Electricity subsidy cost N540bn in 2019- NERC
The Nigerian Electricity Regulatory Commission has revealed that the Federal Government spent N540bn subsidising electricity in 2019, stressing the need to put an end...
NDPHC set to increase power supply to industries
Niger Delta Power Holding Company (NDPHC) has revealed that it is ready to install infrastructure to increase power supply to industrial clusters in Lagos...
We will resist planned sack of 600 Chevron workers- PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has revealed that it will resist the planned retrenchment of 600 workers by...
Chevron Nigeria to reduce workforce by 25%
Chevron Nigeria Limited (CNL) has announced that it will slash its workforce by 25 per cent as it is reviewing its manpower requirements in...
Discos follows NERC directive, suspends electricity tariffs
Power distribution companies have begun to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the September 1, 2020 tariff increase.
The...
Shell to cut 9,000 jobs as oil output drops
Shell has revealed that its volumes of both Liquefied Natural Gas and crude production were down in the third quarter.
The oil corporation also disclosed...
We are focusing on domestic gas growth- NNPC GMD
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has revealed that the corporation is focusing on the growth of Nigeria’s domestic...
NERC suspends electricity tariff hike for 14 days
The Nigerian Electricity Regulatory Commission (NERC) has issued an order for the suspension of the September 1, 2020 hike in electricity tariffs for 14...
Buhari sends PIB to NASS, to scrap NNPC, PPPRA
President Muhammadu Buhari has sent the Petroleum Industry Bill 2020 to the National Assembly and has proposed the creation of the Nigerian National Petroleum...
IPMAN directs members to shun NLC strike, protest
The National Executive Council of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members not to partake in the planned strike...