The Nigerian Electricity Regulatory Commission (NERC) has said it should be the priority of power distribution companies to meter all customers on Band A feeders. This came barely one week after the NERC approved over 200 percent tariff hike for…
Oil prices dropped again for a second day on Tuesday, as talks for a ceasefire in Gaza continued, but losses were limited to less than a dollar a barrel as Egyptian and Qatari mediators met resistance in their search to…
The Federal Government announced that testing has commenced on the 700 megawatts Zungeru Hydroelectric Power Plant ahead of the evaluation of electricity from the facility to the national grid. It also stated that the $1.3 billion project, located in Niger…
The Society of Petroleum Engineers (SPE), Nigerian Council, has called for collaborative efforts in addressing the challenges and opportunities facing Nigeria’s energy sector. In a compelling address at the opening ceremony of the 2024 edition of Oloibiri Lecture Series and…
The Petroleum Technology Association of Nigeria (PETAN) has stated that Nigeria is currently under producing crude oil to the tune of 500,000bpd. The Chairman of PETAN, Mr. Wole Ogunsanya made this known when he received the representatives of the Association…
By Praise Oguntan The Minister of Power, Mr Adebayo Adelabu, has said the Federal Government will continue to subsidise electricity for Nigerians, to guarantee stable and reliable supply. Adelabu said this at the Ministerial Press Briefing Series organised by the…
The Petroleum Technology Association of Nigeria (PETAN) has promised its support to the Bola Tinubu-led administration toward increasing country’s oil and gas production for maximum value. Mr Wole Ogunsanya, the Chairman of PETAN, expressed this commitment during an interactive session…
The Nigeria Electricity Regulatory Commission (NERC) has slammed a fine of N200m on the Abuja Electricity Distribution Company (AEDC) for wrongly applying the new electricity tariffs on some residents of the Nigerian capital. The NERC also ordered the DisCo to…
The Abuja Electricity Distribution (AEDC) has issued an apology on wrong charges faced by some Band A customers who tried to recharge their meters following the new tariff regime. The Management of AEDC tendered the apology in a notice to…
The Eko Electricity Distribution Company said it would meter up to 600,000 customers in the next five years. In a statement, the EKEDC said it was committed to bridging the metering gap by 2028, with a plan to meter 120,000…
