Energy

MDAs owe EKEDC over N42bn — MD

Eko Electricity Distribution Company (EKEDC) has disclosed that Ministries, Departments and Agencies owed the DisCo over N42 billion to date. The Chief Executive Officer, EKEDC, Dr Tinuade Sanda disclosed this during a customer engagement forum organised by the company on Thursday…

Regulation: NMDPRA, NUPRC fight for control of oil industry

By Ibiyemi Mathew Following the ambiguity in the Petroleum Industry Act (PIA) to clearly spell out the roles of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) without conflicting, both agencies have been in…

NNPCL targets 1.8mbpd oil production by Q4 2023

The Nigeria National Petroleum Company Limited (NNPCL) has said it is projecting Nigeria’s oil production to hit 1.8 million barrels per day by the fourth quarter of this year. The Executive Vice President, Upstream, NNPCL Engr. Adokiye Tombomieye attributed the projections…

IBEDC announces prepaid meter upgrade

The Ibadan Electricity Distribution Company (IBEDC) Plc. has announced upcoming upgrade of its Standard Transfer Specification (STS) prepaid meters to enhance efficiency that aligns with global standards. The upgrade known as Token Identification (TID) Rollover aims to ensure continued seamless…