Energy

Don’t blame meter manufacturers for product shortage – Nwangwu

Mr Chisom Nwangwu, Managing Director of Sebrud Consortiums, an indigenous Meter Manufacturing Company, says the prepaid meter producers in Nigeria were not to be blamed for the shortage of the product for electricity consumers in Nigeria.

Shell involved in Nigeria abuses in 1990s – Amnesty

Amnesty International has obtained internal documents pointing to complicity by Royal Dutch Shell in crimes committed by the Nigerian military during the 1990s.

Senate wants Kaduna power plant inauguration suspended‎

The Senate Joint Committee on Gas and Power, Steel Development and Metallurgy on Monday demanded the suspension of the inauguration of the 215MW Kaduna Power Plant following a disagreement with the Ministry of Power, Works and Housing over its plan to run the plant on diesel.

Nigera’s oil revenue exceeds 2017 benchmark by 18 per cent – NNPC

The Nigerian National Petroleum Corporation (NNPC) says oil revenue in the first ten months of the year exceeded the 2017 budget oil benchmark of $44.50 per barrel by 18 per cent.

Electricity tariff hike inevitable – VP Yemi Osinbajo

The Vice President, Prof. Yemi Osinbajo (SAN), has said an increase in electricity tariff was inevitable.

China, US to drive higher oil demand in 2018

Chinese and U.S. demand for petrochemicals will drive the global demand for oil next year, expert said on Monday at the three-day Gulf Petrochemical and Chemical Association Forum.

NNPC to decide on core investor for Benue bio-fuel project

The Nigerian National Petroleum Corporation (NNPC) says it has almost concluded discussion on the choice of a core investor for the proposed bio-fuel plant in Benue.

Federal govt, firm sign power purchase agreement on 40mw

The Federal Government has signed Power Purchase Agreement (PPA) with Mabon Nigeria Limited, which is currently executing 40 megawatts hydro-power project.

NNPC to select core investor for Benue bio-fuel project

The Nigerian National Petroleum Corporation (NNPC) is set to conclude on the choice of a core investor for the proposed Bio-fuel plant in Agasha Guma area of Benue State.

TCN secures World Bank’s $406m for grid expansion across Nigeria

The Transmission Company of Nigeria (TCN) at the weekend disclosed that it was able to secure a sum of $406 million from the World Bank for execution of transmission expansion projects across the country.

Ikeja Electric bags ISO 9001, OHSAS 18001 certification

Ikeja Electric Plc has emerged as the first company in the power sector to be conferred with the ISO 9001 and OHSAS 18001 International Certification, as a mark of its commitment to safety, and quality management of materials and resources.

NNPC partners Kebbi to build ethanol factory

The Nigerian National Petroleum Company, NNPC, has signed a Memorandum of Understanding, MoU, with the Kebbi State Government to build an 84 million-litres per annum capacity ethanol fuel factory.

Total moves to reduce boats mishaps, trains boat operators on safety

In a bid to reduce boat accidents in Nigeria, Total upstream weekend commenced training of boat operators in Nigeria, emphasizing on safety and briefing of passengers before boarding vessels.

Elon Musk wins $50m bet with giant battery for South Australia

Elon Musk has managed to win a $50m bet by building the world's largest ever lithium-ion battery.

DPR license doesn’t permit fuel tankers to occupy roads – Mordecai Ladan

The Department of Petroleum Resources, DPR, has disassociated itself from the continued illegal occupation of roads by tanker drivers in Apapa and its environs, adding that their license does not permit them to obstruct the roads.

Refineries won’t work despite federal govt’s spending – marketers

Oil marketers on Thursday declared that the country’s refineries would not work as expected despite the billions of dollars being spent by the Federal Government on rehabilitating the facilities.

Don’t blame us for high electricity bills – meter firm

An indigenous smart pre-paid meters manufacturer, Mojec International Limited, has denied responsibility for high electricity bills, saying that tariffs lie within the purview of distribution companies (DISCOs).

New regulation threatens N466 billion power sector loans

The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).

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Punch and its sinister motives for attacks on President Buhari

The reported new editorial policy of the Punch Newspapers to address President Muhammadu Buhari as Major General in his official title and refer to his government as a regime instead of administration, comes to us as totally curious and utterly incredible.

FAAN denies banning Uber, Bolt at airports

The Management of Federal Airports Authority of Nigeria said it did not ban Uber, Bolt and others at Lagos and other airports in the country.

Cleric: Hate Speech, social media bills misplaced priority

The Hate Speech and social media bills being proposed by the National Assembly has been described as a misplaced priority, considering other pressing needs of Nigerians.
Senate President Ahmed Lawan 2

Senate raises concerns on mounting unemployment in the country

The Senate on Wednesday waded into the issue of unemployment in the country and recommended solutions to the executive arm of government for adoption and implementation.
Oghenekaro Etebo

Oghenekaro Etebo left out of Stoke City’s matchday squad again

Super Eagles midfielder Oghenekaro Etebo was not included in the Stoke City’s squad for their Championship clash against Luton town on Tuesday.