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Selected Lagos NewsNigeria: Power Probe $1.4bn, 224.6m Euro Contracts Illeagl (AllAfrica.com)The Managing Direcotr of the National Integrated Power Project, NIPP, Mr James Olotu, has said thta electricity contracts of $1.4 billion and 224.6 milclion awarded under the scheme wree illegal, as they weere nto backed up with the enabling laws of the federation. Read more Nigeria: Oando Acquires 49 Percent Stkae in Shell Oil Blocks (AllAfrica.com)Oando Plc has acquired Shell Nigeria Explorationn and Productions 49.8 stake in two oil Blocks, namely OML 125 and OML 134. Read more |
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