Some financial analysts have urged the Federal Government to harness opportunities in the non-oil sector to enhance the nation’s revenue and discourage the need for more borrowings by the country. They said this in separate interviews on Friday in Lagos.…
Nigeria LNG Limited (NLNG) has said that it production capacity can supply about 400,000 tons per annum, expressed commitment to supply all its Liquified Petroleum Gas (LPG) production (butane and propane) to the Nigerian domestic market despite feedgas and market…
By Umar Akilu Majeri Dutse The World Academy of Science (TWAS) based in Italy and the African Academy of Science based in Nairobi, Kenya have given the Federal University Dutse a grant of N200 million to carry out research on…
…NNPCL to deploy 740 LGP Micro-Distribution Centre in next three years By Gloria Akudoro, Abuja. The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mallam Mele Kyari has said the company is working with the office of Vice President…
By Ogaga Ariemu The presidential candidate of the Labour Party(LP), Peter Obi, has said that national grid collapse will be a thing of the past under his watch if elected as President in 2023 forthcoming election. The former Governor of…
DisCos has revealed that the payment of previously unpaid bills by electricity users in Nigeria in the first half of 2022 has pushed revenue in the country to the highest level in eight years, despite a decline in the total…
As big banks wind down hydrocarbon investment, some private equity firms that back oil and gas investments are recording an upward trajectory in the role they plan in the global energy business; a development Nigeria might miss due to multiple…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it is verifying and reconciling revenue collections in the Solid Minerals Sector of the economy. The Federal Commissioner, RMAFC, Chief Tokunbo Ajasin, stated this at a strategic meeting on the Commission’s…
Abuja Electricity Distribution Company (AEDC) has attributed the power outage currently being experienced within its franchise area to system failure from the national grid. The company’s management, in a statement issued on Monday, said that the system collapsed at about…
Kano Electricity Distribution Company (KEDCO) has warned customers against engaging in meter bypass and illegal connections in its Kano franchise. The warning is contained in a statement issued by KEDCO’s Deputy General Manager, Corporate Communications, Ibrahim Sani-Shawai, on Monday in…
