Power generation reach new record of 5,377MW- TCN
The power sector has recorded a peak generation of 5,377 megawatts, the Transmission Company of Nigeria has said.
It disclosed this in a tweet via...
Oil spill devastate 20 communities in Rivers
An oil spill from a facility belonging to Nigeria Agip Oil Company has devastated about 20 communities in Ogba-Egbema-Ndoni Local Government Area of Rivers...
Refineries to become operational in 2023- NNPC
The Nigerian National Petroleum Corporation (NNPC) has announced a new target date of mid-2023 to get the country’s refineries functional.
Nigeria’s refineries in Warri, Port...
Power plants output drops due to gas shortage
Nigeria’s biggest power plant, Egbin, and nine other plants have witnessed their power output drop due to gas shortage.
The total power generation in the...
NNPC signs $1.5bn oil prepayment deal with traders
The Nigerian National Petroleum Corporation (NNPC) has reportedly signed a $1.5bn prepayment deal which was led by Standard Chartered and backed by two oil...
NBET fails to pay GenCos N181.39bn
The payment to power generation companies for the electricity produced and fed into the national grid has reportedly slumped to 14.55 per cent.
The Nigeria...
Electricity meter deployment slows down, customers complain
Meter deployment by distribution companies has decreased, leaving electricity consumers in the country disappointed in the metering scheme introduced by the Federal Government last...
Nigeria supplied $81.48bn electricity to Niger, Togo, Benin
Nigeria has supplied three neighbouring countries a total amount of electricity worth $81.48bn from Nigeria in the last two years.
An analysis of data obtained...
Discos revenue collection hit N127bn in first three months
The power distribution companies in the country have disclosed that their revenue collection increased by a record 10% to N127bn in the first three...
DPR seals illegal retail gas outlets in Kogi
Officials of the Department of Petroleum Resources (DPR) has sealed off 15 retail gas outlets for illegal dealings.
The operators of the outlets were subsequently...
