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Friday, August 28, 2026
Breaking Suspected Thugs Invade Ondo Assembly Amid Speaker Impeachment Crisis

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Blackouts Cost Nigeria 40 Trillion Naira Yearly New Report Reveals

Finance

Blackouts Cost Nigeria 40 Trillion Naira Yearly New Report Reveals

A staggering new report has revealed that persistent electricity blackouts cost the Nigerian economy an estimated 40 trillion naira annually. The financial toll highlights the severe impact of power instability on industrial productivity, small businesses, and the overall growth of the national GDP.

2 min read 17 views
ICPC Monitored 21.23 Trillion Naira Road And Bridge Projects To Curb Corruption Says Chairman

News

ICPC Monitored 21.23 Trillion Naira Road And Bridge Projects To Curb Corruption Says Chairman

The Independent Corrupt Practices and Other Related Offences Commission has revealed that it monitored road and bridge projects worth 21.23 trillion naira across Nigeria. This initiative aims to ensure transparency, prevent the diversion of public funds, and guarantee that infrastructure projects meet specified standards.

2 min read 9 views
Nigerians to See Better Electricity Supply Within Two Weeks Says Adelabu Aide

News

Nigerians to See Better Electricity Supply Within Two Weeks Says Adelabu Aide

The Minister of Power, Adebayo Adelabu, has assured Nigerians that the current electricity supply challenges will see significant improvement within the next fourteen days. This commitment follows a formal apology for recent nationwide blackouts attributed to gas shortages and infrastructure maintenance.

2 min read 24 views