Business

Nigeria must manufacture meters locally, secure sustainable financing — Experts

Nigeria must manufacture meters locally, secure sustainable financing — Experts

By Esther Ihejirika Electricity sector experts have called for increased local meter manufacturing, sustainable financing and wider adoption of smart technology to accelerate meter deployment and close Nigeria’s metering gap. They made the call during a webinar on rapid meter rollout, stressing the need for a coordinated national metering plan to improve revenue collection, reduce […]
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FG to boost power generation via renewable energy resources – Onu

FG to boost power generation via renewable energy resources – Onu

The Minister of Science and Technology, Dr Ogbonnaya Onu, said on Tuesday said that the Federal Government would use renewable energy resources to increase energy generation.
Onu made this known when he received an Energy Charter Mission Team on Energy Investment Risk Assessment (EIRA) 2018 in Abuja.

N37.76bn shortage in NNPC’s revenue

N37.76bn shortage in NNPC’s revenue

The monthly Federal Account Allocation Committee (FAAC) meeting, which began on Tuesday was inconclusive due to discrepancies of about N37.76 billion in revenue presented by the NNPC.

Oil industry: Mass sack looms over picketing

Oil industry: Mass sack looms over picketing

Indications have emerged that thousands of jobs may soon be lost in Nigeria’s oil industry following the picketing of some service companies by the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, over alleged refusal of the firms to allow workers to unionise.