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 […]
Oil deals: Traders may sue Swiss NGO
Oil traders accused of shady deals in Nigeria’s crude sales by a Swiss-based Non- Government Organisation, the Berne Declaration, may have approached their lawyers on the possibilities of seeking redress for what they described as “libelous publication” by the NGO.
Chevron explains restructuring, disengagement
Chevron Nigeria Limited, CNL, has said that the recent voluntary disengagement embarked by some of its staff, is on account of a recent restructuring programme concluded by the oil major. The exercise re-echoes a similar one engaged by the Shell Companies in Nigeria a couple of years ago as part of its portfolio management programme, leading to the exit of scores of workers.
PEM offshore, Chevron sign N160m manpower agreement
PEM Offshore Limited has signed a US$1 million five-year contract (about N160 million), with Chevron Nigeria Limited, to train and promote human capacity development in the Nigerian maritime and petroleum sectors.
Consumers grapple with high kero cost
The price of Kerosene, a product mostly used by the Nigerian masses, has remained high and beyond the reach of the people, despite the recent intervention by the Independent Petroleum Marketers Association of Nigeria, IPMAN.
NIPP preferred bidders to be announced January 2014
The Federal government said it would announce the preferred bidders for the 10 gas-fired electricity generation plants built by the Niger Delta Power Holding Company, NDPHC, under the National Integrated Power Project, NIPP, by January next year.
