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 […]
Power privatisation: BPE releases transaction agreements
The Bureau of Public Enterprises, BPE has released the revised industry and transaction agreements to the 152 potential investors interested in the privatisation of the 17 successor companies created from the unbundling of the Power Holding Company of Nigeria, PHCN.
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.
Folawiyo, MRS top list on petrol storage – Investigation
Folawiyo Energy Ltd and MRS Oil and Gas Limited are among the top premium motor spirit, PMS or petrol storage tanks operators in the country.
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
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.
