During his outlook for the energy sector last month, the Minister of State for Petroleum Resources, Mr Timipre Sylva, declared that 2020 would be the year of Gas for Nigeria. To kick start this, the country is set to host the third annual Nigeria International Petroleum Summit (NIPS) from February 9 – 12, 2020 in…
•As govt seeks cost reflective tariff to facilitate mutual benefits to investors, consumers The Minister of Power, Engr. Sale Mamman, has said that the N1.684 trillion outstanding receivable owed the power generation companies (Gencos) is a key challenge in the sector, saying this is a major source of concern to the federal government. Mamman also…
A legal practitioner, Mr Bright Uche, has appealed to the Nigerian Electricity Regulatory Commission (NERC), Transmission Company of Nigeria (TCN) and Enugu Electricity Distribution Company (EEDC) to restore power supply to Afikpo community in Ebonyi. Uche on Sunday in Abuja said that Afikpo North and South had been without power supply for over five years….
NIPCO Plc, an integrated oil and gas company in the nation’s hydrocarbon industry has approved the appointment of new helmsmen to drive company’s operations and expansion, naming Suresh Kumar as managing director with effect from February 1, 2020. The Assistant General Manager, Corporate Affairs of the company, Alhaji Lawal Taofeek made the disclosure in a…
The Minister of State for Power, Prince Goddy Agba, has assured authorities of Obafemi Awolowo University, Ile-Ife, that 8.05 Megawatts power Project embarked on by the Federal Government would soon be completed. Agba gave the assurance during his inspection of the power project at Obafemi Awolowo University, Ile-Ife, on Saturday. He said the project was…
The Eko Electricity Distribution Company (EKEDC) has assured its customers in Agbara and Badagry communities of improved electricity supply. Mr Adeoye Fadeyibi gave the assurance at the Customer Engagement and Town Hall Meeting held in Agbara with customers and community leader representatives on Saturday. Fadeyibi , who was represented by Mr Joseph Esenwa, the company’s…
… As vandalism of corporation’s pipeline infrastructure rises to 94 per cent The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in November last year increased by 16.53 per cent to 645mmscfd, equivalent to power generation of 2,178MW. Comparatively, the October 2019 gas supply to power…
Most of the petroleum stations in Badagry communities have closed as the National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) suspended distribution of fuel to the city. Mr Tayo Aboyeji, Chairman, South-West Chapter of the union said in Badagry that the suspension was due to harassment and molestation of its members by…
Kano Electricity Distribution Company Plc (KEDCO) has said its target is to provide pre-paid meters to 594,309 customers under its operational territory by 2022. The Disco, which covers Kano, Katsina and Jigawa States, gave the projection in its 2020 to 2024 Performance Improvement Plan (PIP) presented to the Nigerian Electricity Regulatory Commission (NERC). A copy…
Huawei is expected to launch its Digital Oilfield IOT Solution NIPS2020. Nigeria is one of the largest and oldest oil producers in Africa. The oil and gas sector is one of the most important sectors in the country’s economy, accounting for more than 90% of the country’s exports and 80% of the Federal Government’s revenue….
