Assent to PIB by Buhari will end petrol subsidy- Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva has announced that the assent of the Petroleum Industry Bill by President Muhammadu Buhari...
Power generation in Nigeria drops by 3,000MW
Nigeria's power generation companies has declared that the country’s available electricity capacity had dropped by about 3,000 megawatts.
The Executive Secretary, Association of Power Generation...
Over $1bn saved importing petroleum products- NNPC
The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has announced that the oil firm saved over $1bn of the cost of importing...
N30bn Spent On Electricity Subsidy Per Month-FG
The amount spent on subsidising electricity every month in Nigeria is now about N30bn, the Federal Government has said.
It disclosed that the government’s subsidy...
Total Becomes TotalEnergies
Total announced a name change to TotalEnergies in compliance with the resolution made at its recent Ordinary and extraordinary shareholders’ meeting.
The company stated that...
House of Reps to invite Buhari as NNPC Boss shuns summons
The House of Representatives Committee on Petroleum (Upstream) has revealed that it would be forced to invite President Muhammadu Buhari, if the Group Managing...
FG to increase electricity tariff in July
Despite the improving revenue in the power sector, the federal government is set to effect another tariff increase on July 1, following a notice...
Transcorp steps up presence in power, petroleum sectors
Transnational Corporation of Nigeria Plc, Transcorp, has announced that it has stepped up its presence in the nation’s power and petroleum sectors.
This was disclosed...
Twelve power plants suffer from gas constraints
The Nigerian Electricity System Operator has announced that twelve power plants in Nigeria could not generate 1,609.9 megawatts of their total installed capacity on...
Transparency: NNPC, NEITI To Collaborate
Photo Caption
L-R: Executive Secretary of NEITI, Dr. Orji Ogbonaya Orji and Group Managing Director of the NNPC, Mallam Mele Kyari, during the visit
The Nigerian...
