Indications have emerged that the Nigerian National Petroleum Company (NNPC) Limited has commenced the process of paying the $6.8 billion debt owed to suppliers. The Minister Of Finance and Coordinating Minister Of The Economy, Wale Edun dropped this indication during…
Oando Plc has announced the appointment of Ademola Ogunbanjo as the President and CEO of its subsidiary, Oando Clean Energy Limited (OCEL), marking a new chapter in the company’s drive toward sustainable energy solutions across Nigeria and Africa. This leadership…
The Transmission Company of Nigeria (TCN), has said that repairs will commence on the Ugwuaji–Apir 330 Kilo-Volt (KV) Double Circuit transmission line Thursday following discovery of a fault at the Igumale area of Benue. The company said that a team…
A helicopter operated by East Winds Aviation that crashed on Thursday in Port Harcourt, Rivers State had in it personnel of the Nigerian National Petroleum Company (NNPC) Limited. In an official statement, NNPC spokesman Olufemi Soneye confirmed that the helicopter…
The House of Representatives has resolved to investigate the frequent collapse of the national grid. The national grid collapsed three times last week to bring the system disturbance to eight this year. This followed the adoption of a motion of…
Minister of Power, Mr Adebayo Adelabu, has constituted a six-member Committee to advise the Federal Government on necessary solutions to make the national grid robust and reliable. The Special Adviser, Strategic Communication and Media Relations to the Minister of Power,…
President Bola Tinubu has appreciated NIPCO for investing in Nigeria’s Compressed Natural Gas (CNG) sector during a meeting with the company’s executives at the State House in Abuja. The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its…
The Enugu Electricity Distribution Company (EEDC), on Tuesday, halted operations in the state as the Enugu State Electricity Regulatory Commission (EERC) assumed full electricity regulation in the state. The historic move followed the expiration of the transition period for the…
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has expressed deep concern over the continuous increase in the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas in the country. Recall that in a bold move…
The Dangote Petroleum Refinery and Petrochemicals FZE has prayed a Federal High Court in Abuja to nullify import licences issued to the Nigeria National Petroleum Corporation Limited (NNPC) and five other companies for the purpose of importing refined petroleum products.…
