FG TO SPEND N204BN ON POWER PROJECTS, SALARIES
The Federal Government will spend N204.4 billion on projects and salaries for agencies and the Federal Ministry of Power in 2021. According to the b...
Power Sector News
EKEDC DENIES ALLEGED ROLE IN LEKKI TOLL GATE POWER OUTAGE
The Eko Electricity Distribution Company (EKEDC) yesterday debunked news making rounds that it removed supply from the Admiralty Toll Plaza on Lekki ...
OIL & GAS FIRMS RAISE N400BN FROM CAPITAL MARKET, SAYS NSE CEO
Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock Exchange (NSE) platform in re...
DISCOS, CONSUMERS BICKER OVER NON- IMPLEMENTATION OF SUSPENSION OF NEW TARIFF
Electricity distribution companies and power consumers in Nigeria have bickered over alleged non-implementation of the recent two weeks suspension of...
RIVERS YOUTHS DISRUPT NPA, OIL, GAS ZONE OPERATIONS
National assets and operations at the Nigerian Ports Authority, including the Onne oil and gas free zone in Eleme local government area of Rivers Sta...
NNPC: NIGERIA’S OIL DEPOSIT DOWN BY 2.16% TO 36 BARRELS
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the volume of oil deposits Nigeria holds declined by 2.16 per cent between 2018...
BUHARI SEEKS GARBA’S CONFIRMATION AS NERC CHAIRMAN
The President, Major General Muhammadu Buhari (retd.), on Tuesday asked the Senate to confirm Sanusi Garba as Executive Chairman of the Nigeria Elect...
ANY OPTION FOR POWER PRIVATISATION?
There is currently a massive outcry for the Federal Government to quickly revoke the Privatization Policy of the Power Sector. First, is the persist...
ADESINA: ELECTRICITY MUST BE CORRECTLY PRICED TO ATTRACT INVESTMENTS IN POWER SECTOR
The Group Managing Director of Sahara Power Group and Chairman of Ikeja Electric Plc, Mr. Kola Adesina in this interview, sheds light on the investme...
NNPC, NRC IN TALKS OVER MOVEMENT OF TOOLS FOR AKK PROJECT
The Managing Director and Chief Executive Officer of Nigerian Railway Corporation (NRC), Engr. Fidet Okhiria, weekend disclosed that the Nigerian Nat...