Dangote to launch own shipping fleet to boost maritime operation
By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
11 DISCOs reject 18,648.66mw of electricity in 14 days
Despite several promises made by the Federal Government to ensure total evacuation of generated power to consumers, Nigerians are yet to see any development, as the nation’s 11 Distribution Companies, DISCOs rejected 18, 648.66 megawatts (mw) of electricity in the first two week of 2018.
Collapse of Nigeria’s power sector imminent – IBEDC cries out
THE management of Ibadan Electricity Distribution Companies, IBEDC, has warned that Nigeria’s power sector is on the brink of collapse as its dysfunctional and foundation related issues are yet to be addressed.
Total, NNPC ready to take FID on Ikike oil field project
The dearth of new investments in Nigeria’s upstream oil sub-sector may soon be a thing of the past as Total Exploration and Production Company in Nigeria and the Nigerian National Petroleum Corporation, NNPC are set to take the final investment decision, FID, on the Ikike oil field.
ELECTRICITY: 159 power equipment containers still stranded at seaports – TCN
The Transmission Company of Nigeria (TCN) has said that about 159 power equipment containers of various power equipment abandoned by contractors are still stranded at various seaports across the country.
Nigerian LNG cargo to arrive Portugal tomorrow
A cargo of liquefied natural gas loaded at the Nigerian Liquefied Natural Gas, NLNG, facility on Bonny Island is currently on its way to Portugal.
