The Federal Government said it will provide about 203KM high voltage transmission lines and six high voltage substations in selected communities in Ogun and Lagos States. The project will be facilitated with a $200 million loan which the Federal Government…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it is discussing with the Nigerian National Petroleum Corporation Ltd (NNPC) and stakeholders on imported substandard Premium Motor Spirit (PMS). Elder Chinedu Okoronkwo, National President, IPMAN, disclosed this on Tuesday in…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria currently has 20 days sufficiency of Premium Motor Spirit (PMS) hence there is no need for panic buying by the public. The downstream petroleum regulatory agency said it was…
Nigeria has witnessed the highest increase in the price of crude oil, a percentage said to be the highest of its kind in the last seven years. Due to the development, there is a prospect the country could make sixty-six…
The Nigerian Gas Association (NGA) has called for the deregulation of the gas value chain in the country to encourage more investments in the sector. Speaking recently during a program monitored by our correspondent, ‘Moneyline with Nancy’ on African Independent…
The Executive Director of the Rural Electrification Funds, Rural Electrification Agency(REA), Dr Sanusi Ohiare has urged the youths of Nigeria to take charge and engage in the leadership, governance and political structure of Nigeria. He gave this charge in his…
The global oil major has announced a significant oil discovery in the offshore Graff-1 well in Namibia, reaffirming the hydrocarbon potential of Namibia. “H.E. Tom Alweendo, the Minister of Mines and Energy, Petroleum Commission, Namcor and other Namibian authorities have…
EKO Electricity Distribution Company (EKEDC) has launched Energy clubs in selected schools within its network to encourage young girls to take opportunities in the power sector. The clubs are expected to promote the interest of female students in Science, Technology,…
…Launches new business unit The Chairman, Ikeja Electric (IE), Mr. Kola Adesina, has assured of the company’s commitment to achieving 24-hour electricity supply. Adesina spoke at the unveiling of IE’s Shomolu Business Unit office, Lagos. Speaking on the sidelines at…
By Uthman Salami The Bureau of Public Enterprises (BPE) has listed the Aluminium Smelter Company of Nigeria (ALSCON) and Olorunsogo II Power Plant among 42 transactions to be undertaken this year. The Head, Public Communications of the agency, Mr. Ibe…
