Poor power supply remains one of the major problems in Nigeria. In this interview with UDEME AKPAN, the Managing Director and Chief Executive Officer, Lumos Nigeria, Mrs Peju Adebajo, disclosed that operators are ready to support the Federal Government in delivering renewables to consumers, to support the nation’s national grid. Excerpts: In your opinion, how […]

By Udeme Akpan The Federal Government has said that it has secured $6.15 billion for infrastructural development in the power sector. Minister of Power, Engr. Sale Mamman, who disclosed this in his report – One Year Anniversary: Key achievements – obtained by Energy Vanguard, stated: “I am glad to state that to date, $6.15 billion […]

By Sebastine Obasi The Electricity Meter Manufacturers Association of Nigeria, EMMAN, has appealed to the Federal Government to review its levies on imported electricity meters, to promote full local content in the production of pre-paid meters. The appeal is coming on the heels of President Muhamadu Buhari’s approval of one-year deferment of the 35 per cent […]

By Michael Eboh Nigeria spent N1.09 trillion to import Premium Motor Spirit, PMS, also known as petrol, in the first six months of 2020, rising by 42.3 per cent, compared to N766.06 billion recorded in the same period in 2019, according to the National Bureau of Statistics, NBS, data. The NBS, in a series of […]

The workers, in a statement through the National Union of Electricity Employees, NUEE, lamented that the tariff was hurriedly increased and implemented amid poor service delivery, lack of consultation with consumers/stakeholders, lack of substantial metering of consumers, poor remuneration package for workers in the sector, among others.

BUA Group, on Tuesday, signed an agreement with Axens of France for the supply of process technologies for its upcoming 10 million tonnes per annum mega-refinery and petrochemicals facility to be sited in Akwa Ibom State.

By Udeme Akpan The Federal Government has disclosed that it has secured $6.15 billion for infrastructural development in the power sector. The Minister of Power, Engr. Sale Mamman, who disclosed this in his report – One Year Anniversary: Key achievements–obtained by Energy Vanguard, stated: “I am glad to state that to date, a total sum […]

…Reserves, rig count on sharp decline …Nigeria requires $20bn investment yearly …Experts harp on passage of PIB, others By 2020, Nigeria had planned to increase oil reserves from about 37 billion to 40 billion barrels. However, investigation by Udeme Akpan, Vanguard Energy Editor, who moved from one location to another, investigating the operations of oil […]

By Mike Eboh Gas flaring in Nigeria’s oil fields has taken a huge toll on the economy, as the country flared 225.1 billion standard cubic feet of gas, (bscf) between January and July 2020. The monetary value of the burnt gas in the international market is $787.7 million (about N299.33 billion). This comes against the […]

BY Gabriel Enogholase- Benin Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing One billion standard cubic feet of gas per day (1bscfg/d) to the domestic market for power generation. Group Managing Director(GMD) of the NNPC, Mallam Mele Kyari made […]