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 […]
Nigeria loses N133bn as crude production dips by 7.44mb
Nigeria lost $828.816 million, about N132.611 billion in one month, as the country’s crude oil production dropped by 7.44 million barrels in February 2014.
Obama’s $7.5bn Power Africa initiative excites investors
The Nigerian Power sector is set to benefit from the $7.5 bilion Power Africa Initiative launched in South Africa last year by President Barrack Obama
Implementation of gas plan, key to Nigeria’s development — Okwuosa
For Nigeria to achieve rapid development, the gas master plan must be effectively implemented, says Mr. Emeka Okwuosa, Chief Executive Officer, CEO, Oilserv Limited, an indigenous oil and gas servicing company.
Abuja Disco to engage 2,265 workers
As the six months employment contracts offered employees of defunct Power Holding Company of Nigeria, PHCN, expired, the management of the Abuja Electricity Distribution Company, AEDC, has re-engaged 2,265 workers to reposition and strengthen the operational needs of the company.
Shell opens bid for $12bn Bonga SW project
In an era where foreign direct investment in Nigeria’s oil and gas sector has not been forthcoming, Anglo-Dutch Shell has started contract award process for the construction of Floating Production Storage and Offloading, FPSO for its $12billion Bonga South West Aparo development.
