NNPC records trading deficit of N9.5Bn in March
The Nigerian National Petroleum Corporation has announced a trading deficit of N9.53bn for March 2020, which is recorded as the corporation’s first operational loss...
Coronavirus: Sylva Hands Over Ambulances to SGF
… NNPC Announces Additional N10billion Petroleum Industry Donation to Fight Pandemic
By Ignatius Ushie.
Chief Timipre Sylva, the Minister of State for Petroleum Resources, has handed...
Discos to pay for rejected electricity load- NERC
The Nigerian Electricity Regulatory Commission has announced that power distribution companies (Discos) that reject electricity load due to constraints in their networks will now...
NERC to unbundle Transmission Company of Nigeria to two firms
The Nigerian Electricity Regulatory Commission (NERC) is consulting stakeholders as it plans to unbundle the Transmission Company of Nigeria (TCN) into two entities.
The TCN...
NIPCO committed to promote Gas-powered Vehicles in Nigeria
The Nigerian Independent Petroleum Company (NIPCO) Plc has expressed its commitment to ensuring that more vehicles run on gas in Nigeria to improve efficiency...
PENGASSAN To Buhari:Sign Energy Commission Amendment Bill Before You Leave
The Petroleum and Natural Gas Senior Staff Association of Nigeria, on Friday, appealed to the President, Muhammadu Buhari, to as a matter of urgency,...
‘Goodyear Lubricants, under the license from Goodyear Tire & Rubber co, USA, to launch...
At the recently held West Africa Auto Show (WAAS), Ignatius Ushie and Goodness Sunday interviewed Mr. Sunil Khanchandani, the Managing Director of Alonsa Electric...
Nigeria's power plants reports reduced output levels due to gas shortage
Nigeria's biggest power plant, Egbin, and 10 others had their output levels reduced by gas constraints on Monday.
The other plants were Omotosho, Olorunsogo, Delta,...
NLC holds its grounds, insists on N15 per Kilowatt-hour
The Nigeria Labour Congress has insisted that the Federal Government must implement the agreement to reduce electricity tariffs by N15 per kilowatt-hour by December.
The...
NBET owe GenCos N119.5Bn for power in three months
The Nigeria Bulk Electricity Trading Plc (NBET) has reportedly failed to pay a total of N119.55bn to 25 power producers in the first three...
