Category: Energy

FG’s Power Reforms yields $2bn investment-Adelabu 

Adelabu Minister of Power, Chief Adebayo Adelabu, has announced that the Federal Government’s strategic interventions in the power sector are already yielding...

NNPC Declares ₦5.4 Trillion Profit After Tax

  … As Ojulari Pledges Strategic Investments to Sustain Growth into Next Decade   For the first time in recent years,the Nigerian National Petroleum...

Emadeb Petroleum Exploration & Production Company Limited achieves First Oil from Ibom Field

  Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has announced the achievement of first oil from the Ibom Field (PPL 236), marking...

FG signs 30-year concession with Quaint Power to boost 6MW Ikere Gorge hydropower

  … project to prioritise Iseyin, Oke Ogun communities Oredola Adeola The Ministry of Power has signed a 30-year concession agreement with Messrs Quaint Power and...

FG poised to develop power to enhance livelihood of Nigerians- Tinubu tells Siemens

FG poised to develop power to enhance livelihood of Nigerians- Tinubu tells Siemens President Bola Tinubu, on Monday in Abuja, assured the technical contractor handling...

At Last, FG may put up Warri, PH, Kaduna refineries for sale says presidential aide

…NNPC too may go public   Olu Verheijen, Special Adviser to Tinubu on Energy   Olu Verheijen, special adviser to President Bola Tinubu on energy, says...

Nigeria raises $2b to boost renewable energy, power sectors – Adelabu

The Minister of Power, Chief Adegoke Adelabu has said that over $2 billion has been raised through to accelerating renewable energy deployment and expand reliable,...

Dangote Refinery increases production to 1.4mbpd

The Dangote Refinery has increased its production to 1.4mbpd from its present 650bpd, thus making it the world’s largest oil refinery. This was announced by the...

NERC approves N28bn for procurement of meters for Band A customers

  Meters The Nigerian Electricity Regulation Commission (NERC) says it has approved N28 billion for the procurement of meters for all outstanding unmetered Band A...

FG, GenCos Finalise Implementation Framework for ₦4 Trillion Presidential Power Sector Debt Reduction Plan

  The Federal Government of Nigeria has taken a major step toward restoring financial stability and investor confidence in the electricity market with the...