The Generation companies in Nigeria have raised concern regarding the electricity tariff review scheduled to be effective on April 1. They had through their representative noted that the Nigerian Electricity Regulatory Commission (NERC) had not captured all the changes. Mrs Joy Ogaji, Executive Director of the Association of Power Generation Companies (APGC), the Umbrella body…
Electricity consumers on Monday opposed the planned tariff increment by Ikeja Electric (IE), demanding that 90 per cent of customers should be metered before any upward review of tariff. The customers also slammed the Nigerian Electricity Regulatory Commission (NERC) for failing to protect the interest of Nigerians who are still subjected to exploitative estimated bills…
Ahead of the April target for the likely introduction of new electricity tariffs, the Nigerian Electricity Regulatory Commission (NERC) has started nationwide consultations. According to a notice by the Chairman of the NERC, Prof. James Momoh, the consultations will hold from February 25 to March 11 in 12 locations nationwide. He said the NERC has…
Chairman House Committee on Power, Rep. Magaji Aliyu has said that the over 40 years Mambilla Power Project only existed on books and papers. Aliyu said this when the House of Representatives Committee on Power, paid an oversight visit to the Ministry of Power in Abuja on Monday. The Mambilla Hydroelectric Power Project is a…
A Lagos State High Court in Igbosere, has convicted and sentenced a businessman, Jideofor Franklin Akpa, to seven years imprisonment over alleged thirty million naira fraud. Justice K. A. Jose, who presided over the court also fined the convict’s company, International Maritime and Shipping Limited, the sum of ten million naira, after been found culpable…
The Nigerian Content Development and Monitoring Board (NCDMB), says it has recorded significant decrease in the number of expatriates working in oil and gas industries in the country. The Board which is one of the agencies under the Ministry of Petroleum Resources, attributed the trend to the adoption of effective monitoring and regulation mechanisms since…
Residents of 14 communities of Kolo Creek in Bayelsa, have appealed to the state government and the Niger Delta Joint Task Force to save them from the harmful effects of oil pollution. The Kolo Creek had been receiving crude as fallout of activities of illegal artisanal refiners with the worst polluted communities in recent times…
The Host Communities of Nigeria (Producing Oil & Gas) Itsekiri Chapter, HOSTCOM, has given the Group Managing Director of NNPC, Mele Kolo Kyari, two weeks from Monday February 24, to convene a meeting with stakeholders, so as to regularize the employment of its members and avert a breakdown of law and order. The affected HOSTCOM…
The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have signed a $1.16 million grant for the NNPC Abuja Independent Power Project. The signing of the agreement took place Tuesday morning at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja. The plant is designed to generate 1,350 megawatts…
