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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Senate calls for sacking of interim management of Ajaokuta Steel

Senate calls for sacking of interim management of Ajaokuta Steel

THE Chairman, Senate Committee on Power and Steel Development, Senator Philip Tanimu Aduda, has ordered the Minister of Mines and Steel, Musa Sada, to as a matter of urgency dissolve the Interim Management Committee for their roles in the sale of equipment of the Ajaokuta Steel Company.

Security, others, top challenges at Onne Free Zone

Security, others, top challenges at Onne Free Zone

OPERATIONS of the oil and gas free zone in Onne, Rivers State, has cited security threats as a major setback in operations as well other challenges encountered in its activities of enabling logistical efficiency in the free zone.

NCDMB moves to save $3.5bn capital flight

NCDMB moves to save $3.5bn capital flight

THE Nigerian Content Development and Monitoring Board, NCDMB, has ordered International Oil Companies, IOCs, operating in the country to ensure the implementation of the Nigerian Oil and Gas Industry Content, NOGIC Act, or face immense pressure from the federal government.

Pipeline project: Expert frowns at deprivation of oil communities

Pipeline project: Expert frowns at deprivation of oil communities

A WARRI-based pipeline construction engineer, Mr. Misan Fenegbitse, has said that the insistence on the Horizontal Directional Drilling, HDD, by the Pan Ocean Oil Corporation of Nigeria for the Amukpe-Escravos Pipeline Project, AEPP, would alienate the people of the communities hosting the project from participating it.