Energy

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Electricity: MAN cries out over high tariff, fixed charges

The Manufacturers’ Association of Nigeria, MAN, yesterday cried out to the Federal Government to review the multi-year tariff order, MYTO II, released in June 2014, containing the discriminatory fixed and average charges, saying the charges are suffocating the sector.

Sea Truck gets N40bn facility from Access Bank

Access Bank Plc has granted a $250 million credit facility to Sea Truck Group, an international group of companies offering offshore installation, accommodation and support services to the oil and gas industry worldwide.

FG grants energy firms N20bn waivers

The Federal Government granted about N19.662 billion in waivers and exemption to energy firms in the country in five months, between January and May 2014.

Ghana to cut gas import from Nigeria

Ghana has announced plans to significantly reduce the quantity of gas it purchases from Nigeria in the next couple of months through increased local gas production.

Vanguard Detty December

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