Ikeja Electric to suspend 2-yr-old Bilateral Power Agreement with Magodo GRA Phase 2 from July 15, 2024
"Magodo GRA Phase 2 residents have been enjoying N72.40/kWh electricity tariff rates" -Source Oredola Adeola The Ikeja Electric (IE) has notified the Magodo Resident Association (Magodo GRA Phase 2) of…
NCDMB implements Tinubu’s directive: Unveils 5 measures for content compliance in oil,gas Industry
... to weed out oil and gas service companies lacking capacity "Entities acting solely as intermediaries, with no demonstrable capacity to execute project, shall not be approved"-Engr Ogbe Oredola Adeola…
Unmetered electricity customers in Nigeria rise to 7,191,474 (54.61%) in May 2024
Metering performance: Ikeja Electric leads with 76.25%, trailed by Abuja DisCo at 70.02%, Eko DisCo at 56.76% ... Yola recorded the lowest with 15.64% metering rate Oredola Adeola Out…
Egbin Power launches Innovation centre in Ikorodu to equip future leaders, ignite creativity
Oredola Adeola Egbin Power, Nigeria's premier power generation company, has inaugurated the 'Bright Gyimah Centre for Innovation' in Ikorodu, Lagos State, to provide students with the entrepreneurial, practical, and…
West African Customs Chiefs agree to SIGMAT integration to streamline Abidjan-Lagos corridor by September 2024
... sets to empower Nigerian importers to use any ECOWAS port with tariffs credited to Nigeria ... policy aligns with NIMASA's plans to localize bunkering services Oredola Adeola The Directors…
NNPC foundation pre-qualifies 2,659 NYSC members for business pitching exercise
... offers 50% reduction in registration fees for corps members’ businesses with CAC Oredola Adeola The NNPC Foundation has pre-qualified 2,659 National Youth Service Corps (NYSC) members across Nigeria…
Egbin Power reaffirms commitment to environmental care with comprehensive sustainability, carbon emissions reduction strategy
Oredola Adeola Egbin Power Plc, the largest power generating station in Nigeria, has restated its commitment to treating the environment with the utmost care, with a comprehensive approach to…
NERC recommends integrating renewable energy into national grid to lower electricity tariffs
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has recommended the integration of cheaper renewable energy sources into the national grid to diffuse the total energy production cost, consequently…
Experts warn FG against encouraging anti-competitive practices in oil, gas sector
... recommend regulatory reform, fair pricing, support to ensure success of Dangote Refinery "Dangote refinery too big to fail... If it fails, Nigeria is bound to bear the consequences in…
End of era for massive front-loaded oil blocks signature bonuses: Potential gains for Nigeria
Ibrahim Musa The Federal Government through the upstream regulator, has slashed signature bonuses to a maximum of $10 million for deepwater assets and $7 million for shallow water and…
