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 […]
NNPC: NPDC largest producer of gas in Nigeria ― Kyari
BY Gabriel Enogholase- Benin Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing One billion standard cubic feet of gas per day (1bscfg/d) to the domestic market for power generation. Group Managing Director(GMD) of the NNPC, Mallam Mele Kyari made […]
How renewable energy can kick-start post-COVID economic recovery ― MD, Lumos Nigeria
By Udeme Akpan Despite the efforts of several administrations, inadequate and unstable power supply remains one of the major problems in Nigeria. In this interview with Udeme Akpan, Managing Director, Lumos Nigeria, PejuAdebajo, who spoke on a wide range of issues, makes a case for the massive deployment of renewable, especially solar to jump-start the […]
COVID-19: How Nigeria can use renewable energy to kick start post-pandemic economy – MD, Lumos Nigeria
Despite the efforts of several administrations, inadequate and unstable power supply remains one of the major problems in Nigeria.
We repossessed Lekki fuel station lawfully, says Ascon Oil
By Cynthia Alo Ascon Oil Company Ltd has denied a claim that it repossessed its petrol station at Block 36, Admiralty Way, Lekki Phase 1, unlawfully. Ascon said it recovered the fuel station with court bailiffs pursuant to a July 24, 2020 order of Justice Mohammed Liman of the Federal High Court in Lagos. In […]
Reps uncover illegal N7bn spent on Kashimbila Power Project by ministry
Demand explanation for unauthorised N2bn, others deposited in commercial bank By Levinus Nwabughiogu House of Representatives on Public Accounts Monday discovered unbudgeted N7bn, alleged to have been spent by the Federal Ministry of Power on Kashimbila Power Project. The Committee also discovered some government money kept in commercial banks in 2015 without authorisation. It, therefore, […]
