Energy
Oil & Gas and Power Sector related news
NNPC to support alternative energy initiative by deploying CNG plants across the country
NNPC will activate Compressed Natural Gas refill stations for motorists to access.
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Estates in Lekki increase electricity tariff to N105/kWh
Electricity tariffs in major estates in the Lekki have increased prices to as high as N105/kWh Nairametics investigations reveal.
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Gas is the new petrol – FG to Nigerian car owners
FG is finding ways by which gas will become the preferred fuel for cars instead of petrol.
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FG to save N1 trillion annually from petrol subsidy removal
The Minister noted that the removal of fuel subsidy will save Nigeria up to a trillion every year.
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FG to give up majority stakes in its 4 refineries, to be privately managed
FG would resort to holding minority shares after giving up the refineries to investors.
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FG demands $1.1 billion advance settlement from Eni, Shell in Malabu corruption case
The government of Nigeria has requested advance payment for damages in the Malabu oil scandal.
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FG directs 9,000 filling stations to install gas facilities
The DPR ordered the filling stations to begin immediate installation and also update licenses.
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FG gives reason oil marketers are not yet importing petrol, stops monthly price fixing
The PPPRA added that the price of petrol will be determined by the forces of demand and supply.
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FG to provide solar energy to 5 million Nigerians within 12 months
This means that more Nigerians will have access to electricity via a reliable and sustainable solar system.
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Only customers with minimum of 12 hours electricity can have tariff increase – FG
The FG said it will protect Nigerians who can’t afford to pay cost-reflective tariffs from increases.
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