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 […]
Acute petrol scarcity hits Umuahia, Aba
Acute scarcity of the Premium Motor Spirit, commonly called petrol, has hit Umuahia and Aba, the commercial nerve centre of Abia. The News Agency of Nigeria (NAN) reports that the development has resulted in a sharp increase in the price of the commodity in service stations belonging to independent marketers. NAN correspondents, who monitored the […]
DPR to enable NNPC deliver value to Nigeria – Auwalu
The Director/Chief Executive Officer, Department of Petroleum Resources (DPR) Mr Sarki Auwalu says the department, as a business enabler, would support the Nigerian National Petroleum Corporation (NNPC) to deliver value to Nigerians. Auwalu gave the assurance when a delegation of NNPC management team led by the Group Managing Director, Malam Mele Kyari, visited the DPR, […]
Domestic gas supply to GenCos rises by 20.2% in Q1’21
Domestic gas supply to gas fired generating plants (GenCos) across the country rose significantly by 0.51 million standard cubic feet per day (mmscfd) to 2,505mmscfd in the first quarter (Q1) of 2021.
Price hike: Dealers urge repeal of import tax on cooking gas
Some dealers in Liquefied Petroleum Gas, otherwise called cooking gas, in Nsukka have blamed its price hike on the reintroduction of import tax on the commodity. Those who spoke on the development in separate interviews with the News Agency of Nigeria (NAN) in Nsukka on Thursday urged the Federal Government to repeal the tax. They […]
How PIA will change oil & gas business in Nigeria — Experts
By Obas Esiedesa The enactment of a new law for the oil and gas industry, the Petroleum Industry Act, PIA, in Nigeria has raised hope amongst stakeholders with many saying that for the first time, the petroleum sector is ready to play a major role in the growth of the Nigerian economy. For Nigeria’s oil […]
