The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN), says accessing foreign exchange at official rate was a serious challenge to marketers. DAPPMAN’s Chairman, Mrs Winifred Akpani said this at a news conference in Lagos on Tuesday. Akpani called on…
Many motorists in the Federal Capital Territory (FCT), have decried the lingering fuel scarcity being witnessed in the territory and environs. The motorists said that the situation which had lingered for more than four weeks was causing hardship. it has…
The Rural Electrification Agency (REA) says it has signed 267 agreements worth about $395 million to provide electricity to unserved and underserved Nigerians under the Nigeria Electrification Projects. The Managing Director, Mr Salihijo Ahmad, told journalists in Abuja on Monday…
Mrs Evelyn Ngige, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, on Monday said the President Muhammadu Buhari administration was working hard to diversify the Nigerian economy from over-dependence on oil and gas. Ngige stated this during the…
Glencore, a United Kingdom commodities firm has been directed to pay more than $313 million within 30 days to a UK Court for using bribes to secure its oil profits in Nigeria and four other African countries. The order came…
On Monday, the NAOC Joint Venture (JV) made up of Oando PLC, Agip and the Nigerian Petroleum Development Company Ltd (NPDC), delivered food and essential commodities to 260 communities affected by flood in Rivers Bayelsa, Delta and Imo states. As…
By Ibiyemi Mathew The new edition of Ericsson’s Breaking the Energy Curve report has offered means on how communications service providers (CSPs) can become deploy 5G in an energy-efficient, sustainable, and cost-effective way. 5G has been deployed globally in more…
Power generation on the national grid increased by 834.8 megawatts between Monday and Wednesday morning, hitting a high of 4,863.7mw at 6am on Wednesday. Data obtained from the Abuja headquarters of the Federal Ministry of Power showed that the grid…
The Federal Government has opened a bid for the concession of the 700-megawatt Zungeru Hydropower Project Plant, located 77km downstream of the Shiroro Hydropower Project in Niger State. In October 2022, the Bureau of Public Enterprises (BPE) released a final…
The Senate Committee on Power has summoned Minister of Finance, Zainab Ahmed, over N147 billion included in the capital project of the Ministry of Power. The Chairman of the Committee, Senator Gabriel Suswam, who invited the Minister during the budget…
