FG reduces electricity target to 5,000MW

Click banner for more info

Plans to generate above 6,000 megawatts of electricity by December 2014 may have hit the rocks as the Federal Government on Saturday announced that its new target by the end of the year is now 5,000MW.

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, stated in Abuja on Saturday that the Central Bank of Nigeria would clear up the N25bn gas-related debts of the power sector in order to boost stakeholders’ confidence in the industry.

She said, 

Syrian missiles target Tel Aviv – media

Click banner for more info

Israel’s second largest city Tel Aviv has allegedly got in the crosshairs of Syria’s Scud ballistic missiles, media report. The escalation of tensions has followed the Israeli air strike at a military research center near Damascus, Iranian media say.
Last week, a group of Israeli warplanes reportedly bombed a truck column near the Syria-Lebanon border that was believed to be transporting weapons for the Lebanese Hezbollah.
Syria vowed to retaliate for the attack. Syrian Ambassador to Lebanon, Ali Abdul-Karim Ali, said Damascus had “the option and the surprise to retaliate” and added he couldn’t predict when the response attack would take place, saying it was up to the “relevant authorities” to prepare for it.
Iran’s Foreign Ministry also warned Tel Aviv about grievous repercussions for the strike on the Syrian territory.

Nigeria May Not Meet 2020 Target, Says Usman

Click banner for more info

Hopes that Nigeria could be counted among the 20 developed economies in the world  by 2020 may have been dashed as the Minister of National Planning Commission, Dr. Shamsuddeen Usman, said the target may not be realised.

Usman disclosed this on Tuesday when he presented his scorecard to the Peoples Democratic Party (PDP) National Working Committee (NWC).

He blamed the crisis in the power sector on the more than 30 years of military in power.
The minister said when government started the documentation of vision 20:2020 in 2009 to be among the top 20 economies in the world, Nigeria was number 44, adding that if by 2020 the nation rises to number 25, he will be a proud man.

AWC: Nkwocha sets 15-goal target

Click banner for more info

Perpetua Nkwocha
| credits: File copy

Super Falcons striker, Perpetua Nkwocha, has set a target of 15 goals for the upcoming African Women’s Championship in Equatorial Guinea.

The tournament is slated for Equatorial Guinea from October 28 to November 11, 2012,