Business Hilights

Tracking Nigeria's Headline Business News Online

Dan Asuquo

NASS set to reopen $1.348b power fraud allegation on GE, Rockson Group

Strong indications emerged Monday on the chances of the National Assembly to reopen probe of alleged $1.348 billion power sector fraud levelled against General Electric (GE) and Rockson Engineering Nigeria Ltd. Business Hilights gathered that the said allegation came via…

We cut Manbila project budget over fears of using N17 bn for mere EIA—Asuquo

House of Representative Committee Chairman on Power, Hon. Dan Asuquo has opened up on why the National Assembly slashed the budget on Manbila Power Project, saying lawmakers were put off on sighting a whooping N17bn allocated for just conducting an…