Energy

Reps order NERC to suspend electricity tariff hike

The House of Representatives has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend the implementation of the new electricity…

2 years ago

NNPCL: We’ve 1.5bn litres, fuel queues’ll end May 1

The Nigerian National Petroleum Company Limited (NNPCL) has assured Nigerians that the ongoing fuel scarcity and queues will be cleared…

2 years ago

FG: We need $10bn to revive power sector

The Federal Government says it needs $10 billion investment annually to revive the power sector for the next 10 years.…

2 years ago

Lagos residents groan as fuel scarcity bites hard

Queues dotted petrol stations in many parts of Lagos State, on Monday, April 29, 2024, as motorists battled to fuel…

2 years ago

Again, Dangote crashes diesel, aviation fuel prices to N940, N980

Two weeks after it crashed the price of diesel from N1,200 to N1,0000, the Dangote Petroleum Refinery has again announced…

2 years ago

FG orders sale of Abuja, Ibadan, Benin, Kano, Kaduna DisCos

As blackout and inefficiency persist in the power sector across the country, the Federal Government has ordered the sale of…

2 years ago

Presidency: 5,500 CNG vehicles, 100 Electric buses set for rollout

By BAYO ONANUGA After the removal of the wasteful fuel subsidy on May 29, 2023, President Bola Ahmed Tinubu launched…

2 years ago

EFCC probes 11 oil thieves in Lagos

The Economic and Financial Crimes Commission (EFCC) says it has commenced an investigation of 11 suspected oil thieves and one…

2 years ago

Transcorp Power revenue hits N67.86bn in Q1 2024

Transcorp Power Plc has declared revenue of N67.86 billion in the first quarter of 2024 which ended on March 31.…

2 years ago

NNPCL, partner begin oil production at Madu Field, target 20,000bpd

The Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development…

2 years ago

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