Cynthia Egboboh

Abuja

Journalist at BusinessDay Nigeria

lover of God

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Articles

Tinubu set to commission completed sections of Lagos-Calabar highway

1 week ago | businessday.ng | Cynthia Egboboh

President Bola Ahmed Tinubu is set to commission the completed sections, Phase 1, Section 1 (30 km of 750 km) of the Lagos-Calabar Coastal Highway project, on 31st May 2025. David Umahi, minister of works, during a recent inspection, announced the project which is being handled by Hitech Construction Company will be completed by January 2026.
Army barracks metering project rakes in N769m in 8 Months- FG

1 month ago | businessday.ng | Cynthia Egboboh

The Federal government, through the ministry of power has announced progress made with the implementation of the mass metering project ongoing at the army formation across the country, stating that the project has generated N769.1 million in revenue between August 2024 and April 2025. The N40 billion project which was flagged off in March 2024, was aimed to address the issues of estimated billings in the barracks.
CJN calls for judicial backing to drive power sector reforms

1 month ago | businessday.ng | Cynthia Egboboh

Olukayode Kekere-Ekun, the Chief Justice of Nigeria (CJN), has called on judicial officers to play a proactive role in supporting ongoing reforms in Nigeria’s power sector, stressing that judicial interpretations and oversight are critical to ensuring regulatory consistency, investor confidence, and consumer protection.
FG charges Renaissance Energy to ramp up oil production, boost oil earnings

1 month ago | businessday.ng | Cynthia Egboboh

The Federal Government, commending the coming on board of Renaissance Africa Energy, has tasked the organisation to ramp up production of crude oil in facilities under its control. Heineken Lokpobiri, minister of state for Petroleum Resources (oil) made this call while receiving management of Renaissance Africa Energy team in his office.
CPPE kicks, says raw material bill detrimental to exports, manufacturing

1 month ago | businessday.ng | Cynthia Egboboh

The Centre for the Promotion of Private Enterprises (CPPE) has called for a withdrawal of the Raw Materials Research and Development Council [RMRDC] Bill currently before the National Assembly, stating that it has the prospect of creating adverse and unintended consequences for the exports, Nigerian exporters and manufacturers ss well as manufacturing activities.
NNPC boss sets $30bn investment, 3mbpd crude production target for 2030

1 month ago | businessday.ng | Cynthia Egboboh

Bashir Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd) has set an ambitious target, stating that the company under his stewardship aims to attract sectoral investments worth $30 billion by 2027 and $60 billion by 2030; raise crude oil production to over 2 million barrels per day, sustained through 2027 and attain 3 million by 2030.
NDPHC invest N500bn in Nigeria's transmission infrastructure- Adighije - Businessday NG

1 month ago | businessday.ng | Cynthia Egboboh

Jennifer Adighije, the Managing Director of Niger Delta Power Holding Company (NDPHC) Limited, has announced that the company has so far invested over N500 billion in transmission projects, transmission lines, transmission infrastructure, across the entire power sector. Adighije stated this during an inspection tour of the 330/132/33kV Lafia transmission substation in Nasarawa State on Thursday.
FG eyes 8,000MW power generation before end of Tinubu's administration

1 month ago | businessday.ng | Cynthia Egboboh

The Federal Government has announced its plans to achieve at least 8,000 megawatts in power generation before the end of President Bola Ahmed Tinubu’s first term in office in 2027. Adebayo Adelabu, minister of power stated this during the ministerial press briefing in Abuja on Thursday.
Adelabu blame past administrations for underdevelopment in power sector

1 month ago | businessday.ng | Cynthia Egboboh

…says past govts only paid lip service to transforming Nigeria’s power sectorAdebayo Adelabu, the minister of power, is blaming poor development of power sector on past administrations, stating that past efforts to transform the sector did not amount to anything. The minister stated this while hosting the World Bank delegation in his office in Abuja. According to him, there has been a long neglect of power infrastructure, which has contributed to the present problems in the sector.
Explainer: What to know about NISO, TSP following TCN unbundling

1 month ago | businessday.ng | Cynthia Egboboh

The unbundling of Transmission Company of Nigeria (TCN) by the Nigerian Electricity Regulatory Commission in 2024 gave rise to the creation of two different entities: the Nigerian Independent System Operator Nigeria Limited (NISO) and the Transmission Service Provider (TSP) in accordance with the provision of the Electricity Act (2023).