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.
BPE denies fraudulent sale of FG shares in EPCL
The Bureau of Public Enterprises, BPE, has denied the fraudulent selling of the Federal Government’s five percent shares in Eleme Petrochemical Company Limited, EPCL, Port Harcourt, to Indorama for N4.375 billion as claimed by the Chairman of the Senate ad hoc Committee, Senator Ahmad Lawan.
NERC recommends faster winding up of PHCN
The Nigerian Electricity Regulatory Commission, NERC, has called for a deliberate process of winding down of the Power Holding Company of Nigeria, PHCN, as prescribed by the Electric Sector Reform Act 2005.
Bayelsa offers huge incentives to investors
Bayelsa State Government is offering huge incentives including tax holidays, land, and equity partnership to foreign companies willing to invest in the state.
BPE denies fraudulent sale of FG shares in EPCL
The Bureau of Public Enterprises, BPE, has denied the fraudulent selling of the Federal Government’s five percent shares in Eleme Petrochemical Company Limited, EPCL, Port Harcourt, to Indorama for N4.375 billion as claimed by the Chairman of the Senate ad hoc Committee, Senator Ahmad Lawan.
Power: 5,000MW target still on course – Nnaji
The Minister of Power, Prof. Bat Nnaji, has insisted that the Federal Government’s plan to attain about 5,000 megawatts of power generation in the country was still possible despite recent challenges within the sector.
Firm holds training for stakeholders in power sector
Somotex Nigeria Limited, the exclusive partner for Sukam power products in Nigeria in line with it’s philosophy of continuous training and innovation, recently, organized a dealers meeting / seminar to acquaint them with the product.
Ogoni spill: Shell supplies water to communities
THE Shell Petroleum Development Company, SPDC, said it has been supply portable water to communities affected in the Ogoni spill saga, which has occupied recent discourse on environmental pollution in the international scene.
Tie subsidy to PIB, Civil society tells FG
CIVIL society organisations across the country have urged the Federal Government to attach the removal of the fuel subsidy to the argument for the passage of the Petroleum Industry Bill, PIB, as proof of its commitment to the development of the industry and the economy at large.
Power: National Assembly commends Nnaji
THE Senate Committee on Power has commended the Minister of Power, Professor Bart Nnaji, for his “tenacity of purpose and commitment to the common good.”
Senate calls for sacking of interim management of Ajaokuta Steel
THE Chairman, Senate Committee on Power and Steel Development, Senator Philip Tanimu Aduda, has ordered the Minister of Mines and Steel, Musa Sada, to as a matter of urgency dissolve the Interim Management Committee for their roles in the sale of equipment of the Ajaokuta Steel Company.
