growth in the power industry in Nigeria remains stunted. The ominous sign is the shying away of further...
