By Uthman Salami The Bureau of Public Enterprises (BPE) disclosed plans to unbundle the Transmission Company of Nigeria (TCN) This was disclosed in a Bloomberg interview with BPE Boss, Alex Okoh, who said the plans would be shared with the…
By Uthman Salami The Lagos Chamber of Commerce and Industry (LCCI) has backed the proposal by the Nigerian National Petroleum Corporation (NNPC) to acquire 20 per cent stake in the Dangote refinery. The Director-General, LCCI, Mr. Muda Yusuf, in a…
The Nigeria Extractive Industry Transparency Initiative (NEITI) says the creation of the National Oil and Gas Excellence Centre (NOGEC) has substantially addressed concerns over the country’s crude production data. Dr Ogbonnaya Orji, Executive Secretary, NEITI, made the disclosure while speaking…
The Kano State Governor, Abdullahi Ganduje has said that the Ajaokuta, Kaduna, Kano (AKK) Gas Pipeline project would have huge economic impact and create jobs in the state. This is contained in a statement issued by Director-General, Media and Public…
The license for the block, estimated to hold 482 million barrels of economically recoverable oil, expired on May 11. The federal government has gained control over OPL245 oil block, almost a decade, after Shell and Eni paid $1.3billion for the…
No fewer than 11 suspected vandals were arrested at various locations in the South-East for allegedly vandalising electricity installations belonging to the Enugu Electricity Distribution Company (EEDC). The Head, Corporate Communications of EEDC, Mr Emeka Ezeh, disclosed this in a…
The Nigerian Content Development and Monitoring Board (NCDMB) said on Tuesday that it had committed a total of US$332million under its commercial ventures partnership programme with a view to attracting project developments in-country valued at US$3.7bn. The Executive Secretary, Engr.…
Eko Electricity Distribution Company (EKEDC) has advised its customers to shun illegal activities and the use of unauthorised personnel within its network. Mr Godwin Idemudia, General Manager, Corporate Communications, EKEDC, gave the advice in a statement issued on Monday in…
Economic activities at Twon Brass, hosts to Agip’s Oil Export Terminal in Bayelsa have remained grounded as residents continued to occupy the premises of the oil firm even after power supply had been partially restored to the community. Residents had…
By Uthman Salami The Secretary General of the Organization of Petroleum Exporting Country (OPEC), Mohammad Sanusi Barkindo, will host the third workshop on Energy and Information Technology on Wednesday, 26 May 2021, through video conferencing. The workshop which is aimed…
