The Senate has mandated its Public Accounts Committee to investigate the alleged mismanagement of N50 billion realised from the sale of Egbin, Omotosho and Olorunsogo power plants in 2013 by the Nigerian Bulk Electricity Trading Plc (NBET). The decision to probe the transaction, according the Chairman of the committee, Senator Matthew Urhoghide, was based on…
By Ikenna Omeje The Enugu Electricity Distribution Company (EEDC) has commenced mass meter roll-out to its customers, in accordance with the National Mass Metering Programme (NMMP), an initiative of the Federal Government of Nigeria designed to ensure speedy deployment of meters to electricity customers, as a conscious way of closing the identified metering gap in the…
In its commitment to build rail infrastructure for easy movement of goods and people, the Federal Government is to partly fund six rail projects connecting virtually all regions of the country with a counterpart funding of N71.15bn this year. Also, N15.1bn will be spent on the development of safety and security critical projects, airport certification,…
Nexford University, an American licensed online university based headquartered in Washington DC, has announced the launch of online undergraduate and masters degree programs for the global energy industry — with the objective of filling the skill gaps many energy companies have, whilst advancing digital technologies on projects. Nexford offers a wide range of Bachelor and…
The Lagos State Government has signed a Memorandum of Understanding (MoU) with the British Government funded Africa Clean Energy Technical Assistance Facility (ACE TAF), programme in efforts to improve off-grid energy access in Lagos. The ACE TAF is a four-year programme being implemented by Tetra Tech International Development, and funded by the UK Government Foreign,…
President Muhammadu Buhari on Thursday inaugurated the National Oil and Gas Excellence Centre (NOGEC) Lagos, aimed at strengthening Nigeria’s position as a regional leader in the oil and gas industry. The News Agency of Nigeria (NAN) reports that Buhari said the establishment of NOGEC, situated at the Lagos Annex of the Department of Petroleum Resources…
Mordi chukwunonso Esther Italian prosecutors have asked a Milan court for documents sourced from JP Morgan Chase, a United States investment bank, to be filed as part of a corruption trial over the acquisition of OPL 245 in Nigeria by two oil giants — Eni and Shell. The long-running graft case revolves around the purchase…
Mordi chukwunonso EstherThe Department of Petroleum Resources has warned those who indulge in illegal sale of Liquefied Petroleum Gas and other sharp practices to desist from such henceforth. It said ‘black market’ gas distribution was a serious danger to the gas sector. In a report by punch news, Operations Controller, DPR, Warri Zonal Office, Mr…
Daniel Terungwa President Muhammadu Buhari has cancelled the controversial Secure Anchorage Area (SAA) contract handled by Ocean Marine Solutions Limited (OMSL). This is according to a report from THISDAY newspaper stating that an undisclosed but reliable government official revealed that the president has agreed with long-standing security concerns expressed about the deal by senior…
Mordi chukwunonso Esther The Nigeria Liquefied Natural Gas Limited (NLNG) has denied ownership of the affected gas pipeline that exploded in Elibrada community, Emohua local government area of Rivers state, two weeks ago. on Wednesday 6th January 2021, a gas pipeline explosion rocked Rivers State, creating heavy impact on the environment and causing residents of Elibrada…