Energy

Consumers pay N1.2trn for electricity in six months — NERC

By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
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NNPC names firms involved supply of bad petrol

By Obas Esiedesa – Abuja The Nigerian National Petroleum Company (NNPC) Limited has named four companies responsible for importing bad petrol into the country which has led to an acute shortage of the product across the country. The companies, the importing vessels and the product origin were listed as: MRS (MT Bow Pioneer LITASCO Terminal, […]

Bad Fuel: Scarcity worsens; costs, storage delay removal

One week after detection of bad petrol in some states of the federation, evacuation is yet to start due mainly to huge volume of the product, logistics and costs to be borne in the process of moving it from depots and filling stations to designated points.

FG withdraws Methanol-laden petrol from market

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says that a limited quantity of Premium Motor Spirit (PMS), known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain.

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