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By Victoryking nc


 Beautiful Design

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Power generation drops, Discos, FG battle for control

By Victoryking nc
 Dropping power generation, discos and FG fighting for control An intense conflict has developed between the Discos and the government as a result of Fidelity Bank's planned acquisition of three power distribution businesses and the Federal Government's restructuring of two further companies. Through the Bureau for Public Enterprise, the Federal Government is supporting Fidelity Bank's acquisition of the three Discos. Findings reveal that Discos have continued to file new lawsuits in an effort to avoid being taken over by the government and the bank. Power sector specialists have praised and criticized both parties in response to the development, which has divided industry players. It was noted on Monday that electricity generation on the national grid fell by around 141.3 megawatts as compared to what was recorded on the system on July 9, 2022, despite the fact that industry stakeholders expressed a variety of opinions on the trend. According to data our reporter got from ...
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 IGP lauds electorate, security operatives in Ekiti Usman Baba, the Inspector-General of Police, has praised the electorate, police officers, and other security personnel who helped secure the governorship election in Ekiti State. Baba praised the electorates in Ekiti State for collaborating with the Nigeria Police Force and other security agencies throughout the election, according to Muyiwa Adejobi, the Force Police Public Relations Officer. "The IGP praised the efforts of the police officers deployed for the polls under the direct supervision of the Deputy Inspector-General of Police in charge of election security, DIG Johnson Kokumo, who hailed the peaceful conduct of the elections," he added. "According to the IGP, the police personnel acted professionally and humanely, establishing trust with the people, andIn a similar vein, Adejobi stated that the Police Service Commission, which supervised the election, affirmed that it was peaceful and orderly. According to a s...
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