Energy

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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SON, stakeholders to re-qualify gas cylinders

The spate of gas cylinder explosion may be reduced to the barest minimum if the plan by the Standard Organisation of Nigeria, SON, to collaborate with gas plant owners and other relevant stakeholders in order to re-qualify gas cylinders is anything to go by.  

Local content to crash oil production cost — NCDMB

The Nigerian Content Development Monitoring Board, NCDMB, has allayed concerns that its plan to grow local content implementation in Nigeria by over 70 per cent by 2027 would hamper the directive by the Federal Government to operators in the oil and gas sector to crash crude oil production cost by at least five per cent.

Crude theft: Oil assets at risk, Aiteo raises the alarm

By Michael Eboh & Prince Okafor Managing Director of Aiteo Exploration and Production Limited, Mr Victor Okoronkwo, yesterday, expressed concern over the rising spate of crude oil theft in the country, stating that the activities of vandals are posing serious security risks to oil assets across the country. Speaking in Bayelsa, at the ongoing 9th […]

Power: FG rates DISCOs’ performance poor

The Federal Government, Thursday, lamented that despite achievements recorded in the areas of power generation and transmission capacity increment, the Distribution Companies, DISCOs, were not doing enough to take the product to the consuming public.

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