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 […]
NUPENG petitions Presidency over sack of 17 officials by SPDC
NIGERIA Union of Petroleum and Natural Gas Workers, NUPENG, has petitioned the Presidency over the sack of 17 of its officials including the caretaker committee chairman, by Shell Petroleum Development Company, SPDC.
FG targets 40,000Mw in 13 years
THE Federal Government has announced its desire to boost sustainable electricity supply to about 75 percent of Nigeria’s total population within the next 13 years as it plans to have a combined supply capacity of 40,000 Mega watts by the said period.
WPC endorses MEPEC 2013
THE World Petroleum Council (WPC) has announced its official endorsement of the Middle East Process Engineering Conference & Exhibition, MEPEC 2013, just as its President, Dr Renato Bertani, has accepted to join the MEPEC Advisory Committee.
PHCN PRIVATISATION CONTROVERSY: Dancing disco with DisCos
The journey to the privatization of the 11 Distribution Companies created from the unbundling of the Power Holding Company of Nigeria, PHCN, a product of the defunct National Electric Power Authority, NEPA, started in December 2010 when the National Council on Privatisation, NCP, through its secretariat, the Bureau of Public Enterprises, BPE, advertised for Expressions of Interests by prospective investors willing to take up majority stakes in each of the companies.
AP, Conoil, MRS continue to sell petrol at N105/L
Despite being informed about the unethical activities of some of their retail outlets, the franchise owners of AP, now, Forte Oil, Conoil and MRS, have done nothing with regard to their outlets selling petrol at N105/litre, rather than the approved N97/L.
