The Senate, through its president Ahmad Lawan, has promised to commence work on the Petroleum Industry Bill (PIB) the moment senators resume work in January 2020....
The Federal Government of Nigeria has initiated moves to recover $62.2 billion (N20 trillion) from six (6) oil firms that defaulted in the payment of revenue...
The Federal Government of Nigeria is set to take over Yola Electricity Distribution Company (Yola DisCo), as the Nigerian Senate approved the sum of N26.9 billion...
The rise in electricity tariffs in Nigeria is inevitable as the Federal Government is introducing a new electricity distribution scheme called “Willing Seller, Willing Buyer”. The...
Oil giant, Chevron, has formally initiated the sale of its interest in its Nigerian offshore exploration, comprising two hydrocarbon blocks. The proceeds from the divestment of...
The House of Representatives has ordered its Committee on Power to probe operational and financial activities of the Niger-Delta Power Holding Company (NDPHC). The mandate of...
The presidency has reacted to reports that the federal government may “take over Distribution Companies (DisCos).” Laolu Akande, Senior Special Assistant on Media to Vice President...
By Richards Adeniyi The nation’s imports of petrol and diesel fell by about 11 per cent and 15 per cent, respectively in September, latest data released...
Power generating and distribution companies will be probed by the Nigerian Senate over unstable power supply that has become the order of the day in the...
The Ogoni Community Development Network has cautioned Belema Oil Producing Limited not to create fresh crises in Ogoni land. The Ogoni Community Development Network in a...