Despite its under-performance, the solid minerals sector contributed ₦87.61 billion to the country’s Gross Domestic Product (GDP) in 2016. This…
Electricity improved as Nigerians now run generators for lesser hours – Fashola
The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that the Muhammadu Buhari administration has improved electricity…
NERC: Gas Shortage Contributed 74% of Power Sector Limitations
The Nigerian Electricity Regulatory Commission, NERC, has disclosed that a larger part of the constraints experienced in the country’s electricity…
Power generation falls below 4,000MW as Discos reject load
Total electricity generation in the country has remained below 4,000 megawatts in recent months as low load demand by distribution…
$7bn Project: FG warns NLNG against violating content development act
The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) has warned the promoters of the new Train…
Gas exporting countries to discuss Global Outlook
The 20th Ministerial Meeting (MM) of the Gas Exporting Countries Forum (GECF) will take place on November 14, 2018, in…
NNPC targets 40 million barrels oil reserves
The Nigerian National Petroleum Corporation, NNPC, has indicated it would be looking to oil explorationists under the aegis of the…
Output decline by 75,936 barrels in Lagos oilfield
The Aje field, offshore Lagos, where crude oil production started nearly two and a half years ago, saw its output…
We are yet to receive payment for electricity since June – Gencos
The Association of Power Generation Companies (APGC) has stated that power Generation Companies (Gencos) have not received payment for electricity…
Nigeria can stop importing petrol by 2021 – Asemota
Mr. Osahon Asemota is the Managing Director of Mettle Energy and Gas. In this interview, the Edo State born business…
CBN releases ₦38 billion to power firms in 6-month
The Central Bank of Nigeria released a total of ₦38.53 billion to power firms between January and June this year…
Ahead of the #AfricaInvestmentForum, African leaders urge World Bank to do more to eradicate energy poverty across the continent
WASHINGTON D.C., United States of America, October 24, 2018/ — Speaking at the World Bank meeting in Bali this month…