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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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.

Ogoni spill: Shell supplies water to communities

Ogoni spill: Shell supplies water to communities

THE Shell Petroleum Development Company, SPDC, said it has been supply portable water to communities affected in the Ogoni spill saga, which has occupied recent discourse on environmental pollution in the international scene.

Senate calls for sacking of management of Ajaokuta Steel

Senate calls for sacking of 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 of Ajaokuta Steel Company for their roles in the sale of equipment of the steel company.

Diezani Madueke faults NEITI on NNPC’s oil proceeds

Diezani Madueke faults NEITI on NNPC’s oil proceeds

The Minister of Petroleum Resources, Mrs Diezani Allison-Madueke, weekend denied that the NNPC made illegal deduction from the sale of crude oil as alleged by the Nigeria Extractive Industries Transparency Initiatives ( NEITI).

Skill acquisition  crucial to success of local content policy- Okoigun

Skill acquisition crucial to success of local content policy- Okoigun

Indigenous companies operating in the oil and gas sector have been asked to pay serious attention to the training and retraining of Nigerians in their employment to enable them acquire the necessary skills and expertise that will be crucial to the success of the Nigerian Oil and Gas Industry Content Development Act