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Daily Archives: Monday, November 13, 2017

FG recovers $64.6m electricity debt from international customers

L-R Hon. Alderman Roger Gifford, Lord Mayor of the City of London, Gov. Babatunde Fashola of Lagos state and Mr. Peter Carter, Deputy British High Commissioner in Lagos, During the Lord Mayor of the City of London visit Governor of Lagos state in Ikeja. Photo: Bunmi Azeez

The Federal Government on Monday announced that it had recovered $64.6m electricity debt from its international customers. Minster of Power, Works and Housing, Babatunde Fashola announced this at the 21st monthly power sector meeting in Asaba. Fashola, in a text of his opening remark in Abuja, said that the money recovered was from Benin and Niger Republics. He said that ...

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UK parliament to get vote on final Brexit deal

UK Border

The British government will offer parliament a take it or leave vote on any final EU departure agreement, Brexit Secretary David Davis announced Monday. Davis’s move was seen as an attempted concession to Conservative rebels who may defy the government this week by voting against separate Brexit legislation transferring existing EU laws to Britain. However, the bid to head off ...

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Search for survivors as quake kills 400 near Iraq border

mexican earthquake

Teams of Iranian rescuers dug through rubble in a hunt for survivors Monday after a major earthquake struck the Iran-Iraq border, killing at least 421 people and injuring thousands. The 7.3-magnitude quake rocked a border area 30 kilometres (20 miles) southwest of Halabja in Iraqi Kurdistan at around 9:20 pm (1820 GMT) on Sunday, the US Geological Survey said. Many ...

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Zimbabwe army warns Mugabe, says it might step in

mugabe2

Zimbabwe’s army chief on Monday demanded a “stop” to the purge in the ruling ZANU-PF party after the sacking of vice president Emmerson Mnangagwa and warned the military could intervene. “The current purging which is clearly targeting members of the party with a liberation background must stop forthwith,” General Constantino Chiwenga told a media conference attended by about 90 senior ...

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OPEC to impose quota on Nigeria as oil producers mull cuts extension to rebalance market

opec

Oil producers are expected to unanimously extend a production cut accord later this month but its duration is being discussed, the UAE energy minister said on Monday. “I think this group of committed and responsible producers came together… and I think they will continue to do what it takes to take us to the next level,” United Arab Emirates Energy ...

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