Energy

DisCos record N273.42bn shortfall in 2020

A total of 11 Electricity Distribution Companies (DisCos) across country have recorded a shortfall of N273.42 billion in 2020. These companies received a total of N542.73 billion out of N816. 15 billion they billed their consumers. This is an increase…

Gas is vital to Nigeria’s future – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says  gas remains vital to Nigeria’s future in the global oil and gas sector. The OPEC Secretary General, Mohammad Barkindo, disclosed this on Monday in Abuja, at the pre-summit conference on “Decade of…

Market forces should determine gas prices – DPR

The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Chief Executive Officer, DPR, Mr Sarki Auwalu, disclosed this while presenting…