Oredola Adeola The Eko Electricity Distribution Company (EKEDC) has revealed that over one hundred transformers have fallen victim to acts of sabotage and theft, stating that each damaged unit costs approximately one million Nigerian Naira with even higher…
Oredola Adeola Mele Kyari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), has identified lack of investment in the energy sector due to uncertainty in the business environment and multiple taxation as impediments to…
Oredola Adeola Adebayo Adelabu, Minister of Power has revealed that power generation companies (GenCos) are losing almost half of their supplied electricity due to theft, inefficiencies in billing and collection processes, resulting in a staggering NGN1.6 trillion shortfall in…
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has provided a portal to empower customers who were overbilled by eleven (11) electricity distribution companies (DisCos) between January and September 2023, to ascertain their energy refund balance. This…
Oredola Adeola A fire explosion, triggered by a faulty head cap of a Liquified Petroleum Gas (cooking gas) cylinder, engulfed eighteen (18) shops at Agbado Road, Toyin Bus stop, Iju Ishaga, Lagos State, after six numbers of 75-50(kg) gas…
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has placed a heavy sanction on all eleven electricity Distribution Companies (DisCos) with a total fine of N10.5 billion for failing to comply with the monthly capping of estimated bills, to…
Oredola Adeola The Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) has agreed to partner with the Nigeria Extractive Industries Transparency Initiative (NEITI) to leverage the findings and recommendations contained in its oil & gas and extractive…
Oredola Adeola Following the Federal Government’s failure to implement the 16-point agreement agreed on October 2, 2023, the Nigeria Labour Congress and the Trade Union Congress have given the federal government two weeks to commence the implementation of…
Oredola Adeola The world’s first climate-focused guarantee company, the Green Guarantee Company (GGC), has been launched by the Nigeria Sovereign Investment Authority (NSIA) alongside the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO) through its MOBILIST Global programme,…
Oredola Adeola The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, will host President Bola Tinubu including H.E Haitham Al Ghais,…
