Transporters in the Federal Capital Territory, Abuja, and its environs continue to face a hard time as many filling stations in the city refuse to open for business.

The Edo State Governor, Comrade Adams Oshiomhole, last week in Benin expressed unflinching support for the proposed privatisation of power assets in the country.

The National Agency for Science and Engineering Infrastructure, NASENI, has gotten the Federal Government’s approval to commence the deployment of locally produced solar panels in the Niger Delta.

The Nigerian Senate has absolved the Bureau of Public Enterprises, BPE, of being responsible for the failure of Federal Government establishments that were sold to private individuals under the ongoing privatisation programme.

Qatargas has signed Tripartite Sales and Purchase Agreement to supply Liquefied Natural Gas (LNG) to Chubu Electric Power Company and Shizuoka Gas Company at a signing ceremony during the 2011 World Petroleum Conference in Doha.

To promote indigenous capacity in Nigeria, the Bank of Industry BoI, in collaboration with the United Nations Development Programme, UNDP, is targeting to give about 53% of the population access to renewable energy. This group do not have access to electricity supply.

Power generation in the country dropped by 1,080 mega watts on Tuesday due to the shut down of the Egbin Thermal Station.

Legislators in Nigeria’s lower house of the National Assembly have expressed dissatisfaction with Federal Government’s reasons for wanting to remove subsidy on fuel.

The 20th edition of the World Petroleum Congress, WPC, ended in the Qatari capital of Doha, and every participant acknowledged that this edition set new records.

The World Energy Council, WEC, expects that transport fuel demand in the next forty years will come mainly from developing countries such as China and India, where demand is expected to grow by 200% to 300%, according to its latest report.

The Bureau of Public Enterprises, BPE, has denied the fraudulent selling of the Federal Government’s five percent shares in Eleme Petrochemical Company Limited, EPCL, Port Harcourt, to Indorama for N4.375 billion as claimed by the Chairman of the Senate ad hoc Committee, Senator Ahmad Lawan.

The Nigerian Electricity Regulatory Commission, NERC, has called for a deliberate process of winding down of the Power Holding Company of Nigeria, PHCN, as prescribed by the Electric Sector Reform Act 2005.

Bayelsa State Government is offering huge incentives including tax holidays, land, and equity partnership to foreign companies willing to invest in the state.

The Bureau of Public Enterprises, BPE, has denied the fraudulent selling of the Federal Government’s five percent shares in Eleme Petrochemical Company Limited, EPCL, Port Harcourt, to Indorama for N4.375 billion as claimed by the Chairman of the Senate ad hoc Committee, Senator Ahmad Lawan.

The Minister of Power, Prof. Bat Nnaji, has insisted that the Federal Government’s plan to attain about 5,000 megawatts of power generation in the country was still possible despite recent challenges within the sector.