Energy
Oil & Gas and Power Sector related news
Seplat terminates appointment of former CEO, Austin Avuru, as a director
The Board of Directors of Seplat Energy Plc has announced the termination of the appointment of the immediate past Managing...
NNPC generates N203.73 billion from petroleum products sale in July
The Nigerian National Petroleum Company (NNPC) Limited says that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), generated a...
IPMAN blames price increase in petrol on private depots
The Independent Petroleum Marketers of Nigeria (IPMAN) has blamed the increase in the pump price of petrol in South-Eastern states...
FEC approves $1.9 billion to boost Nigeria’s power supply to 7,000MW
The Federal Executive Council (FEC) has approved the sum of $1.9 billion for the procurement of equipment meant to boost...
Fuel scarcity: NNPC says 2 billion litres of petrol available despite fuel queues
The Nigerian National Petroleum Company Ltd. (NNPC) has announced it is committed to ensuring stock availability of PMS (petrol) during...
NNPC increases LPG supply to crash prices of cooking gas
The Nigerian National Petroleum Company Limited is currently increasing the supply of Liquefied Petroleum Gas, popularly called cooking gas, to...
AEDC names new Board, interim management
The Abuja Electricity Distribution Company (AEDC) has announced a new board and interim management. This is according to a press...
You can’t remove subsidy without addressing macro-economic determinants, forex policy – Ex-Finance Minister
Dr Kalu Idika Kalu, former Minister of Finance has warned that addressing Nigeria’s subsidy issues by merely removing it will...
NNPC announces trading surplus of N141.96 billion in June 2021
The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of N141.96 billion in June 2021, representing a...
Power project deal with Siemens to increase Nigeria’s electricity to 25,000MW when completed – Aliyu
The Federal Government has stated that the Siemens Power Project under the Presidential Power Initiative will increase Nigeria’s electricity from...
