NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license
... "Obtain licenses or face sanctions" - NERC Vice Chairman warns power investors Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has slapped CCETC Suk Power Company Limited, a Chinese-owned…
NNPC Ltd. reiterates commitment to building massive oil, gas infrastructure to make sector thrive
Oredola Adeola The Nigerian National Petroleum Company Ltd (NNPC Ltd.) has assured operators and prospective investors of its commitment to continue investing in the development of huge oil and…
FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4
... unveils lists of several approaches necessary to accomplish Nigeria's energy goals ... seeks stakeholders' input Oredola Adeola The Federal Government has launched the Gazettes of the National…
Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW
Oredola Adeola Mainstream Energy Solutions Limited has commenced the installation of $82 million generating units 1G3 and 1G4 in the empty pits at the Kainji Hydropower Plant, aiming to…
Lagos receives N3.911bn in oil derivation funds between 2018- 2021
… loses revenue due to ongoing production issues at Aje field ... as dispute between Yinka Folawiyo, technical partners lingers Oredola Adeola The Lagos State Government has that it…
NERC upgrades 60 additional EKEDC feeders to Band A, total count hits 134
... upgrade limits Eko DisCo Band B feeders to 49 Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 60 feeders in…
NNPCL confirms fuel queues dissipating in Lagos, FCT other states
... announces 1.5 bn litres of petrol stockpile to meet 30 days of supply ... cautions motorists against panic buying Oredola Oredola As part of measure to thin…
OTC 2024: Nigerian govt. vows to eradicate business hurdles, boost investors confidence in oil, gas sector
... as Lokpobiri applauds PETAN for providing platform for Nigerian companies to showcase their businesses to world ... 12 lucrative oil blocks on offer in 2024 bid round with…
NERC slashes Band A electricity tariff by 8.1% to N206.80/kwH
... effective May 6, 2024 ...as Ikeja, Eko DisCos implement May 2024 supplementary order Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has issued the May…
Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network
...to deliver 60 millons SCF of gas Daily by Q4 2025 Oredola Adeola Shell Nigeria Gas (SNG) has signed an agreement with the Oyo State Government to construct…
