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...
Seplat driving sustainability with growing gas business-CEO
Seplat Petroleum Development Company Plc, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.
Mr. Roger Brown, Chief Executive...
NNPC To Boost Power Generation
The Nigerian National Petroleum Corporation (NNPC) has announced plans to boost power generation with additional 5,000 megawatts of electricity to the national power grid...
Reps begins investigation into Ajaokuta gas project
The House of Representatives has begun an investigation on the alleged breach of Nigeria’s laws on local content in the execution of the Federal...
