FG can no longer bear electricity tariff shortfalls – Buhari
President Muhammadu Buhari has said the tariff shortfalls in the power sector being borne by the Federal Government are no…
FG hands over N105.3bn power plant to Transcorp
The Federal Government on Thursday handed over the N105.3bn Afam Power Plant to Transcorp Power Consortium based on the approval…
Refineries gulped N81.41bn, refined zero crude – NNPC
A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no…
NERC chief, James Momoh, begs Buhari to allow him finish his tenure
The chairman of the Nigerian Electricity Regulatory Commission (NERC), James Momoh, has appealed to President Muhammadu Buhari to allow him…
Eko Disco begins mass meter deployment
AS the Federal Government / Discos Mass Metering programme (NMMP) kicked-off at the weekend, Eko Electricity Distribution Company (EKEDC), has…
Nigeria produces 155m bbls of oil in three months
Amidst dwindling oil revenue occasioned by the coronavirus pandemic, Nigeria produced 155,062,220 barrels of crude oil and condensate for the…
Nigeria loses N343bn as oil firms flare 265bcf of gas in 9 months
Despite Nigeria’s struggle with declining revenue, poor power supply and environmental degradation, oil and gas firms operating in the country…
New consortium to finance prepaid electricity meter roll-out in the Nigerian power sector
A new consortium made up of New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for…
FG, Transcorp’s Afam plant deal to add 966MW generation
The Federal Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium in relation to Afam…
New consortium to finance prepaid electricity meter roll-out in the Nigerian power sector
A new consortium made up of New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for…