Babatunde Fashola, Nigeria’s Minister of Power, Works and Housing, says the Ministry of Power, under his leadership will not cancel power privatisation on any grounds. Aliko...
By ODUNEWU SEGUN revenue shortfall may hit N1trillion by end of 2016 BURDENED by mounting debts and inability to secure required component spare parts, electricity generating...
By PATRICK ODEY, Uyo Angry youths from Esit-Eket have given oil giant, ExxonMobil, seven days ultimatum to address all issues contained in the Memorandum of Understanding...
Ibe Kachikwu, minister of state for petroleum resources, says the federal government will review its current pricing template before it can implement any increase in fuel...
There are indications that due to the militancy in the Niger Delta region that has reduced Nigeria’s oil production, the Nigerian National Petroleum Corporation (NNPC) unveiled...
Nigeria’s oil production has fallen by at least 200,000 barrels per day (bpd) since a militant attack forced the closure of the major Trans Forcados Pipeline...
The Nigerian National Petroleum Corporation (NNPC) has again reported on its website a month-end trading deficit of N11.22 billion in August. The corporation had posted a...
Babatunde Fashola, minister of power, works and housing, has blamed Nigerian engineers for creating the vacuum that makes the federal government patronise foreign contractors. Fashola said...
The Association of Nigerian Electricity Distributors, ANED, on Tuesday projected that the electricity market revenue would record N809.8 billion shortfall by December. Sunday Oduntan, the Executive...
The bombing of Chevron Escravos export pipeline in Warri, Delta State which supplies gas from Escravos region to Egbin power station in Lagos may threatened...