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 […]
Subsidy probe: Integrated Oil rejects N13bn refund
Chairman of the Integrated Oil and Gas Ltd., Capt. Emmanuel Ihenacho, has rejected the report presented by the Hon Farouk Lawan-led, House ad hoc committee on the subsidy regime management of the oil subsidy.
Mobil denies involvement in subsidy scam
MOBIL Oil Nigeria, Plc has denied any form of involvement in subsidy scam. The anti-corruption agency is to recover 14.93 billion naira ($95.04 million) in fuel subsidy payments received by Mobil Oil Nigerian Plc, the downstream subsidiary of ExxonMobil group, a parliamentary investigation said.
FG to harvest 10.8MW power from wind farm
The Federal Government said the country’s first ever wind-propelled power project, due for commissioning in July this year in Kastina State, will contribute about 10.8 mega watts to the national grid.
Lagos unveils first household energy and emission calculator
The Lagos State Government, through the Ministry of Energy and Mineral Resources and its implementation agency the Lagos State Electricity Board (LSEB), will today launch the first consumer focused Household Energy and Emission Calculator in Nigeria.
Shell assessing $4bn Nigeria oil projects
The Chief Executive of Royal Dutch Shell Plc, Mr. Peter Voser, has revealed that the oil major is assessing projects that could be worth up to $4billion to boost oil production in Nigeria and cut flaring of associated gas.
