Sunday, January 12, 2025
FG to resume oil exploration in Lake Chad Basin

Gas: Vehicle, generators conversion to begin from October- FG

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The Minister of State for Petroleum Resources, Timipre Sylva, has revealed that the Federal Government will from October start converting the cars and generators...
NNPC increases petrol depot price to N151.56

Local refineries will not lead to lower cost of petrol- FG

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The Federal Government has revealed that Dangote refinery might not lead to a significant reduction in the price of petrol as the refinery will...
Petrol supply declined by 23.88% in July- NNPC

NNPC to set up gas refill stations across Nigeria

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The Nigerian National Petroleum Corporation (NNPC) has revealed that it will soon begin activation of Compressed Natural Gas refill stations for motorists across the...
NDPHC set to increase power supply to industries

FG to fund electricity tariff shortfall of N104.5bn- NERC

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The Nigerian Electricity Regulatory Commission (NERC) has revealed that the Federal Government will fund the tariff shortfall of N104.5bn that will be posted by...
Buhari directs release of mass transit buses

Buhari inaugurates special committee on power

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President Muhammadu Buhari has inaugurated the Special Purpose Vehicle for Presidential Power Initiate to assist the government in improving the delivery of power in...
Power generation hits another all-time peak of 5,520.4MW

Discos to pay for rejected electricity- NERC

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The Nigerian Electricity Regulatory Commission has revealed that the power distribution companies (Discos) will be responsible for the capacity charge even with failure to...
Power intervention fund jumps to N2.9trn

Angry youths shut down Afam power plant again

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The Afam Power Plant owned by the Transmission Company of Nigeria was occupied by angry youths of Oyigbo Local Government Area of Rivers State, on Wednesday,...
Malabu Oil Scam: FG demand $1.09bn for damages

Malabu Oil Scam: FG demand $1.09bn for damages

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The Federal Government has asked a Milan court to order Eni and Royal Dutch Shell to pay $1.09bn as an immediate advance payment for...
30% of Nigeria's petrol smuggled out- Oil marketers

30% of Nigeria’s petrol smuggled out- Oil marketers

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The Major Oil Marketers Association of Nigeria has disclosed that the absence of subsidies in neighbouring countries created the incentive to smuggle about 30...
Pipeline repair, management cost N41.98bn in six months- NNPC

Pipeline repair, management cost N41.98bn in six months- NNPC

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The Nigerian National Petroleum Corporation has revealed that it spent N41.98bn on pipeline repairs and management cost in the first half of this year. The...