Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
Ministry decries smuggling of minerals
Following the surge in illegal activities in the Solid Minerals sector, the Minister of Mines and Steel Development, Mr. Musa Sada, has condemned the continued smuggling of mineral resources out of the country.
Nigerians to pay more for cooking gas
Nigerians will be compelled to pay a sudden 48 percent price increase for liquefied petroleum gas, LPG, also known as cooking gas, as a 12.5 kilogramme of the product has risen to N4,000, up from N2,700 previously.
Energy firms owe Nigerian banks N2.6trn
Energy firms are owing banks in Nigeria about N2.644 trillion as at end-December 2013, the Central Bank of Nigeria, CBN, has stated.
Sugar sector to contribute 411MW of electricity
The National Sugar Development Council, NSDC, said the sugar sector could contribute 411 megawatts of electricity to the national grid, in line with the federal government’s quest to boost energy supply in the country.
FG explains policy on renewable energy
The Federal Government has said that the proposed National Policy on renewable energy and energy efficiency was conceived to boost electricity supply nationwide.
