The Minister of Power, Mr Adebayo Adelabu, has reiterated the Federal Government’s plan to raise electricity generation from 3,500 Megawatts(MW) to 6,500MW within the next three to six months. Adelabu who was on a working visit to various power projects…
The Federal Government has pledged its commitment to patronising local meter manufacturers in boosting local content development and fostering growth in the industrial sector. The Minister of Power, Mr Adebayo Adelabu during a working visit to Momas Electricity Meters Manufacturing…
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,139.25 recorded in January, 2023 to N6,154.50 in February, 2024. NBS disclosed this its “Cooking Gas Price Watch” for February, 2024 released on…
The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N1,329 recorded in January 2024 to N1,340 in February 2024. The bureau said this in its Petrol Price Watch for February 2024,…
Oil and Gas stakeholders from across the globe will converge in Nigeria to deliberate on prospects, opportunities and innovative ways of finding lasting solutions to industry challenges in a sustainable manner. The Managing Partner of Fleissen & Company and Convener…
The Minister of Solid Minerals Development, Dele Alake has inaugurated the first batch of Mining Marshals Corps to combat illegal mining. The presentation of the mining marshals took place in Abuja on Thursday. Alake said the mining marshals were drawn…
The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its commitment towards utilising Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a Panel Session at…
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N263.76 in February 2023 to N679.36 in February 2024, while the price of a litre of diesel increased from N836.91 in February…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that the Final Investment Decision for the $25bn Nigeria-Morocco Gas Pipeline Project will be made in December 2024. Kyari made the disclosure while speaking…
Savannah Energy PLC has signed separate Share Purchase Agreements (“SPAs”) with Sinopec International Petroleum Exploration and Production Corporation (“SIPC”) and Jagal Ventures Limited (“Jagal”) to acquire 100 percent of the outstanding share capital of Sinopec International Petroleum Exploration and Production…
