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Monitoring framework in 2025: NERC sets 75% complaint resolution target for DisCos 
January 8, 2025DistributionNewsPower

Monitoring framework in 2025: NERC sets 75% complaint resolution target for DisCos 

… up from average 26.77% achieved by DisCos in 2024 … NERC’s updated enforcement framework to take effect from Q1 2025   Oredola Adeola With an estimated average resolution rate of 26.77% achieved in 2024, the Nigerian Electricity Regulatory Commission…

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Ikeja Electric intensifies legal actions against vandalism, commits to improved service delivery in 2025
January 7, 2025DistributionNewsPowerSabotage

Ikeja Electric intensifies legal actions against vandalism, commits to improved service delivery in 2025

… as two alleged energy thieves in Ikorodu were charged to court   Oredola Adeola In a bid to enhance efficient service delivery in 2025, Ikeja Electric has intensified legal actions against the surge in vandalism of its installations across…

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How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round
January 3, 2025DocumentaryFeatureGasNewsSpecial ReportSustainabilityUpstream

How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round

By op-ed by Mohammed Musa There were indications that the just-concluded Nigeria’s 2024 Oil Licensing Round, organized by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, regulator of the upstream petroleum sector, was very successful. The reasons were not farfetched. First,…

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NNPC launches 24/7 oil, gas monitoring command centre to drive 2 mbpd target
December 26, 2024DocumentaryImpactMidstreamNewsOil & GasSpecial ReportTechnologyUpstream

NNPC launches 24/7 oil, gas monitoring command centre to drive 2 mbpd target

… embarks on real-time tracking of hydrocarbon molecules from production to export terminals Oredola Adeola With a strategic focus on achieving a 2 million bpd production target, NNPC Ltd has unveiled a 24/7 Production Monitoring Command Centre (PMCC) to enable…

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Lagos State govt. constitutes 5-member electricity regulatory commission board
December 24, 2024DistributionEnergy TransitionGenerationNewsPowerSustainabilityTransmission

Lagos State govt. constitutes 5-member electricity regulatory commission board

… appoints Engr. Odubiyi, former NERC Commissioner, as Chair   Oredola Adeola   The Lagos State Government has approved a five-member board for the Lagos State Electricity Regulatory Commission (LASERC), chaired by Abimbola Odubiyi, to oversee and regulate electricity market…

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IBEDC assures stable power supply, swift fault resolution during Christmas holidays
December 24, 2024DistributionNewsPower

IBEDC assures stable power supply, swift fault resolution during Christmas holidays

Engr. Agoha, IBEDC MD warns against energy theft, urges customers to report suspicious activities Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) Plc has implemented measures to ensure network stability, swift fault resolution, and uninterrupted power supply to meet customer…

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Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis
December 23, 2024DistributionFinanceGasGenerationImpactNewsPowerSpecial ProjectTransmission

Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis

… ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households … activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply Industry (NESI) is grappling with persistent financial instability, largely driven…

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EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA
December 22, 2024DistributionImpactNewsPower

EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA

…with commissioning of 1x75MVA transformer at Lekki …more supply to New Maroko, Cheview Estate, Lekki, surrounding areas   Oredola Adeola   The Transmission Company of Nigeria (TCN) has successfully commissioned a 1×60/75 MVA 132/33KV power transformer at the 330/132/33kV Lekki…

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NNPCL cuts petrol ex-depot price from ₦1,020 to ₦899, sparks price war among oil marketers
December 21, 2024DownstreamNewsOil & Gas

NNPCL cuts petrol ex-depot price from ₦1,020 to ₦899, sparks price war among oil marketers

“Petrol price reduction reflects response to deregulation, increased industry competition”- PETROAN PRO   PETROAN President commends NNPC, praises Dangote Refinery for stimulating downstream sector competition   Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in…

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Dangote Refinery partners with MRS to sell petrol at ₦935/L, nationwide
December 21, 2024DownstreamMidstreamNewsUpstream

Dangote Refinery partners with MRS to sell petrol at ₦935/L, nationwide

… reduces ex-depot price from ₦970 to ₦899.50 …new petrol pricing launches in Lagos, nationwide rollout begins Monday … Dangote attributes petrol price drop to Tinubu’s Naira-for-Crude swap deal Oredola Adeola The Dangote Refinery has announced a partnership with MRS…

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