Energy

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

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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Oil block sales: ‘Asset management more important than operatorship’

Oil block sales: ‘Asset management more important than operatorship’

The Country Chair, Shell Companies in Nigeria, Mr. Mutiu Sunmonu, has defended that the controversy over who becomes the operator of some of its divested oil blocks in Nigeria’s onshore Niger Delta is unnecessary as the management of the assets should be more important.

Union tasks new minister on labour issues

Union tasks new minister on labour issues

As the Minister of State for Power, Mr. Darius Ishaku, takes over the mantle of leadership from his former boss Prof. Barth Nnaji, workers of Power Holding Company of Nigeria, PHCN, have urged the new minister to resolve all labour issues before privatisation is completed.

Broron acquires support vessel for oil exploration

Broron acquires support vessel for oil exploration

In line with the realisation of the local content objectives, BRORON Oil and Gas Limited has acquired a support but specialsed vessel ‘BSV Aviana’ to service the upstream sector of the Nigerian Oil and Gas industry.

NIPP to complete $8bn- 4,774MW projects by 2014

NIPP to complete $8bn- 4,774MW projects by 2014

The ongoing multi-billion dollar Federal Government emergency power intervention project for the additional supply of 4,774 megawatts is expected to be completed by the first quarter of 2014,the Managing Director of the Niger Delta Power Holding Company, NDPHC, Mr James Abiodun Omo Olotu, has said.

NAPE solicits Ondo State support

NAPE solicits Ondo State support

In a bid to drum up support for the NAPE Annual International Conference and Exhibition and to introduce NAPE as an organization and its activities, the leadership of the association led by its president, Dr. Mayowa Afe, recently visited the Executive Governor of Ondo State, Dr. Olusegun Mimiko.