Federal government has said it is expecting an improvement in electricity supply to Nigerian, just as it revealed that an increase in electricity tariff will be inevitable. Minister of Power, Mr Saleh Mamman, said this a statement signed by his media aide, Mr Aaron Artimas. He said the government was heavily burdened by the financial interventions it was providing the power sector to cushion its challenges. Mamman, equally complained that while the cost of electricity units in neighboring Niger Republic was higher than it is in Nigeria, consumers in Niger were prudent in their payment for electricity bills unlike in…

Christoph Zeller is Liechtenstein's only billionaire, according to Forbes. The 62-year-old billionaire, who made his fortune in dental products, is worth $3.1 billion. That's half of the tiny European country's $6.2 billion GDP. Zeller spent 13 years as the CEO of Ivoclar Vivadent AG, a dental products company that brought in $818 million in sales in 2018. There are an estimated 2,153 billionaires in the world, according to Forbes. But in Liechtenstein, a tiny central European country of 38,547 people, there's just one: Christoph Zeller. Zeller's is worth an estimated $3.1 billion, according to Forbes, a fortune derived from dental…

When was the last time you saw your CEO or vice president shadow the call centre or the factory floor? When was the last time your managing director came up to talk to employees about their needs and pain points in the workplace? The answer for most employees is never. There are employees who never see their executives over an entire career, save on the internal website or the latest organisational chart. The corporate hierarchy today creates executives who focus upwards rather than leaders who focus on building the foundations of their business. In the new digital age, where speed,…

Federal Ministry of Power’s new electricity distribution policy called “Willing Seller, Willing Buyer” was designed to bypass middlemen and sell power directly to consumers, a statement on Wednesday by Aaron Artimas, Special Adviser (Media and Communications) to Minister of Power, has said. Under the differential power distribution policy, electricity will be wheeled directly from generation companies (GenCos) to willing consumers who are ready to fully settle their bills. The willing consumers may include community and commercial clusters, industrial areas and hospitality sectors, the statement said. Speaking on a Freedom Radio phone-in programme in Kano on Tuesday, Minister of Power, Mr…