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 […]
Coronavirus: How drop in oil price affects Nigeria’s economy
• As outlook remains bleak By Michael Eboh Despite the absence of reassuring words from the Federal Government, Nigerians have cause to be concerned, as the global spread of coronavirus, also known as COVID-19, and the continuous drop in the price of crude oil in the international market would definitely take a heavy toll on […]
Nigeria Energy Forum to focus on Sustainable Development Goal 7
Nigeria Energy Forum scheduled to hold next month (April) is expected to focus on how the nation can ensure access to affordable, reliable, sustainable and modern energy for all. Focusing on the Sustainable Development Goal 7 (SDG-7), the Forum according to the organiser will bring together 30 energy experts and over 300 participants. The former […]
MOMAN partners NNPC on petroleum products distribution
The Major Marketers Association of Nigeria, MOMAN, at the weekend reiterated its continued partnership with the Nigerian National Petroleum Corporation (NNPC) to ensure seamless supply of petroleum products across the country. In a statement sent to Vanguard, Chairman of MOMAN, Mr. Tunji Oyebanji, who stated this in Lagos, urged the Federal Government to consider removing […]
Govt. yet to explore full potentials of gas — NSE chairman
*Puts cost of power at 40% By Elizabeth Uwandu Worried about the huge cost of power generation incurred by manufacturers, the Nigerian Society of Engineers, Apapa branch hosted a public lecture on, ‘High cost of energy in industrial sector- exploring the gas solution’. Speaking at the event, that saw new members inducted into the Society, […]
Nigerian Content Implementation now at new level with 1% contractor’s fund — Simbi Wabote
In what ways do you think emerging technologies will drive local content development in the country Of course, the oil and gas sector is highly technical and the technology doesn’t remain stagnant. It changes over time. And I think in terms of local content, most of the businesses that have established capacity also are aware […]
