Friday, April 26, 2024
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Nigeria supplied $81.48bn electricity to Niger, Togo, Benin

Nigeria supplied $81.48bn electricity to Niger, Togo, Benin

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Nigeria has supplied three neighbouring countries a total amount of electricity worth $81.48bn from Nigeria in the last two years. An analysis of data obtained...
Discos revenue collection hit N127bn in first three months

Discos revenue collection hit N127bn in first three months

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The power distribution companies in the country have disclosed that their revenue collection increased by a record 10% to N127bn in the first three...
Department of Petroleum Resources (DPR) Logo

DPR seals illegal retail gas outlets in Kogi

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Officials of the Department of Petroleum Resources (DPR) has sealed off 15 retail gas outlets for illegal dealings. The operators of the outlets were subsequently...
Reps bars TCN from embarking on new projects

Senate to assemble legal experts to review power deals

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The Senate has begun to make moves to protect the country from incurring further financial wastes from the agreements signed by the Federal Government...
We are unable to guarantee the safety of oil workers- Host communities

We are unable to guarantee the safety of oil workers- Host communities

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The Itsekiri host communities have declared that they are unable to guarantee the safety for the newly recruited 1,050 refinery staff of the Nigerian...
Five oil polluted sites has been restored- HYPREP

Reps launch investigation into oil spill, clean-up projects

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The House of Representatives has initiated an investigation into oil spills in the Niger Delta region and clean-up projects started by the Federal Government...
Mambilla Hydropower plant stalled due to compensation list

Mambilla Hydropower plant stalled due to compensation list

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The Federal Government is yet to receive the comprehensive list of those who qualify for compensation, as owners of the land where the 3,050...
Brent Crude soars above $50, highest in nine months

NNPC raise prices of major crude oil grades

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The Nigerian National Petroleum Corporation (NNPC) has raised the prices at which two of the country’s major crude oil grades would be sold in...
NUPENG directs tanker drivers to withdraw service from Lagos

Oil marketers oppose PPPRA sole review of petrol price

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The Petroleum Products Pricing Regulatory Agency should not be solely responsible for the review of petrol price, oil marketers said on Sunday. Since March 19,...
NNPC records increased trading surplus in July

NNPC records 47% revenue decrease from petrol sale

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The Nigerian National Petroleum Corporation (NNPC) has witnessed its revenue from petrol sales decrease by 47.38 per cent to N107.61bn in April as supply...