Energy

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Lawmaker calls for private investment in refineries

Lawmaker calls for private investment in refineries

DUE to the deplorable state of Nigerian refineries, the Chairman House of Representatives Committee on Downstream Petroleum, Hon. Dakuku Peterside, has called on private investors to take advantage of the opportunities in Nigeria’s refining sector.

Vandals threaten electricity stability

Vandals threaten electricity stability

Power Holding Company of Nigeria, PHCN, has raised an alarm that vandals of electricity installations are threatening the efforts of the utility company to stabilise electricity supply in the country.

NCDMB clarifies price disparity between Nigerian, foreign oil service companies

NCDMB clarifies price disparity between Nigerian, foreign oil service companies

Following complaints by some indigenous oil service companies that the spirit of price disparity between them and their foreign counterparts while bidding for jobs with International Oil Companies negates the spirit of fairness the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) Engr. Earnest Nwapa has clarified the reasons behind the development if it does exist.

Nigeria losses over $20b annually in power, other sectors – Okolo

Nigeria losses over $20b annually in power, other sectors – Okolo

IT has become highly imperative for the federal government to expand its frontiers in the Local Content policy to cover strategic sectors of the economy as over $20 billion worth of jobs is being lost by the country annually to capital flight especially in sectors like power and telecoms amongst others.

Vanguard Detty December