Distributes free educational materials to mark Children’s Day. Lagos, Nigeria: May 27, 2021: Nigeria’s leading Electricity Distribution Company, Ikeja Electric (IE), has restated its support for quality education with the donation of educational materials to Agidingbi Primary Schools, Ikeja, Lagos,…
The Nigerian Electricity Regulatory Commission (NERC), has moved to enforce compensation to electricity consumers for the under-supply of power to their homes and businesses with effect from July. This follows several complaints by energy consumers that the Service-Based Tariff (SBT),…
By Uthman Salami The Director of Petroleum Resources (DPR), Sarki Auwalu, has warned the federal government that the nation economy will be in despair due to over reliance on oil and gas. He said over 70 per cent of the…
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.…
