Energy
Oil & Gas and Power Sector related news
Fuel subsidy: NNPCL gives marketers new directives for making fuel truck orders
Oil marketers in the country may still not afford full premium motor spirit (fuel) orders following a new directive issued...
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WATT Renewable Corp. to raise $100 million for solar-powered telecoms towers in Nigeria
Canada-based WATT Renewable Corporation is seeking to raise $100 million for the implementation of solar-powered telecommunications towers in Nigeria, as...
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2023 Electricity Act: Why states will determine its success
President Bola Ahmed Tinubu has officially signed the 2023 Electricity Act into law, marking a significant milestone in Nigeria's electricity...
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2023 Electricity Act interprets bypassing electricity, others, as theft, recommends jail term for offenders
A Nairametrics review of the 2023 Electricity Act recently signed by President Bola Ahmed Tinubu reveals that the Act interprets...
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DisCos will need subsidiary companies under the 2023 Electricity Act – Expert
As part of the newly signed Electricity Act, distribution companies (DisCos) operating across multiple states in Nigeria will be required...
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NMDPRA writes military about illegal Butane lifting from Bonny terminal
Nigeria’s Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) revealed it has written a letter to Nigeria’s Military command about...
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Tinubu’s plans to double Nigeria’s Crude Production, raise $17.4 billion through sell down of NNPC’s assets
Nigeria's President aims to reach 4 million barrels per day of oil and 12 billion cubic feet per day of...
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Electricity Act: What is the difference between what President Tinubu signed and what Buhari signed in March 2023?
President Bola Ahmed Tinubu recently signed the 2023 Electricity Act into law, de-monopolizing Nigeria’s electricity sector.
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10 things you should know about Nigeria’s newly signed Electricity Act
The 2023 Electricity Act provides a framework to guide the post-privatization phase of the Nigerian Electricity Supply Industry (NESI).
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How Nigeria can reflate the economy after oil production quota cap at 1.38 m/bpd – Analyst
Nigeria can reflate its economy after the oil production quota cap at 1.38 million barrels per day, an analyst suggests...
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