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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NNPC refutes dilapidation of Atlas Cove

NNPC refutes dilapidation of Atlas Cove

The management of the Nigerian National Petroleum Corporation, NNPC, has refuted reports of the growing dilapidation of the Atlas Cove Jetty, the biggest petroleum products storage facility in the country.

Stakeholders call for expedite passage of PIB

Stakeholders call for expedite passage of PIB

Stakeholders in the Oil and Gas industry have urged the National Assembly to expedite the passage of the Petroleum Industry bill, PIB, which was sent to it by Mr President last week.

Platform Petroleum celebrates 10 years of operation

Platform Petroleum celebrates 10 years of operation

One of the objectives of the Nigerian Content Development Act, is to encourage Nigerians to participate fully in the oil and gas sector by way of contracts award, operation of oil marginal fields and use of local equipment and man power in the oil and gas sector.

Severance pay: Labour vows to resist PHCN sale

Severance pay: Labour vows to resist PHCN sale

Electricity workers have vowed that no private sector individual or group will take over the assets of the Power Holding Company of Nigeria, PHCN, unless the severance benefits and other entitlements were fully paid.