Saturday, May 18, 2024
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Nigeria spent N1.62tn importing petrol in nine months- NBS

Nigeria spent N1.62tn importing petrol in nine months- NBS

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Data from the National Bureau of Statistics has revealed that Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol)...
FG loses 13.21m-barrels oil worth N603.64bn in 2022

Debt of oil, power firms rise to N5.8tn in Q3- NBS

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The National Bureau of Statistics (NBS) has revealed that the debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in...

Pipeline leakage: NNPC assures residents of safety

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The Nigerian National Petroleum Corporation has assured motorists and residents along the Magboro axis of the Lagos-Ibadan Expressway of safety around the scene of...
Afam Power Plant

Oyigbo youths threaten to stop Transcorp takeover of Afam power plant

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Youths in Oyigbo Local Government Area of Rivers state are protesting the alleged neglect of an agreement the Federal Government reached in 2017 with...
FG signs MOU with private companies to power rural communities with solar

FG signs MOU with private companies to power rural communities with solar

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The Federal Government has announced that it has signed an Output-Based Fund grant Memorandum of Understanding with seven private companies for the deployment of...

Our solar-powered station to power streetlights in Oniru- Ardova

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Ardova Plc, formerly Forte Oil Plc, has announced that its newly-inaugurated solar-powered retail service station at Oniru in Lagos will power the streetlights in...
Senate fo Aerospace and Aeronautics

Senate probes alleged N1.2tn oil revenue loss

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The Senate has constituted a seven-member ad hoc committee to investigate an alleged N1.2tn oil revenue loss to the Federal Government owing to an...
Nigeria spent N1.62tn importing petrol in nine months- NBS

FG inaugurates committee on petrol pricing framework

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The Federal Government has inaugurated a ‘Bipartite Plus Committee’ on the technical framework on the pricing of Premium Motor Spirit popularly known as petrol. This...
New 60MW Dadin Kowa Hydropower plant connected to national grid

New 60MW Dadin Kowa Hydropower plant connected to national grid

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The new Dadin Kowa Hydropower Plant has been connected to the nation's power grid, increasing the number of hydropower plants producing electricity in Nigeria...
Oil Spill in Niger Delta

Fresh oil spill devastates Bayelsa community

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A fresh devastating oil spill has happened around Ogboinbiri in the Apoi clan of Southern Ijaw Local Government Area of Bayelsa State. The people of...