The Federal Government will complete the concession of the $1.3bn Zungeru Hydroelectric Power Plant by March next year and will commence operations by the second quarter of the same year. This follows the recent flagging off of the bid process…
TotalEnergies Marketing Nigeria Plc is targeting to generate N85.97 billion worth of revenue during the first quarter of 2023. This is contained in its Q1 2023 earnings forecast released via the Nigerian Exchange (NGX) and seen by journalists. The company…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said its members would not embark on a nationwide strike as being speculated. IPMAN’s National Operations Controller, Mr Mike Osatuyi gave the assurance in an interview with journalists in Lagos. Osatuyi…
Financial constraints have been identified as a major challenge hindering exports in Nigeria. A new report on Trade Financing in Nigeria, has revealed that 94 per cent of exporters experienced rejection of their financing requests by Nigerian banks, thereby making…
The Nigerian Content Development Monitoring Board (NCDMB) has sought the support of the Nigerian media and gas stakeholders to attract investments that would drive the gas utilisation policy of the Federal Government. The policy targets gas as the transition energy.…
…Says NDPHC projects aid improvement in electricity supply Media practitioners in the country have been enjoined to be objective in reporting and present their subjects in a professional manner that it could proffer solutions to societal problems. An astute Media/Public…
The Minister of Power, Abubakar Aliyu says that the President Muhammadu Buhari led administration will bequeath about 22,000 megawatts installed capacity of electricity by 2023. He said this at the Presidential Score Card of the Ministry of Power in Abuja.…
The Minister of Power Engr. Abubakar Aliyu has revealed that the 1,650mw Makurdi Hydro Power Plant (MHPP) when completed would not only address the energy shortfall in the country, but also mitigate flooding./ Speaking at the inauguration of the Project Steering Committee (PSC) for…
The Federal Government said a total of 105 Power Transformer projects were completed between 2015 to 2022, adding a capacity of 6,216MVA to the national grid. The Minister of Power, Abubakar Aliyu disclosed this on Tuesday in Abuja at the…
The Minister of Power, Abubakar Aliyu, says the ongoing US$ 2 billion electricity grid maintenance, expansion and rehabilitation programme across the country are estimated to create 45,000 direct and indirect jobs. The minister disclosed this on Tuesday in Abuja at…
