Energy

Consumers pay N1.2trn for electricity in six months — NERC

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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FG mulls 10-year tariff plan

FG mulls 10-year tariff plan

The Director General, DG, Bureau of Public Enterprises, BPE, Mr. Benjamin Dikki, last week said the Federal Government is initiating a 10-year tariff plan to provide a clear-cut environment for investment in the power sector.

Cautious optimism greets Kachikwu’s double role

Cautious optimism greets Kachikwu’s double role

The announcement of Dr. Ibe Kachikwu, as Minister of State for Petroleum Resources did not come as a surprise to many. But what came as a shock, was his announcement on resuming office that he will also be retaining his job as the Group Managing Director, Nigerian National Petroleum Corporation, NNPC.

Scarcity: NNPC to check sharp practices

Scarcity: NNPC to check sharp practices

The Nigerian National Petroleum Corporation, NNPC, has commenced the publication of a daily petroleum products supply chart to check sharp practices by oil marketers across the country.

Losses from gas-flaring  rise to N122bn

Losses from gas-flaring rise to N122bn

Barring other unforeseen arrangements, Nigeria lost about N122.232 billion ($611.16 million) between January and September 2015, as oil and gas companies flared 203.72 billion cubic feet, bcf, of gas.