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ENERGY
Bill Gates, President Tinubu, Money Men Unite in Lagos for Dangote Group
Bill and Melinda Gates Foundation co-founder, Bill Gates was in Lagos, Nigeria to visit his friend and billionaire colleague, Aliko Dangote and the duo were joined by President Bola Ahmed Tinubu, Femi Otedola as they inspected Dangote…
FG Moves to Deepen Lekki Channel Beyond 16.5M
The Federal Government has given the nod for the maintenance dredging of the $1.5bn Lekki Deep seaport channel from its present 16.5metres to 17metres in the first instance as it targets 19meters depth.
Disclosing…
Barely Five Months After, NNPCL Again Shuts down of Port Harcourt Refinery for Maintenance
Barely five months after it announced the revival of the Port Harcourt Refining Company Limited (PHRC), the Nigeria National Petroleum Company Limited (NNPCL) has again announced it will shutdown the facility for “planned maintenance.’…
Dangote Refinery Cuts Petrol Price Again, Now N875/Litre in Lagos
In another move to ease the burden of high fuel costs on Nigerians, Dangote Petroleum Refinery & Petrochemicals has announced a further reduction of N15 in the price of Premium Motor Spirit (PMS), commonly known as petrol. This latest…
Renewable Energy Key to Nigeria’s Future Development – Speaker Abbas
The Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, has said that Nigeria has no option than to adopt renewable energy as one of the ways of diversifying the country's economy.
Speaker Abbas, who…
Planned Power Outage in Suleja and Environs as TCN Conducts Maintenance on Transmission Substations
The Transmission Company of Nigeria (TCN) has announced a scheduled preventive maintenance exercise on one of its key power assets—the 60MVA transformer and associated switchgears—at the Suleja 132/33kV Transmission Substation.
The…
CSOs Call for Full Investigation Into $1.5bn Port Harcourt Refinery Repairs Under Kyari
A coalition of Civil Society Organizations (CSOs), under the aegis of the National Transparency Network, has called for a full-scale investigation into the Nigerian National Petroleum Company Limited (NNPCL) under the leadership of its…
Dangote Refinery Slashes Petrol Prices Nationwide
In a major move set to bring relief to millions of Nigerians, Dangote Petroleum Refinery has announced a significant reduction in the gantry price of Premium Motor Spirit (PMS), also known as petrol. Effective from Wednesday, April 16,…
Nigeria to Receive Over 3 million Meters to Bridge Power Sector Gap – Minister
Nigeria is set to take delivery of over 3 million electricity meters, according to the Minister of Power, Chief Adebayo Adelabu. Speaking on Sunday, Adelabu stated that the initiative is aimed at addressing the significant…
Tinubu Sacks Mele Kyari, Appoints Ojulari as NNPC CEO
President Bola Tinubu sacked the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company Limited (NNPCL), Mr. Mele Kyari.
The President also Chief Pius Akinyelure as the Chairman of the board on the national oil…