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 […]
Afam Power pleads with NBET over N1bn debt
THE management of the Afam Power PLC has appealed to Nigerian Bulk Electricity Trading, NBET PLC to pay up over N1 billion debt owed it for power generation, lamenting that the company is currently facing huge liquidity challenge.
Distribution inefficiencies, lack of funds, others hinder 8000MW target — NDPHC
The Managing Director, Niger Delta Power Holding Company, NDPHC, Mr. Chiedu Ugbo said that the much targeted 8000 megawatts may not be achieved so long as the power sector is plagued by deficiency in distribution infrastructure.
ExxonMobil expresses commitment to investing in Nigeria
ExxonMobil, a leading oil and gas company has expressed commitment to investing in Nigeria.
FG should tackle oil theft, environmental degradation, insecurity –––NNF
THE Federal Government and other relevant stakeholders have been charged to tackle oil theft, environmental pollution and insecurity in the country.
ExxonMobil expresses commitment to investing in Nigeria
ExxonMobil, a leading oil and gas company has expressed commitment to investing in Nigeria.
Why we emerged with Alternative Evacuation Technology – Nestoil
Neconde Energy Limited has stated that it emerged with the Alternative Evacuation Technology, AET, in order to tackle oil theft and pipeline vandalism in Nigeria.
How govt limits rise in LPG per capita consumption -–– Experts
Despite its position as the second largest producer of Liquefied Petroleum Gas, LPG, industry expert have attributed blames to the government for stalling progress of LPG per capital usage in country.
NNF calls for increased advocacy to tackle oil theft
New Nigeria Foundation (NNF), a Non-Governmental Organisation (NGO), with interest in clean environment and sustainable community development through public-private partnership, has made a case for increased advocacy to tackle oil theft in Nigeria.
Poor equipment, lack of funds, others stall power supply to Ilesha
THE people of Ilesha in Osun State may have to live in darkness for a while, as damaged equipment, molestation of workers and lack of funds have stalled the rehabilitation of facilities.
NERC outlines charges for meters
Nigerian Electricity Regulatory Commission, NERC, has issued permits to Abuja Electricity Distribution Company Plc, AEDC, and Jos Electricity Distribution Company Plc, JEDC, under its Meter Asset Providers (MAPs) and ordered rollout of meters from May 1, 2019.
NCDMB, NLNG sign Train 7 Nigerian Content Plan, to create 10,000 jobs
The Nigerian Content Development and Monitoring Board, NCDMB and the Nigeria LNG Limited, NLNG, on Friday signed the Nigerian Content Plan, NCP for the NLNG Train 7 project, taking a big step towards kick- starting the huge gas project that would create a flurry of activities in the oil and gas sector and contribute immensely to the nation’s economy.
Accountability Lab holds 2019 challenge in partnership with Canada, Oando
Accountability Lab, a Non-Governmental Organisation,NGO, focused on establishing change-makers to develop and implement positive ideas that promote integrity within their communities, has concluded its 2019 innovation challenge in Nigeria.
Nigeria loses N302bn to gas flaring in one year
Gasflaring has continued to take its toll on the Nigerian economy, the environment and the lives of the people of oil-producing communities, as the country lost $987.175 million, about N302.076 billion in 2018, to the continuous flaring by oil and gas firms operating in the petroleum industry.
Shell, UBA sign $200m contractor support fund
The Shell Petroleum Development Company of Nigeria Limited, SPDC, has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry. This latest move brings the fund size to $2.4 billion.
How team deploys one injector, save $80m for Total
GEologists, engineers and others have been tasked to be brave while always seeking to challenge known conventions in order to emerge with new findings, capable of enhancing oil and gas find in Nigeria.
