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 […]
PPMC earns N957bn from petroleum products sales
The Pipelines and Product Marketing Company, PPMC, earned N957 billion from the sales of petroleum products in 12 months, between July 2015 and June 2015, according to data obtained from the Nigerian National Petroleum Corporation, NNPC.
FG slashes process for mining licences award to 40 days
ABUJA-THE Federal Government has reduced the timeframe for the award of mining licenses in Nigeria, stating that henceforth, miners would get their licences within 40 days.
HostCom engages traditional rulers to end Niger Delta crisis
Host Community of Nigeria, Producing Oil and Gas, HOSTCOM, has engaged the services of traditional rulers to meet with key stakeholders in the Niger Delta region to help in quelling the violence in the region and also bring about lasting peace.
Power generation steady at 3,000MW despite gas shortage
Despite shortage ofgas supply occasioned by disruption of pipelines by incessant bombings by militants, the Minister of Power, Works and Housing, Babatunde Fashola, said that power generation has been stable at over 3,000 megawatts, mw, for days due to decisions taken at the monthly power sector meetings.
Ikeja Electric gives discounts on outstanding bills
Ikeja Electric Plc, in an effort to facilitate the recovery of debts owed it, has commenced a Debt Discount Initiative for customers under its network.
