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 […]
OPEC, non-OPEC countries to increase production by 0.5mb/d in January
The Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC countries have agreed to increase crude oil production by 0.5 million barrels per day (mb/d) in January. The group reached the agreement at the 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, on Tuesday in Vienna. The meeting acknowledged the need to gradually […]
Electricity tariff hike bad taste for Nigerians in New Year — Ndu
FOLLOWING Federal Government’s New Year ‘gift’ through the Nigerian Electricity Regulatory Commission, NERC, of 50 percent hike in electricity tariff effective from January 1, 2021, Civil Society Organisations, CSOs, Tuesday, condemned and rejected the increase in all ramifications.
No 50% increase in electricity tariff — NERC
The management of the Nigerian Electricity Regulatory Commission (NERC) says there is no 50 per cent increase in electricity tariff.
CSR: Satellite town residents want tank farms’ N715.5m projects audited
By Godfrey Bivbere Residents of Satellite town and its environs have called for a forensic audit of the N715.5 million Corporate Social Responsibility, CSR projects by operators of tank farms. According to them, the audit of the alleged expenditure became necessary to ascertain if such amount was committed into CSR projects in the area. It […]
LPG: NLNG begins domestic supply of 450,000 MT yearly
By Udeme Akpan Consumers of the Liquefied Petroleum Gas, LPG, would have more domestic supply, as the Nigeria LNG Limited, has started the supply of 450,000 metric tonnes, MT in 2021. A company source, who confirmed the development, said the product would be delivered to designated destinations, including Lagos. Earlier, Managing Director, NLNG Limited, Mr […]
