Olatunde Dodondawa, Lagos There are strong indications that Nigerians will pay more for electricity from April 2020 following a directive by the Nigerian Electricity Regulatory Commission (NERC) which ordered a tariff review effective to achieve a cost-reflective tariff in the power sector. According to NERC, effective from January 1, 2020, […]
Energy
NLNG Train 7: NNPC, Partners Take Final Investment Decision
The Nigerian National Petroleum Corporation (NNPC and its investment partners, Shell, Total and ENI, have taken the Final Investment Decision (FID) to go ahead with the construction of Train 7 of the Nigeria Liquefied Natural Gas (NLNG). Announcing the development Friday at the NLNG Headquarters Annex in Abuja, a visibly […]
How Nigeria squandered N8.4trillion on fuel subsidy in 10 years
Olatunde Dodondawa | Lagos Nigeria is the 10th largest producer of crude in the world with capacity to produce 2.5million barrels per day, it has the 10th largest crude oil reserves in the world with 36billion barrels in proven reserves, it has the 9th largest proven gas reserves estimated […]
DPR assures stakeholders of promoting compliance in sector
The Oil and Gas sector regulator in Nigeria, the Department of Petroleum Resources (DPR), has assured stakeholders in the sector of promoting adequate compliance in the sector for the good of the country. The Acting Director of DPR, Ahmad Rufai Shakur, stated that DPR has the statutory responsibility of […]
NNPC GMD, DPR Director, others to speak at NAEC Conference
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, is to lead other team of discussants to x-ray topical issues in oil and gas industry at the 2019 edition of the Association of Energy Correspondents of Nigeria (NAEC) annual conference. The event, which […]
Mele Kyari Tasks Industry Players on Reserve Growth, Timely Resolutions of Contractual Issues
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on oil and gas industry players in the country to support the national oil company to achieve the national aspiration to grow crude oil reserve to 40 billion barrels and boost oil production to […]
NNPC Boss tasks NAEC on performance monitoring
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has urged the Association of Energy Correspondents of Nigeria (NAEC) on performance monitoring of the corporation. Mele noted that this will bolster the corporation’s confidence in delivering its mandate to the Nigerian public. The Group Managing Director gave […]
NLNG Steps up Effort to Resuscitate Nigeria’s Power Sector
The Nigeria Liquefied Natural Gas (NLNG) Limited said it is taking all necessary steps in line with government’s aspirations to rejuvenate the nation’s electricity sector which is key to its economic transformation agenda. The NLNG said it is not undertaking the journey alone but rather it is building strong partnership […]
Disregard fuel price hike rumor-NNPC
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike in the pump price of Premium Motor Spirit (PMS), otherwise called petrol, saying the statement of the corporation’s Group Managing Director, Mallam Mele Kyari, at the National Assembly […]
‘I’m willing to do more’ – Baru
By Olatunde Dodondawa The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, has affirmed that he is willing and ready to do more if given the opportunity to serve his dear country, Nigeria. Speaking to journalists on the sideline of the 2019 Annual Lecture […]
