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NNPC
Egbin Power Plc recently hit highest peak production of 970 MW and plans to add between 1,750MW and 1,900MW in its expansion plan.
The PDP has advised the FG to ensure transparency in its planned acquisition of 20% stake in Dangote refinery.
The NNPC has announced plans to acquire stakes in 6 private refineries across the country.
3 oil firms including the NNPC have indicated interests in acquiring a stake in Dangote Refinery.
The NNPC has said that it plans to acquire a 20% minority equity stake in Dangote Refinery, Lagos.
Sahara Group is Africa's largest private power business with operations in the generation and distribution value chain of the sector.
The clarification became necessary in the light of media reports insinuating that the corporation was in dire financial straits.
The decision to return the operating license on the 4 oil blocks was taken by the President to avoid any major face-off with the Chinese government.
The President has ordered the restoration of ownership of OML 123, others to NNPC.
The execution of the deal is to help reduce gas flaring in the country and a show of NNPC’s commitment to facilitating the country’s transformation into a gas-powered economy.
There have been reports of long queues in the FCT, leading to major traffic jams in some parts of the city.
The FG has made some changes to the PIB in a bid to attract more investors to Nigeria's oil and gas sector.