THE Independent Petroleum Marketers Association of Nigeria, IPMAN, has blamed ongoing petrol scarcity across the country on supply shortage and high cost of running their operations.

Indications emerged yesterday that the ongoing fuel scarcity in the country may not abate soon, as major stakeholders in the sector are currently expressing divergent views as to the cause(s) of the crisis.

Grid: How rising attacks on towers threaten FG’s 10,000MW target

Commuters were, yesterday, stranded in Lagos, Abuja, Oyo and some other states, as the ongoing fuel crisis bites harder in the country.

THERE were indications, weekend, that the fuel shortage noticed in Lagos and its environs would worsen, as independent marketers said they have not been supplied for days.

Nigeria’s poor power generation continued over the weekend with 15 plants producing just 2,497.40 megawatts as outages across the country persisted.

FOLLOWING the myriad of challenges facing Nigeria’s power sector over the last decade, the Federal Government has launched the Power Sector Recovery Programme (PSRP) to address the inefficiencies in the system

The Deputy Majority Leader of the House of Representatives and former President of Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, Peter Akpatason, has said the government is not serious about solving the country’s electricity supply crisis.

INDICATIONS of growing restiveness in the Electricity industry have emerged over Federal Government and Power sector operators’ alleged breach of Power Sector Reform Act, PSRA of 2005 which culminated in the privatisation of the assets of the defunct Power Holding Company of Nigeria, PHCN in 2014.

By Harris Emanuel Akwa Ibom State government has firmed up an agreement with African Delta Power Limited to add additional 366 megawatts to the existing 191 megawatts to the state Ibom power plant. The new deal shows that the aggregate maximum capacity of the gas turbine generator unit was capable of producing up to 732 […]

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is drafting six regulations on midstream and downstream operations to bring clarity, improve business processes and ease of doing business in the sector.

By Ediri Ejoh The Nigerian National Petroleum Company Limited (NNPC) and leading energy and infrastructure conglomerate, Sahara Group have taken delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in Ulsan, South Korea, with plans to add 10 vessels in 10 years to enhance Africa’s transition to cleaner fuels. […]

FOUR months after a major oil spill was reported in Lasukugbene community in Southern Ijaw LGA, Bayelsa State, along the Tedibaba Brass Trunk Line operated by the Nigeria Agip Oil Company, NAOC, the leadership of the community has slammed the multinational oil company and the state government for abandoning them.

Electricity generation on, the weekend, dropped by 7 per cent to 3,284 megawatts, MW, from 3,526MW, according to the report of the Nigeria Electricity System Operator, obtained by Vanguard. This was grossly inadequate for transmission and distribution to electricity consumers, including households and organisations in all parts of the nation.

By Edirin Ejoh Emeka Okwuosa is the Executive Chairman of Oilserv Limited, Frazimex Energy Services Limited, Frazimex Engineering Limited, Frazpower Limited and Frazoil Limited. He isnot only an engineer involved in the construction of high-tech industrial facilities, he is also a farmer with a thirst for solving Nigeria’s food insecurity nightmare through his company, Excel […]