The spread of the coronavirus pandemic has disrupted the local assembly of meters for supply to electricity customers under the Meter Asset Provider Regulations, the Nigerian Electricity Regulatory Commission has said. NERC had on March 8, 2018 approved the MAP regulations, aimed at fast-tracking the closure of the metering gap in the sector through the…
The Organisation of Petroleum Exporting Countries (OPEC) has delayed a meeting aimed at ending the oil price war, as Riyadh and Moscow trade barbs about who’s to blame for the collapse in oil prices. The alliance is tentatively aiming to hold the virtual gathering on April 9 instead of today, as it previously intended, a…
The Agbado/Oke Odo Unit of the Nigeria Security and Civil Defence Corps (NSCDC) says it averted an oil pipeline explosion in the Aboru, Agbado/Oke Odo Local Council Development Area (LCDA), Lagos State. The commander, Mr Malik Ojetola, said in a statement on Sunday that the unit received a distress call from the Community Development Association…
The Chairman/Chief Executive Officer, Momas Electricity Meters Manufacturing Company Limited, Mr Kola Balogun, in this interview with ’FEMI ASU, speaks on customer metering in the power sector and the challenges facing local meter producers, among other issues The Meter Asset Providers Regulation was introduced in 2018 and the regulator directed that meter rollout should commence…
Residents of border communities in Baruten Local Government Area of Kwara have urged the Nigerian National Petroleum Corporation (NNPC) to build retail outlets to solve the problem of fuel scarcity in the area. The residents said on Saturday that the retail outlets would put an end to indiscriminate hike in the price of Premium Motor…
The Nigerian Shippers’ Council (NSC) says it has been engaging the Port Health Services to ensure that port users and all Nigerians are protected from the coronavirus. The Executive Secretary of NSC, Mr Hassan Bello, in a statement in Lagos on Saturday, said that the engagement was important, as essential goods make their way into…
The Nigerian National Petroleum Corporation (NNPC) and its partners have donated 250 bed space and five ambulances to support Federal Government’s efforts in containing the Coronavirus (COVID-19) pandemic. ThisDay Dome at the Central Business District is one of the facilities that will accommodate 190-bed space and NNPC facility in Utako will accommodate 60 beds. The…
Google has said it is providing $6.5 million in funding to fact-checkers and nonprofit organisations that are fighting against misinformation around the world about COVID-19 spread. Google said the funds would help address the challenge of the ongoing spread of misinformation related to the Coronavirus pandemic. Through its Google News Initiative (GNI), Google is providing…
As part of efforts to enhance the fight against Coronavirus in the country, Airtel Nigeria, has announced a commitment of over N1.9B. Providing a breakdown of the pledged sum, Airtel said N200m will go towards provision of an Isolation Center or any required Medical Facility agreed with the appropriate Health Authority in the Country, another…
Chevron Corporation has announced the cutting of its 2020 capital budget by 20 per cent to $4 billion as part of its response to a significant drop in revenue due to the spread of Coronavirus. “With an industry leading balance sheet and a flexible capital program, we believe Chevron is resilient and positioned to withstand…
