Uncertainty, multiple taxation hinder energy security, threaten Nigeria’s prosperity- NNPC GCEO warns
Oredola Adeola Mele Kyari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), has identified lack of investment in the energy sector due to uncertainty…
FG confirms transfer of $1.3 billion Zungeru hydroelectric power plant to Penstock Ltd
Oredola Adeola The Nigerian Government has confirmed that the transfer of ownership of the Zungeru Hydroelectric Power Plant to Penstock Limited took place on January 23, 2024, following the settlement…
Tinubu agrees to settle N342m Presidential villa outstanding electricity debt
Oredola Adeola The Presidency has stepped up to the plate, promising to settle the Presidential Villa's outstanding electricity bill with Abuja Electricity Distribution Company (AEDC), which was initially disputed…
Tanker drivers strike: MEMAN takes action, assures fair transportation rates for smooth petroleum products supply
Oredola Adeola Amidst potential fuel crisis due to ongoing tanker drivers' strike, the Major Oil Marketers Association of Nigeria (MEMAN) has stepped in, assuring that individual marketers and…
Abuja DisCo issues Presidential Villa, Power Ministry, 85 defaulting MDAs 10-day ultimatum to clear N47bn electricity bill
Oredola Adeola The Abuja Electricity Distribution PLC (AEDC) has issued a 10-days ultimatum to 85 Government Ministries, Departments and Agencies (MDAs) including the Ministry of Power, DSS, Presidential…
National grid plunges to 0MW for third time in 2024
Oredola Adeola The Nigerian power grid experienced a staggering collapse, leaving electricity distribution companies (DisCos) with a shocking 0 Megawatts (MW) between 3:00 am and 7:00 am on Monday,…
WIEN honours Aradel Holdings PLC MD/CEO with gender advocate of the year award
Oredola Adeola The Women In Energy Network (WIEN) has recognized Gbite Falade, the Managing Director/Chief Executive Officer of Aradel Holdings PLC, with the WIEN Gender Advocate of the…
GenCos lose nearly half of generated power worth N1.6 trn due to theft, billing inefficiencies, ATC&C losses- Adelabu
Oredola Adeola Adebayo Adelabu, Minister of Power has revealed that power generation companies (GenCos) are losing almost half of their supplied electricity due to theft, inefficiencies in billing and…
How customers on estimated billing can claim overbilled energy refunds
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has provided a portal to empower customers who were overbilled by eleven (11) electricity distribution companies (DisCos) between January and…
NUPRC not leaving Abuja as erroneously speculated
By Ibrahim Musa With clear mandates - ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flow stations, crude…
