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 […]
Maximising petroleum resources for Nigerians benefits
NIGERIA’S petroleum industry have come a long way from its over 57 years of commercial oil production, but perhaps the most significant period, in terms of local input and benefits to Nigerians have been since the advent of President Jonathan’s administration.
Substandard cylinders hinder gas development
THE high incidence of substandard, unbranded and smuggled cylinders into the Nigerian market has deterred genuine importers of the product from investing in the business, thereby discouraging the use of Liquefied Petroleum Gas, LPG/cooking gas in the country.
NCP approves handover of PHCN successor coys
The National Council on Privatization (NCP), on Friday, formally approvedthe handover of the successor companies unbundled from Power Holding Company of Nigeria, PHCN, to the preferred bidders.
Schneider, Mikano partner in power distribution
Schneider Electric and ikanoInternational,have agreed to collaborate in electrical distribution in a bid to increase investment opportunities in the power sector.
Oil &Gas: PIB, A Serious environmental protection proposal? (2)
The quest for whether the proposed law will effectively address the issues of abandonment, decommissioning and disposal, is by analyzing the current legal regime vis-à-vis the PIB. Currently the legal regime for offshore decommissioning and abandonment is covered by motley assortment of inadequate and almost labyrinthine body of legislations, dating back to the Petroleum Act of 1969.
