By Ikenna Omeje The Transmission Company of Nigeria (TCN) has successfully transmitted all-time peak of 5,584.40MW recorded by the power sector on Thursday, January 7th 2021. According to TCN, “This is 24 hours after the previous peak of 5,552.80MW was recorded on Wednesday January 6th, 2021 at 20:15hrs that was equally transmitted.” The January 6th and…
BonnyLight Energy and Offshore Limited has announced the supply of 20,000.00 MT of Premium Automotive Gas Oil (popularly known as diesel) into the Nigerian market. The Sun reports that the product lifted from Amsterdam, Netherland is poised to wet the company’s tank farms strategically located to serve key markets situated across the region through its…
By Mordi chukwunonso Esther The Federal Government has urged operators in Nigeria’s downstream sector of the petroleum industry to shift to Autogas. The call becomes necessary as Autogas is cheaper, about 60 per cent of the current price of petrol, which price could have hit the roofs at about N181.53 per litre, without government intervention…
By Mordi chukwunonso Esther The Governor of Delta State, Ifeanyi Okowa, on Friday rejoiced with the Group Managing Director of the Nigerian National Petroleum Corporation, Malam Mele Kyari, on his 56th birthday. In a statement signed by the Chief Press Secretary, Olisa Ifeajika, the Governor commended the effort of the GMD in achieving great reforms…
By Mordi chukwunonso Esther President Muhammadu Buhari has reiterated his commitment to lift 100million Nigerians out of poverty. Last year, President Muhammadu Buhari administration had revealed its plan to lift 100m Nigerians out of poverty over the next ten years. The President had also assured Nigerians that his administration would close the gap between the different…
By Mordi Chukwunonso Esther The Ministry of Youth and Sports Development through the Nigeria Youth Investment Fund (NYIF) has disbursed N165.7 million to 239 beneficiaries.The ministry said it is processing over three million applications so far received. The Fund, approved by the Federal Executive Council on July 22, 2020, is being implemented in partnership with…
By Mordi chukwunonso Esther The federal government through the ministry of petroleum resources has cautioned South Africa based Metallon Corporation on its bid to take over the management of Lekoil. In a letter signed by Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, described the move as illegal. This came hours to an Extraordinary…
By Mordi chukwunonso Esther Nyesom Ezenwo Wike, Rivers state governor has said that the federal government has been playing politics with the cleanup and remediation of Ogoni environment, recommended by the United Nations Environment Programme, UNEP. The governor stated this during the commissioning of the 16.06 kilometers dual carriage Saakpenwa-Bori Road, inaugurated by the Governor…
By Mordi chukwunonso Esther The Rivers State Government and the National Oil Spill Detection and Response Agency have said they will investigate the gas pipeline explosion, which shattered the serenity of Oduoha and Elibrada communities in the Emohua Local Government Area of the state on Wednesday. Sources told punch news that the rupture occurred around…
By Mordi chukwunonso Esther A tanker conveying Premium Motor Spirit (PMS) on Thursday morning rolled over and burst into flames on the Oshodi-Apapa Expressway, Lagos causing panic among commuters plying the route. Mr Ibrahim Farinloye, Acting Zonal Coordinator, South West Zonal Office, NEMA, confirmed the development in Lagos. Farinloye said the incident occurred about 9.15a.m.,…