Category: Energy
EFCC busts four illegal lithium plants, nabs 14 Chinese, Nigerian
EFCC busts four illegal lithium plants, nabs 14 Chinese, Nigerian Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 14...
FG Commissions Four Substations, Adds 544MW to Kano Power Grid
The Federal Ministry of Power through Transmission Company of Nigeria(TCN), in partnership with the Kano State Government, has commissioned four(4)...
Makinde’s claim on N250billion NLNG dividends false-FG
The Federal government has responded to Oyo state Governor Seyi Makinde claim that it is sitting on NLNG N250billion fund as false and issue that...
Oyo Gets 17.7MW Mini-Grid Projects as Power Minister Rules Out Electricity Tariff Hike
Power Minister,Tegbe The Minister of Power, Joseph Tegbe, has announced the commencement of five interconnected mini-grid projects with a combined capacity of 17.7...
Don’t restore fuel subsidy IMF warns FG
International Monetary Fund, on Wednesday, warned the Federal Government against restoring the broad petrol subsidy, advising that it should rather deploy...
Niger Delta Deserves More than 13% Derivation, Says Obasanjo, Flags-off CDU at $1bn Azikel Refinery
By Philip Jeremiah Eke Former President Olusegun Obasanjo on Monday advocated an increase in the 13 per cent derivation to oil producing states in the country,...
Nigeria lack capacity to supply Dangote Refinery 700,000bpd- Finance Minister
Dangote Refinery •PSC, royalties, contracts limit availability •Rules out discounted crude for refiners The Federal...
Navy uncovers 31 illegal refining dug out pits in Rivers
The Nigerian Navy has uncovered 31 dug out pits in two suspected illegal refining sites containing approximately 62,050 litres of petroleum products...
Fuel discount promo not restoration of subsidy – NNPC Ltd.
The Nigerian National Petroleum Company (NNPC Ltd.) Limited has clarified that its fuel discount initiative is a temporary customer relief...
FG targets N1,350 petrol cost ceiling to cushion price shocks
President Bola Tinubu has backed measures to cushion Nigerians against global oil price shocks, including the Nigerian National Petroleum Company Limited’s...
