Energy

US, fed govt back 20,000bpd oil refinery in Lagos

The construction of a 20,000-barrels-per-day crude oil refinery in Lagos by a Nigerian petrochemical and refining company has received a major boost with the signing of a grant by the United States Trade and Development Agency.

Electricity theft may attract N200,000 in fines

Nigerian Electricity Regulatory Commission is considering a request by one of the existing 11 power distribution companies to increase the penalty for electricity theft from N50,000 to N200,000.

Protesters occupy Shell plant in Nigeria

Hundreds of protesters have occupied a Nigerian oil facility owned by Anglo-Dutch oil giant Shell, demanding that a local company take over its operations, a community leader said Saturday.

Chinese banks to commit $250m to NNPC’s Ajaokuta-Kano gas line

The Nigerian National Petroleum Corporation (NNPC), yesterday disclosed that its Ajaokuta-Abuja-Kaduna-Kano gas pipeline project, often called the AKK Pipeline Project, would receive a funding boost worth $250 million from Chinese banks.

Shell denies allegation of neglect as youths occupy flow station

Shell has denied allegations of neglect levied against it by some members of Kula, Belema communities in Akukutoru local government area, stressing that it had continued to discharge its corporate social responsibilities to communities in the area.

NNPC to expand gas generation, distribution – Baru

The Nigerian National Petroleum Corporation (NNPC) says it has unveiled plans to expand gas generation and distribution in the country to support Federal Government’s plan of generating 10 GigaWatts of electricity.

Power company begins load shedding in Umuahia

He said that the company was allotted only nine per cent of the total energy generated at the national level; “so, our option is to resort to load shedding’’.

Protesters storm Shell crude flow station in Rivers

Hundreds of Nigerian protesters stormed a crude oil flow station owned by Shell in the restive Niger Delta on Friday demanding jobs and infrastructure development, a Reuters witness said.

Kano govt, Dangote sign $150m solar power project

Kano State Government and the Dangote Group, Thursday in Kano, signed a Memorandum of Understanding (MOU) for the proposed construction of a N150 million dollars solar power plant in the state.

Oil climbs to $53 as Saudi Arabia promises further cuts

Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness to cut crude supplies to its prized Asian customers.

DISCO disrtributes150,000 pre-paid meters free

The Port Harcourt Electricity Distribution Company (PHED) said it was currently distributing pre-paid meters free of charge to consumers in Akwa Ibom, Bayelsa, Cross River and Rivers.

Nigeria needs stable power to revive economy – lawyer

Nigeria needs stable and uninterrupted power supply to get out of its current economic challenges, an Ilorin-based legal practitioner, Mr. Kehinde Adekunle has said.

NNPC warns job seekers of recruitment scam

The Nigerian National Petroleum Corporation has again announced that it never inaugurated a recruitment campaign of any kind, as it warned job seekers to avoid being scammed.

Nigeria has lost N11trn to power sector corruption – Don

Nigeria has lost a whooping N11 trillion to corruption in the power sector since 1999, a university lecturer, Dr Yemi Oke, said on Wednesday in Lagos.

Agencies agree on oil revenue management, governance

Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office.

IBEDC to distribute prepaid meters in Kwara soon

The Ibadan Electricity Distribution Company (IBEDC) says it will soon commence the free distribution of prepaid meters to electricity consumers in Kwara State.

Chevron wins multiple awards at SPE’s international conference, exhibition

Chevron Nigeria Limited on Wednesday lauded its team for winning multiple awards at this year’s Nigeria Annual International Conference and Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) in Lagos.

States forfeit $250m NLNG dividends – NSIA

The Nigeria Sovereign Investment Authority, NSIA, yesterday, disclosed that the 36 states of the federation forfeited their share of the 2016 dividends of the Nigerian Liquefied Natural Gas, NLNG, for reinvestment purposes.

Recent Stories

Seventy-five members of the Boko Haram and Islamic State West Africa Province (ISWAP) terrorist groups have been killed by the military across the North East in the last six weeks.

Troops raid terrorists’ hideouts, eliminate five in Borno

Troops of Operation Fire Ball have eliminated five Boko Haram (BHT)/ISWAP terrorists and recovered a cache of arms and ammunition as well as bags of assorted grains in recent attacks on their hideouts in Borno.
Briefing State House Correspondents on Wednesday after the virtual FEC meeting presided over by President Muhammadu Buhari at the Aso Rock Presidential Villa, Abuja, the Minister of Works and Housing, Babatunde Fasola, and Special Adviser to the President on Media and Publicity, Mr Femi Adesina, gave breakdowns of the approvals.

President Buhari condemns ‘insane’ killing of farmers by Boko Haram in Borno

President Muhammadu Buhari has expressed grief over the killing of farmers on rice fields at Zabarmari in Jere Local Government of Borno, describing the terrorist killings as insane.
The Bible Society of Nigeria (BSN) on has announced the appointment of Pastor Samuel Sanusi as its new General Secretary- Chief Executive Officer-Designate.

Bible Society appoints new CEO-designate

The Bible Society of Nigeria (BSN) on has announced the appointment of Pastor Samuel Sanusi as its new General Secretary/ Chief Executive Officer-Designate.
Kidnap

I paid N3 million ransom before I was freed by kidnappers – doctor

Azubuike Iheanacho, the medical doctor that was kidnapped in Dekina Local Government Area of Kogi State, has revealed that he had to pay a ransom before the abductors freed him.
The International Table Tennis Federation (ITTF) Men’s World Cup served off its first spins on Friday, November 13 and there was a shocking loss for Nigeria’s best table tennis player, Quadri Aruna, who was beaten by Slovenian Darko Jorgic.

Aruna Quadri records third league victory with TTC in German Bundesliga

Aruna Quadri returned to winning ways with TTC RhönSprudel Fulda-Maberzell (TTC) in the Table Tennis Bundesliga as the Nigerian was instrumental to his team’s 3-1 win over TTC OE Bad Homburg at the weekend.