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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Spill judgment: Farmer awaits Shell response

Spill judgment: Farmer awaits Shell response

Five weeks after a Dutch court in The Hague, Netherlands, ruled in favour of Mr.Friday Akpan, a farmer, whose 47 fish ponds were polluted by the Shell Petroleum Development Company, SPDC oil spill, he is yet to be paid for the damages.

Enact Oilfield Anti-Indemnity Law in Nigeria (1)

Enact Oilfield Anti-Indemnity Law in Nigeria (1)

The thought of the devastating and horrible impact of the BP Deep-Water Horizon Oil Spill in the Gulf of Mexico seemed almost unimaginable. Scenarios unfolding more frequently in the Niger Delta region than we’d like to believe asseverates two major questions regarding oil pollution that Nigerians have an obligation to answer.

FG approves $1bn bond for electricity trader

FG approves $1bn bond for electricity trader

The Federal Government has empowered the Nigerian Bulk Electricity Trader with the sum onebillion Dollars, $1 billion, which has been approved in form of bond, to enable it purchase electricity from the generating companies.