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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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FG offers additional N20.5 bn for completion of 35.7km Bonny-Bodo Road project by December 2024
April 25, 2024EnvironmentFinanceGasImpactNewsOil & GasSustainability

FG offers additional N20.5 bn for completion of 35.7km Bonny-Bodo Road project by December 2024

… “Accept offer or face contract termination” – Minister of Works warns Julius Berger   Oredola Adeola with agency reports   Following a halt in the completion of the 35.7km Bonny-Bodo Road project in Port Harcourt by Julius Berger Nigeria…

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President Tinubu reconstitutes 15-Man NEITI Board, appoints Akume as Chairman, NNPC GCEO, FIRS Chairman others as members
April 24, 2024Extractive IndustryImpactLocal ContentNewsOil & Gas

President Tinubu reconstitutes 15-Man NEITI Board, appoints Akume as Chairman, NNPC GCEO, FIRS Chairman others as members

  …confirms Dr. Orji’s 5-year single-term tenure, ending in February 2025   Oredola Adeola President Bola Tinubu has approved the reconstitution of a 15-man National Stakeholders’ Working Group (NSWG) for the Nigeria Extractive Industries Transparency Initiative (NEITI) with Sen. George…

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EKEDC wins Energy Times’ Disco of the Year 2023
April 23, 2024DistributionImpactNewsPower

EKEDC wins Energy Times’ Disco of the Year 2023

  Temitayo Ayoola   Eko Electricity Distribution Company (EKEDC) has been crowned the Distribution Company (Disco) of the year 2023, after outperforming its peers in several key performance indicators set by the Nigerian Electricity Regulatory Commission (NERC).   Babatunde Lasaki,…

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Ekiti State Govt takes over electricity market oversight from NERC
April 23, 2024ConcessionDistributionEnergy TransitionImpactNewsPower

Ekiti State Govt takes over electricity market oversight from NERC

… NERC orders Benin DisCo, Ibadan DisCo to establish subsidiaries for in-state electricity distribution in Ekiti State   Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has handed over the regulatory oversight of the electricity market in Ekiti State from…

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Vandalism of transmission towers surge, as TCN records 6 incidents in 5 months
April 23, 2024DistributionImpactNewsPowerSabotageTransmission

Vandalism of transmission towers surge, as TCN records 6 incidents in 5 months

  … vandals strike four towers along Jos-Gombe 330kV transmission line on Monday   …. third time’s the charm: Gombe’s connecting transmission line hit again   Oredola Adeola Nigeria has recorded a surge in incidents of vandalism of transmission lines,…

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NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution
April 22, 2024DownstreamEnergy TransitionGasImpactNewsOil & Gas

NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution

  Oredola Adeola   NIPCO Gas has been honoured with the title of Innovative Gas Company of the Year by Energy Times Newspaper, in recognition of the company’s pioneering initiatives in advancing the adoption of Compressed Natural Gas (CNG) and…

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 Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects
April 19, 2024DocumentaryGasImpactMidstreamNewsOilSustainability

 Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects

Oredola Adeola   Nigeria LNG (NLNG) has signed Memoranda of Understanding (MOUs) with the Federal Medical Centre Asaba for renovating and equipping Neonatal Wards and Intensive Care Unit, Abubakar Tafawa Balewa University Teaching Hospital Bauchi for constructing and equipping a…

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Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024
April 19, 2024EditorialFinanceGenerationImpactNews

Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024

… record soaring revenues, profits, strategic growth   Oredola Adeola   Amid Nigeria’s ongoing challenges within the power supply landscape, Geregu Power Plc and Transcorp Power Plc have demonstrated notable financial success in the first quarter (Q1) of 2024.  …

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Eko Disco proposes extension of 20hr power supply to Bands B-E, reaffirms commitment to delivering targets to band A customers
April 19, 2024DistributionImpactNewsPower

Eko Disco proposes extension of 20hr power supply to Bands B-E, reaffirms commitment to delivering targets to band A customers

…awaits NERC approval for migration of more customers to Band A …  reveals why paid customers remain unmetered, why prepaid payment link was disabled … Lasaki explains how EKEDC customers can participate in CSR initiatives   Oredola Adeola   The…

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Tinubu commends Dangote for Diesel price plunge from N1,600 to N1,000 per litre
April 18, 2024DownstreamImpactLocal ContentMaritimeMidstreamNewsOil & Gas

Tinubu commends Dangote for Diesel price plunge from N1,600 to N1,000 per litre

…lauds Dangote for discount of N30 per litre for purchases exceeding five million litres Oredola Adeola   President Bola Tinubu has lauded the remarkable initiative of Dangote Oil and Gas Limited for slashing the price of Automotive Gas Oil (diesel)…

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