By Adedeji Adeyemi Fakorede The nation’s aggregate electricity need has been estimated at about 160,000 Mega Watts (MW) to satisfy the local electricity demand, even as...
The new electricity tariff as contained in the Multi-Year Tariff Order (MYTO) document is to begin by February 1, 2016, the Nigeria Electricity Regulatory Commission has...
…as local refineries hits 6.76m litres daily Following the decision of the Federal government to unbundled the Nigerian National Petroleum Corporation for optimum performance, President Muhammadu...
By SUNDAY ODIBASHI The Socialist Party of Nigeria (SPN) expressed its rejection of the Price Modulation policy of the Federal Government which led to the recent...
By ANDREW OJIEZEL Nigerian National Petroleum Corporation (NNPC), is owing Joint Venture (JV) partners, International Oil Companies (IOCs), $2.839 billion, about N567.76 billion, between January and...
Senate Leader Muhammed Ali Ndume has said that the proposed North East Development Commission (NEDCOM) before the National Assembly will function in the same capacity as...
Nigerians pay less than 40 per cent of the monthly bills given to them by their various electricity distribution companies, the power firms have said. According...
Three days after the Federal Government’s new pump price regime took effect, many petroleum marketers are yet to comply with the N86.50k benchmark due to shortage...
Most petrol stations in Badagry area of Lagos State still sell petrol at either N87 per litre or above as against the newly approved pump of...
The Sokoto Zonal Office of the Department of Petroleum Resources (DPR) said it constituted a three-man Task Force to enforce compliance with the new pump prices...