The Federal Government yesterday readjusted the pump price of Petrol from N121.50 to N143.80 per litre.
This was disclosed by Petroleum Products Pricing Regulatory Agency (PPPRA) in a circular dated Wednesday, July 1, 2020, to oil marketers.
Recall, the agency slashed the pump price of petrol, to N121.50 per litre for...
President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his Administration’s Next Level Agenda for sustainable development and economic prosperity of Nigeria.
The President, who stated this Tuesday while flagging off construction works on the AKK project via virtual link from...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that it will undertake a compliance ranking of all companies and government agencies that are participating in its ongoing 2019 oil and gas industry audit.
The ranking exercise which is instituted to examine levels of compliance to the data gathering component...
The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will receive a boost tomorrow as President Muhammadu Buhari performs the Flag-off of the construction of the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project.
The project, expected to be completed within a 24-month timeline, is a section...
Electricity Distribution Companies (DisCos) lose over N30 billion of their monthly revenue due to cases of energy theft, meter bypass, vandalism and unpaid electricity bills by consumers.
The DisCos disclosed this in a statement by the Association of Nigerian Electricity Distributors (ANED) on Thursday. According to the Executive Director, Research...
The Director of Petroleum Resources, Engr. Sarki Auwalu, has inaugurated three teams to operationalise the full implementation of the Nigeria Gas Transportation Network Code (NGTNC) recently launched by the Minister of State Petroleum Resources,with Timipre Sylva, with a six-month mandate to go live.
The Director in his address at the...
Colonel Sani Bello (Rtd) is the Chairman, board of directors of Mainstream Energy Solutions Limited (MESL), concessionaire for the Kainji and Jebba hydropower plants in Niger State. In this interview, Col. Bello spoke about the implications of the calls to reverse the gains of the power sector privatisation and what...
Nigeria will continue collaborating with other OPEC+ Nations in the historic efforts to adjust crude oil production towards rebalancing and stabilizing the global crude oil market for the benefit of all.
Nigeria reaffirms its commitment, alongside its OPEC+ counterparts to extend the first phase of the production adjustments of 9.7 mb/d...
Power Distribution Companies (DisCos) have dismissed the claims that 4,159 megawatts (MW) of electricity is stranded on the national grid due to their low capacity.
The DisCos’ group, Association of Nigerian Electricity Distributors (ANED), said the claims by the Generation Companies (GenCos) were not true.
The Association of Power Generation Companies...
