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...
Senate to assemble legal experts to review power deals
The Senate has begun to make moves to protect the country from incurring further financial wastes from the agreements signed by the Federal Government...
We are unable to guarantee the safety of oil workers- Host communities
The Itsekiri host communities have declared that they are unable to guarantee the safety for the newly recruited 1,050 refinery staff of the Nigerian...
Reps launch investigation into oil spill, clean-up projects
The House of Representatives has initiated an investigation into oil spills in the Niger Delta region and clean-up projects started by the Federal Government...
