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  • Dangote refinery raises petrol gantry price to N799, as MRS retail pump price increases to N839 per litre
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  • Jake Riley, NCDMB empower 250 youths in Lagos with skills, starter packs across seven vocational sectors
  • REA, Lotus Bank partner to establish standalone DARES financing facility for solar energy developers

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Nigeria’s oil reserve hits 37.50 billion barrels, as natural gas reserve surges to 209.26 TCF
April 16, 2024Extractive IndustryMidstreamNewsOil & GasUpstream

Nigeria’s oil reserve hits 37.50 billion barrels, as natural gas reserve surges to 209.26 TCF

  Oredola Adeola   Nigeria’s oil + condensate reserve has grown to 37.50 billion barrels, while the total natural gas (associated and non-associated) reserve has surged to 209.26 Trillion Cubic Feet (TCF) as of January 2024, the Nigerian Upstream Petroleum Regulatory…

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NDDC sets April deadline for Inauguration of 132/33kv sub-station in Ode-Erinje, Okitipupa
April 15, 2024DistributionImpactNewsPowerTransmission

NDDC sets April deadline for Inauguration of 132/33kv sub-station in Ode-Erinje, Okitipupa

…ends 15-yr blackout in 5 LGAs in Ondo South Oredola Adeola The Niger Delta Development Commission (NDDC) has revealed the plan to commission a 132/33kv electricity sub-station in Ode-Erinje, Okitipupa Local Government Area of Ondo State, later in April, aiming to…

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National grid collapses for 7th time in 2024, as supply drops to 0MW
April 15, 2024DistributionNewsPowerTransmission

National grid collapses for 7th time in 2024, as supply drops to 0MW

… makes gradual recovery from 64.7MW around 3am to 880MW at Monday noon …TCN blames collapse on fire incident at Afam Power generating station   Oredola Adeola The national electricity grid suffered its seventh grid collapse in 2024, around 2:00…

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SPDC deploys Uncrewed Surface Vessel (USV) for pipeline route survey in Niger Delta
April 15, 2024AdvertorialImpactLocal ContentMaritimeNewsOil & GasTechnologyUpstream

SPDC deploys Uncrewed Surface Vessel (USV) for pipeline route survey in Niger Delta

  … reduces risks to personnel, environment … cuts costs, time,   Oredola Adeola   Shell Petroleum Development Company of Nigeria Ltd (SPDC) has recently deployed Accession 500, an Uncrewed Surface Vessel (USV) for a pipeline route survey in the Niger…

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NIPCO Gas to develop 35 CNG stations, offers autoCNG at N200-N230/scm against PMS prices of N610-N670/ltr in Lagos, Abuja
April 15, 2024DownstreamGasGreen FinanceMidstreamNewsOil & Gas

NIPCO Gas to develop 35 CNG stations, offers autoCNG at N200-N230/scm against PMS prices of N610-N670/ltr in Lagos, Abuja

… sets to complete 4 CNG stations in Lagos by May …  to expand gas transportation pipeline to Ibadan, distribution network in Lekki Free Zone .. applauds FG/NNPC for confidence in NIPCO’s expertise to revolutionize CNG infrastructure nationwide   NIPCO…

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Ikeja Electric expands Band A feeders from 51 to 85, guarantees minimum of 20hrs daily supply 
April 13, 2024DistributionNewsPower

Ikeja Electric expands Band A feeders from 51 to 85, guarantees minimum of 20hrs daily supply 

… breakdown of Band A Feeders: 51 at 11kV, 31 at 33kV, and 3 at 132kV   Oredola Adeola   The Ikeja Electric has obtained the approval of Nigerian Electricity Regulatory Commission (NERC) to incorporate 34 new Band A feeders…

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IBEDC disciplines personnel over misrepresentation of power failure on Band A feeders to TCN
April 13, 2024DistributionNewsPowerTransmission

IBEDC disciplines personnel over misrepresentation of power failure on Band A feeders to TCN

  Oredola Adeola   The Ibadan Electricity Distribution Company (IBEDC) has taken disciplinary action against its personnel involved in misrepresenting the company’s failure to meet estimated power supply for Band A feeders on April 9, 2024, to the Transmission Company…

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More EKEDC customers to enjoy 20hrs of power supply, as NERC approves migration of 33 additional feeders to Band A
April 12, 2024DistributionNewsPower

More EKEDC customers to enjoy 20hrs of power supply, as NERC approves migration of 33 additional feeders to Band A

… brings total Band A feeders under Eko DisCo to 54 Oredola Adeola   The Nigerian Electricity Regulatory Commission has approved thirty-three (33) additional Band A feeders for the Eko Electricity Distribution Company (EKEDC), bringing the total number of Band…

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 TCN denies responsibility for IBEDC’s unmet hours of supply for Band A feeders on April 9
April 12, 2024DistributionNewsPowerTransmission

 TCN denies responsibility for IBEDC’s unmet hours of supply for Band A feeders on April 9

…  attributes actual cause to earth/over current faults on IBEDC feeders   Oredola Adeola   The Transmission Company of Nigeria (TCN) has blamed the Ibadan Electricity Distribution Company’s failure to meet its estimated power supply for Band A feeders on…

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Electricity tariff hike: Adelabu apologises for ‘Freezer/AC’ comments, says  “I didn’t mean to insult Nigerians 
April 12, 2024DistributionNewsPower

Electricity tariff hike: Adelabu apologises for ‘Freezer/AC’ comments, says  “I didn’t mean to insult Nigerians 

…  “Freezer advice was a comical illustration, not an insult” – Power Minister   Minister of Power, Chief Adebayo Adelabu, issued an apology to Nigerians for his recent remarks criticizing individuals who leave their freezers running and air conditioners continuously…

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