The Federal Executive Council (FEC) meeting which held yesterday approved a total of $8.29 million and N3 billion for projects in the power sector. The Minister of Power, Sale Mamman who disclosed the news in a series of tweets said…
Rumundaka Wonodi, the former Managing Director, Nigerian Bulk Electricity Trader (NBET), has said, the sale of the National Integrated Power Projects (NIPP) Generation assets will not solve the sectors problems especially, in the short term. “Selling the five out of…
The Federal Government has approved about N6.2 billion for the award of contracts for six projects in the power sector. Mr Mamman Saleh, who is the Minister of Power, disclosed this to State House correspondents on Wednesday at the Presidential…
The House of Re-presentatives has urged the Nigerian National Petroleum Corporation (NNPC) to review the status of the licences issued to indigenous companies to run modular refineries. It asked the corporation to revoke and re-issue them to competent and reliable…
The Federal Government has been advised to direct Electricity Distribution Companies (DisCos) to employ more installers to fast-track the ongoing National Mass Metering Programme (NMMP). Mr Kola Balogun, the Chairman, MOMAS Electricity Meter Manufacturing Company (MEMMCOL) gave the advice in…
The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter of 2021, a document presented to the Federation Account Allocation…
The Bayelsa Government has urged members of the State Elders Council to support the struggle for restructuring of the country and passage of the Petroleum Industry Bill (PIB). Gov. Douye Diri made the call at the council’s quarterly meeting in…
The Nigerian Electricity Regulatory Commission (NERC) is going ahead with plans to review power tariffs in July this year despite wide spread resentments by the organised labour, consumer groups and other individuals. NERC had announced on April 26, 2021 that…
The Lagos Chamber of Commerce and Industry and energy experts have expressed divergent views on the demand by labour that the pump price of petrol should not be increased until the country’s refineries are fixed. The Nigeria Labour Congress said…
BUA has signed a contract to build a 285,000 tonnes per annum polypropylene plant as part of its proposed BUA Refinery. The deal was signed with Lummus Technology – a world leader in the construction of polypropylene projects, using their…
