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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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Africa Gas Innovation Summit, 2024 sets to hold in Abuja, June 13-14
June 10, 2024DownstreamGasMidstreamNews

Africa Gas Innovation Summit, 2024 sets to hold in Abuja, June 13-14

… industry leaders, policymakers, entrepreneurs convene to foster energy-based research, technological advancements   Oredola Adeola   The inaugural edition of Africa Gas Innovation Summit (AGIS 2024) is set to take place in Abuja from June 13-14, 2024, bringing together industry…

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Tinubu unveils climate change strategy, sacks Dr. Dahiru, appoints Dr. Maduekwe as NCCC interim DG
June 10, 2024Energy TransitionEnvironmentGreen FinanceImpactNewsTechnology

Tinubu unveils climate change strategy, sacks Dr. Dahiru, appoints Dr. Maduekwe as NCCC interim DG

  … establishes SPEC to lead negotiations, align carbon market initiatives with Nigeria’s plans … appoints special envoy office, expanded Committee … hires experts to drive financial, technological aspects of climate action   Oredola Adeola   President Bola Tinubu has…

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DisCos to utilize N20bn Metering Acquisition Fund for unmetered Band A customers
June 10, 2024DistributionNewsPower

DisCos to utilize N20bn Metering Acquisition Fund for unmetered Band A customers

… fund accrues from portion of revenue generated by DisCos since 2023 … 20 percent of Band A customers remain unmetered -NERC … 7,420,742 electricity customers unmetered   Oredola Adeola   Eleven Nigerian electricity distribution companies (DisCos) are set to…

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FG to deploy 11.5 m prepaid meters in five years – Adelabu assures
June 7, 2024DistributionEnergy TransitionGasGenerationNewsPowerTransmission

FG to deploy 11.5 m prepaid meters in five years – Adelabu assures

  Oredola Adeola The Federal Government has launched a framework to inject a total of 11.5 million prepaid meters over the next five years to ensure accurate billing, reducing revenue loss and improving cash flow for a more liquid power…

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FG identifies 300 MMscfd Kwale gas facility in Delta State as key to Decade of Gas plan
June 7, 2024News

FG identifies 300 MMscfd Kwale gas facility in Delta State as key to Decade of Gas plan

…. KGG contributes to Nigeria’s flare-out targets – Engr.Ogbe said   Oredola Adeola   The Federal Government has spotlighted the 300 MMscfd Kwale Gas Gathering (KGG) and injection facility in Delta State’s Umusam Community as a pivotal project in its…

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Eko DisCo to end estimated billings, expedites installation of prepaid meters for customers under MAP scheme
June 7, 2024DistributionNewsPower

Eko DisCo to end estimated billings, expedites installation of prepaid meters for customers under MAP scheme

… prioritises installation for paid customers … mandates MAP vendors to maintain substantial meter stock before accepting customer payments   Oredola Adeola Eko Electricity Distribution Company (EKEDC) has announced plans to expedite the installation of prepaid meters for customers who…

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IBEDC Acting MD, Agoha urges caution around electrical installations during rainy season
June 6, 2024DistributionNewsPower

IBEDC Acting MD, Agoha urges caution around electrical installations during rainy season

Oredola Adeola   Engr. Francis Agoha, Acting Managing Director of Ibadan Electricity Distribution Company (IBEDC), has appealed to customers to exercise caution around electrical installations as the rainy season continues.   Busolami Tunwase, IBEDC’s spokesperson made this known in a…

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FG dismisses leaked document on N5.4 trn petrol subsidy allocation for 2024
June 6, 2024DownstreamNewsOil & Gas

FG dismisses leaked document on N5.4 trn petrol subsidy allocation for 2024

  … reveals documents on fiscal policy proposal not official …fuel subsidy regime has ended -Minister of Finance   Oredola Adeola   The Federal Government has dismissed rumours sparked by a leaked document suggesting that N5.4 trillion has been earmarked…

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Kaduna Electric upgrades 18 feeders to Band A, increases total to 55, despite energy theft concerns
June 6, 2024DistributionNewsPower

Kaduna Electric upgrades 18 feeders to Band A, increases total to 55, despite energy theft concerns

Oredola Adeola   Kaduna Electric increased the number of BAND A feeders receiving 20 hours of power supply daily, from 37 to 55, following the upgrade of 18 additional feeders, including one 11KV feeder and seventeen 33KV feeders.   The…

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NALPGAM commends Ekpo for 25% drop in prices of cooking gas
June 5, 2024DownstreamGasImpactLocal ContentMidstreamNewsOil & Gas

NALPGAM commends Ekpo for 25% drop in prices of cooking gas

  … confirms  ex-depot prices down from N20m to N15m per 20MT, retail prices drop to N900/kg   Oredola Adeola   The Nigerian Association of Liquefied Petroleum Gas Marketers(NALPGAM) has lauded the efforts of Rt. Hon. Ekperikpe Ekpo, Minister of…

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