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ENERGY
NERC Transfers Electricity Regulatory Oversight to Plateau State
In line with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of…
Disruption of Power Supply to Parts of South South Due to Vandalisation of Transmission Towers-TCN
The Transmission Company of Nigeria (TCN), has revealed that four of its major towers along the Owerri-Ahoada 132 Kilo Volt, kV, Double Circuit line have been vandalized which resulted in their collapse.
In a statement issued in Abuja on…
CPN Condemns NNPCL’s Suspension of Naira-for-Crude Deal, Calls for Probe
The Conference of Progressive Nigerians (CPN) has strongly criticized the Nigerian National Petroleum Company Limited (NNPCL) over its decision to suspend the naira-for-crude oil swap deal with domestic refiners.
speaking in…
Ramadan: Energy Reformers Laud Dangote Over Downward Prices of Fuel
A group of northern energy experts, Arewa Youths Initiative For Energy Reforms (AYIFER), has commended Dangote refinery for the downward review of petroleum products prices across the country.
This was, even as, the…
Allow Local Refineries to Survive, Group Urges NNPCL, NMDPRA
Conference of Energy & Finance Consultants (CEFC), a group known for championing integrity, quality delivery and financial management amongst energy consultants, has called on the major oil regulatory agencies in Nigeria to allow local…
Dangote Refinery Reduces Petrol Price by N65, Litre to Sell for N825
The Dangote Petroleum Refinery company, has announced a reduction in the ex-depot (gantry) of petrol by N65.00.
At pump, the product will now sell for N825 per litre from the current price of N890/
According to a statement issued by…
Group Commends Dangote Refinery for Sustaining Quality, Ending Fake Fuel Era in Nigeria
First Nigeria's privately owned petrochemical refinery belonging to Alhaji Aliko Dangote, has received great commendations, for sustaining production and distribution of quality petroleum products in Nigeria.
Douglas Inedu, President of…
Fuel Scarcity: IPMAN Slams 7-Day Ultimatum to FG Over N100 billion ‘Bridging Claims’…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has given the federal government a seven day ultimatum to clear a bridging claims amounting N100 billion failure which the association will withdraw its services.…
Dangote Refinery Increases Fuel Price by N55 at the Depot
Dangote Refinery has effected a slight increase on the price of petrol to its bulk buyers.
In statement the company issued on Friday, the new price regime will take-off from 5: 30pm on Friday (today).
According to the statement which…
Restart of Warri Refinery Indication of Nigeria’s Rebound for a Greater Future-Tinubu
President Bola Tinubu has said that the restart of the 125, 000 per day capacity Warri Refinery is a “remarkable” feat that further gives hope of a greater future for Nigeria.
The President also congratulated the Group Managing Director of…