Commerce and Industry Correspondents Association of Nigeria (CICAN), Abuja Chapter, has stressed the need for Nigeria to unlock its underutilised potential in the non-oil sector. A statement issued by CICAN Chairman, Mr Frederick Idehai, on Sunday in Abuja said that the call became necessary in view of the need to reposition the country’s economy. Idehai…
Global players in the downstream petroleum industry will converge in Nigeria for the 13th Oil Trading and Logistics (OTL) Africa Downstream Week with focus on the evolving impact of Innovation and Technology on efficiency and margins in downstream operations. The annual conference, scheduled to take place from 27 to 30 October 2019 at the Lagos Oriental…
The Advisory Power Team, office of the Vice President said Electricity Generation Companies (GenCos), could not generate 2,751.5 megawatts (MW) of electricity on Sunday due to unavailability of distribution infrastructure. The GenCos comprise gas-fired and hydro stations. The Advisory Power Team stated this in its daily energy report, copy of which was obtained in Abuja…
The Nigerian Electricity Regulatory Commission (NERC) has directed Distribution Companies (DISCOs) and Meter Assets Providers (MAPs) to intensify effort in supplying meters to electricity consumers within their operational areas. Dr Moses Arigu, the Commissioner, Consumer Affairs, NERC, made this known at a Discos and Customers Care Forum, on Monday in Ikeja. Arigu said that the…
The Minister of Information and Culture, Alhaji Lai Mohammed, says the Federal Government is determined to end all forms of monopoly in broadcasting because it is detrimental to the actualization of the immense potential in the industry. The minister stated this on Sunday at a meeting with Online Publishers in Lagos. Mohammed recalled that he,…
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to deliver value across the entire value chain of the oil and gas industry for the benefit of Nigerians. NNPC Group Managing Director, Malam Mele Kyari ,gave the assurance in a statement signed by the Acting Spokesman for the corporation, Mr Samson Makoji, in Abuja,…
The Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 1,631.5 megawatts of electricity on Saturday due to unavailability of gas. This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained in Abuja on Sunday….
The Managing Director, Transmission Company of Nigeria (TCN), Alhaji Usman Gur says the Federal Government in collaboration with international donor agencies has set aside over 1.61 billion dollars to ensure constant power supply in the country. Gur, who is also the Chief Executive Officer of the TCN revealed this on Sunday in Kano while briefing…
The Federal Government said on Saturday that it was working to provide potable water for the Ogoni people in Rivers as recommended by the UN Environment Programme (UNEP) Report on Ogoniland Clean-up. Dr Mohammad Abubakar, the Minister of Environment, stated this while inspecting remediation sites in Eleme and Tai Local Government Areas (LGA) of the…
TO further expand its extensive portfolio of research collaboration with India’s universities, ExxonMobil has signed agreements with the Indian Institute of Technology locations in Madras and Bombay. The five-year agreements will focus on progressing research in biofuels and bio-products. The agreement will also target gas transport and conversion, climate and environment, and low-emissions technologies for…
