Energy

Power supply will drop by 50 megawatts on Wednesday. The Transmission Company of Nigeria, in a statement, said the drop would be as a result of planned annual “preventive maintenance” on the line bay at Lekki Transmission Substation in Lagos. During the maintenance period, about 50MW will be interrupted, affecting …

For failing to meet up with the privatisation agreement entered into with the federal government in 2013, the Bureau of Public Enterprises has declared that Benin, Kaduna and Kano electricity distribution companies are the worst-performing Discos among the 11 power distributors in Nigeria. The BPE stated as a result of …

Commander of the Federal Road Safety Corps, Katsina, Ali Sule, said that the corps’ mobile court will try any underage child caught driving in the state. Sule disclosed this to newsmen on Sunday in Katsina. “The agency will view the act as a serious offence to see any underage child …

The Federal Competition and Consumer Protection Commission on Wednesday threatened to sanction electricity distribution companies that failed to comply with the regulations of the Nigerian Electricity Distribution Companies. It said henceforth, any organization or individual who fails to comply with the extant rules and regulations guiding electricity industry risks punishment. …

The Secretary-General of the Organisation of Petroleum Exporting Countries, Muhammad Barkindo, is dead. Barkindo died late Tuesday. The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, announced Barkindo’s death in a tweeted posted to his verified Twitter handle, @MKKyari, in the early hours of Wednesday. “We lost …

Mele Kyari, Group Managing Director of the NNPC Ltd, on Thursday said that Nigeria has so far earned over $1bn from Portugal through the sale of natural gas in 2022 alone. Kyari said this when President Muhammadu Buhari led a high-level Nigerian business delegation to the Nigeria-Portugal Business & Trade Forum, on …

The Federal Government has announced that the successful investors in Nigeria’s 57 marginal oil fields of the 2022 bid round would get their various Petroleum Prospecting Licences on Tuesday. On May 31, 2021, the defunct Department of Petroleum Resources issued letters of award to investors for the production of crude …

NNPC Restates Commitment To Energy Transitioning The Group Managing Director of the Nigerian National Petroluem Company Ltd, Mele Kyari has said that the transformation currently being implemented at the NNPC will position it to take advantage of the energy transitioning opportunities in the global environment. The NNPC GMD said this …

Minister of State, Petroleum Resources, Mr Timipre Sylva, has charged hydrocarbon-rich African nations to urgently harness their huge gas reserves to close the widening energy gulf created by the lingering Russia-Ukraine hostilities, where gas is being used as a weapon of war. Sylva gave the admonition in Abuja on Monday …

Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial vehicles were scarce on the road. The scarcity of vehicles was attributed to the fuel scarcity, which was gradually building up in some parts of Lagos. Our correspondent saw that many people were stranded at …