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February 29, 2016 Ejiofor Alike Inadequate supply of gas to the power station and explosions at transmission lines in the Lagos area and Jebba have resulted in a drop in electricity generation to 2,665MW, THISDAY has learnt. THISDAY gathered that with this development, the Transmission Company of Nigeria (TCN) has directed the 11 distribution companies (Discos) nationwide “not to pick loads to avoid a system collapse”. Data obtained from a source at TCN on the “Daily Load Analysis and Day Ahead Consumption” for yesterday showed that between 1 am and 6 am on Saturday, generation fell to 2,500MW. However, between 6 am and 11.59 pm, the hourly dispatch to the Discos rose to 2,721.20MW, thus averaging 2,665.90MW for the whole day. The chief executive of one of the Discos, who did not want to be named, told THISDAY yesterday that with the a

February 29, 2016                                 President Muhammadu Buhari Says he’d rather invest in infrastructure to empower them Pledges support for two-state solution for Israeli-Palestinian conflict  Nigeria, Qatar sign BASA, others Tobi Soniyi in Abuja ‎In what appears to be a major U-turn from the campaign promise of the All Progressives Congress (APC) before the 2015 presidential election, President Muhammadu Buhari has said that payment of the N5,000 stipend to unemployed youths in the country, which was a major plank of his campaign, is no longer his priority. The president made the remark at the weekend in Saudi Arabia before his departure for Qatar. He said it was wise to use federal government funds to invest in infrastructure that would empower unemployed youths through agriculture rather than direct cash transfers. He said: “This N5,000 largesse for the

Olalekan Adetayo, Abuja President Muhammadu Buhari on Thursday welcomed an offer by the Islamic Development Bank to organise a financing round-table in Abuja to mobilise more funds for investment and development of infrastructure in Nigeria. According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President expressed his delight at the offer at a meeting he had with the IDB President, Dr. Ahmed Mohammed Ali, in Mecca, Saudi Arabia. The President is currently on an official visit to Saudi Arabia.Ali was said to have assured Buhari that the IDB will work with its traditional partners such as the Saudi Fund, the Kuwait Fund, Arab Bank for Development in Africa and the Abu Dhabi Fund, to increase the quantum of funding available to Nigeria. Welcoming the offer, Buhari restated his government’s determination to revamp and diversify the Nigerian economy rapidly. He said, “The days of Nigeria as a big oil producer with plenty of mo

  This is a major breakthrough for Biafrans all over the world and many are happy with this since it is a very peaceful and wise way of demanding for freedom. The IPOB Italy zone has gathered in mass  for a peaceful protest in St Peters square in front of Pope Frances. This is happening even as Biafrans all over the world where given direct phone number of Pope Frances’ Secretary and all those around Vatican City who work with the pope. After thousands of calls their voices where heard and for the first time in history a major world leader Pope Frances Pronounced BIAFRA and addressed the Biafran Protesters. and guess what? he didn't ask them to stop agitating but rather promised to do what he can. He also asked Biafrans to be prayerful about it.