Energy

Consumers pay N1.2trn for electricity in six months — NERC

Consumers pay N1.2trn for electricity in six months — NERC

By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
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US reiterates steps to curb oil theft in Nigeria

US reiterates steps to curb oil theft in Nigeria

The United States Special Envoy for Energy at the Department of State, Ambassador Carlos Pascual, said the US Government has succeeded in mapping out key steps to addressing the issue of oil theft and related revenue losses in Nigeria.

IPMAN leadership crisis deepens

IPMAN leadership crisis deepens

The crisis of leadership rocking the Independent Petroleum Marketers Association of Nigeria, IPMAN, Mid-Western Zone, comprising Delta and Edo states, has continued to deepen by the day.

CSOs declare support for NFIA Bill

CSOs declare support for NFIA Bill

Civil Society Organisations under the aegis of Civil Society Coalition against Corruption, CSCC, has given its support for the Nigerian Financial Intelligence Agency, NFIA, bill to be passed into law. This followed last week’s public hearing on a bill by the Senate.

Ministry discovers haven for illegal gold miners

Ministry discovers haven for illegal gold miners

THE Ministry of Mines and Steel Development, MMSD, had discovered a haven of illegal gold miners in Mailumba- Garin Gabas, Rafi Local Government Area of Niger State, where they make brisk business form the illicit trade.

Optimal model for privatizing Nigerian national refineries

Optimal model for privatizing Nigerian national refineries

An announcement has been made by the government regarding the privatization of national refineries whose implementation is slated for 2014. No doubt, the announcement has received mixed reactions from the public, depending on relative perception of the would-be ultimate winners and losers from this exercise.