The Obiakpu community in Imo has accused the Shell Petroleum Development Company of oil spill devastation, according to a statement made available to our correspondent on Friday by Spaces For Change. It was stated that the spillage started two years…
In a virtual meeting with the representatives of the Federal Government, the mission of the International Monetary Fund stated that the resurfacing of fuel subsidies was concerning. The IMF mission led by Jesmin Rahman, according to a press release, expressed…
A tanker conveying 45,000 litres of Premium Motor Spirit (PMS) crashed on Saturday, spilling its content at Community Road, Ijegun-Imore by Navy Town, Lagos causing panic among residents. Mr Ibrahim Farinloye, Acting Zonal Coordinator, South West Zonal Office, National Emergency…
The Transmission Company of Nigeria (TCN) says it has carved out a new transmission region in Kano from the old Kaduna Region. This brings to 10 the number of TCN regional operation centres in the region. TCN’s General Manager, Public…
Crude oil prices fell nearly 2% from their highest level in three years on Thursday as the dollar strengthened after the U.S. Federal Reserve signaled it might raise interest rates as soon as 2023. Oil demand worries resurfaced after new…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the Nigeria Liquefied Natural Gas (NLNG) ‘Train 7’ project, is a game changer for gas utilisation in Nigeria. IPMAN’S President, Mr Chinedu Okoronkwo, made this known in an interview with newsmen…
The Nigeria Security and Civil Defence Corps (NSCDC), Ondo State Command, says it has arrested four suspects and impounded two trucks of illegally refined Automotive Gas Oil (AGO), diesel. Parading the suspects on Thursday in Akure, the new State Commandant…
Systemic transmission and distribution problems are preventing the supply of about 3,599 megawatts of electricity generated by eight power plants under the management of the Niger Delta Power Holding Company. Also, latest industry data obtained in Abuja on Wednesday showed…
The National Bureau of Statistics (NBS) has said the average price of kerosene rose by 9.03 per cent in May 2021. This was contained in its “National Household Kerosene Price Watch – May 2021”. The report explained the product also…
The Niger Delta Power Holding Company (NDPHC) says it is seeking the support of the Federal Ministry of Water Resources to develop small and medium hydro projects in the country. Mr Chiedu Ugbo, NDPHC Managing Director, disclosed this in a…
