The government in Edo says it has supplied 780,000 litres of petrol as part of efforts to address the scarcity of petrol in the state. It also said it had set up of a task force to monitor the product’s…
The Nigerian National Petroleum Company (NNPC) Limited said it has ended its production sharing contract (PSC) relationship with China-based Addax Petroleum. The NNPC made the announcement via its official Twitter account on Tuesday, January 31. NNPC Group Chief Executive Officer,…
The Nigerian Content Development and Monitoring Board (NCDMB), has restated its readiness to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources. The…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reported that their findings showed that the price of Premium Motor Spirit, commonly known as petrol, had increased as high as N350/litre in some places. It said this…
The Ikeja Electric Plc (IE), has ensured reconnection of FrieslandCampina WAMCO Nigeria Plc after over two decades of using alternative sources of power. According to the Acting Head of Corporate Communications Ikeja Electric, Kingsley Okotie, the reconnection of FrieslandCampina back…
Egbin Power Plc, in collaboration with Sahara Foundation, has commissioned the newly revamped Ijede Police Station in Ijede community, Ikorodu, Lagos State, to improve security and deepen sustainability. Mr Mokhtar Bounour, Chief Executive Officer, Egbin Power Plc, said this in…
The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N3,594.81 in December 2021 to N4,565.56 in December 2022. This is contained in the Bureau’s “Cooking Gas Price Watch’’ for December 2022 released…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) during the weekend attributed the lingering fuel scarcity in the country to a disruption in the product distribution chain caused by activities of cross-border smugglers. In a statement on Friday, the…
…City seeks to transform into nation’s solar state By Garba Shehu For an electricity distribution area, Kano Electricity Distribution Company (KEDCO) that gets between 250-360 Megawatts, on a day by day basis, many will dismiss the commissioning of the 10MW,…
The National Association of Road Transport Owners, NARTO, has warned its members against involvement in diversion of petroleum products. NARTO President, Yusuf Othman, gave the warning in Abuja in reaction to the lingering fuel crisis in the country. Advising members…
