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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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House raises 2023 appropriation bill to N21.82trillion

House of Representatives 


By Akinola Ajibade


Nigeia will finance its 2023 appropriation bill  with N21.82 trillion, if the decision by the House of Representatives to increase it from N20.51 trillion to N21.82 is anything to go by.

By this, the lower chamber of the Senate has increased it by N1.31trillion in order to meet the Federal Government's expenditure for 2023.

Out of this, N967.48 billion is for statutory transfers, N6.55 trillion is for debt service, N8.32 trillion is for recurrent (non-debt) expenditure while the sum of N5.97 trillion is for contribution to the development fund for capital expenditure for the year ending on the 31st day of December 2023.

Meanwhile, the lawmakers have adjourned for the new year break and are expected to resume plenary  to January 14, 2023.

Also, the Senate, yesterday (Wednesday) approved President Muhammadu Buhari’s request of N819.54bn domestic loan meant to fix the infrastructure destroyed by floods across the country.

Buhari had through an executive communication last week, sought the approval of the National Assembly for N819.54bn supplementary budget.

The request, according to the President, would form part of the 2022 Appropriation Act.

Buhari in the letter read by President of the Senate, Ahmad Lawan, said the supplementary appropriation request was meant for the capital expenditure component of the 2022 budget. Meanwill,

The Senate on Wednesday approved President Muhammadu Buhari’s request of N819.54bn domestic loan meant to fix the infrastructure destroyed by floods across the country.

Buhari had through an executive communication last week, sought the approval of the National Assembly for N819.54bn supplementary budget.

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