The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021. The mini-bid round is an opportunity to spur new oil exploration and drilling activities in the prospective…
The Minister of State for Petroleum Resources, Mr Timipre Sylva says the Federal Government is committed to eradicating smuggling of Premium Motor Spirit (PMS). This, according to him, is to ensure energy sufficiency in Nigeria. Sylva, who said this at…
Transportation fare has quadrupled in Port Harcourt, the Rivers State capital due to the geometric hike in the pump price of Premium Motor Spirit commonly known as petrol. Intercity transport fare such as Port Harcourt to Owerri a distance of…
The Federal Government on Monday projected that by the first quarter of 2024 Nigeria will put an end to the importation of petroleum products into the country. The Minister of state Petroleum Resources, Timipre Sylva said by the first quarter…
Nigerian mini-grid player, Husk Power Systems, has secured the sum of $750,000 in funding for solar mini-grid projects in Nasarawa State. Disclosing this in a statement to newsmen, the company said the loan was made available by Germany’s development finance…
By Adenike Agunsoye The Lagos Chamber of Commerce and Industry (LCCI), in recognition of the potential impact of the 2022 Finance Bill on the operations of members operating in various sectors of the economy, has reviewed that recent statistics reveal…
The Management of the Benin Electricity Distribution Company Plc. (BEDC) says it has employed 11 aggregators,10,000 billing and payment agents to serve customers across Edo, Delta, Ondo State and Ekiti. BEDC’s Managing Director Henry Ajagbawa made this known during an…
September 1 2004, was like any other Wednesday in the Niger Delta. But it was strikingly different for one man and his company. The man walked into his office in Port Harcourt and took his seat, and Nigerians rose to…
By Ogaga Ariemu The Transmission Company of Nigeria, (TCN) on Thursday took delivery of two number brand new 150 MVA, 330/132/33kV power transformers and accessories at its Central Store Ojo, Lagos State. This was contained in a statement signed by…
Femi Adeshina, The Special Adviser on Media and Publicity to Presidential Muhammadu Buhari has given reasons why fuel subsidy cant be removed. Recall that the Minister of Finance Budget and National Planning Dr Zainab Shamsuna Ahmed has disclosed that the…
