Mrs Ifeoma Malo, the Chief Executive Officer of Clean Technology Hub, an energy innovation Centre has urged the Federal Government to harness renewable energy resources to address challenges in the power sector. The renewable energy is from a source that is not depleted when used, and is naturally replenished on a human timescale such as…
Some stakeholders in the power sector says to revamped the sector, there need for the Federal Government to provide financial incentives for on grid solar and encouraged more mini-grids in the industry. They spoke in separate interviews with TBI Africa team on Wednesday in Lagos against the backdrop of how government can revive the power…
Within a one-year period covering August 2018 to July this year, the country earned a total of N5.37tn from oil, figures obtained from the Central Bank of Nigeria have revealed. The amount is contained in the economic report of the CBN for the month of July, a copy of which was obtained by our correspondent…
L-R: Mr. Abdurahman Sikiru, Head Laboratory services, DPR, Dr. Musa Zagi Deputy Director/Head HSE DPR, Mr. Paul Osu, Head Public Affairs, DPR during the opening of the exhibition stand at the DPR 3rd oil and gas industry laboratory stakeholders workshop In ensuring industry ethical standard and best practices, the Acting Director of Department of…
Members of the Edo State Civil Society of Organisations (EDOSCO) on Tuesday staged a protest against the claim by the management of the Benin Electricity Distribution Company (BEDC) that it had distributed 190, 000 meters to customers in the state. The group who protested around the city centre, alleged that the claim by the utility…
Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains. Brent crude futures LCOc1 rose 57 cents to 59.82 dollars a barrel by 0852 GMT, while U.S. West Texas Intermediate crude…
The President, Nigerian Gas Association (NGA), Mrs Audrey Joe-Ezigbo, says production of gas remains the key to unlocking Nigeria’s economic potentials. Joe-Ezigbo made the assertion in an exclusive interview with TBI Africa team on Tuesday in Lagos while appraising the performance of the oil and gas industry as Nigeria marks her 59th Independence Anniversary. The…
A Renewable Energy Expert, Mr Yusuf Suleiman, has called on the Federal Government to reduce taxes and import duties on solar products to promote alternative power supply. Suleiman, who is the Chief Executive Officer (CEO), Blue Camel Energy, made the call in in Abuja on Monday. He said that government policy on import duty on…
Minister of State Power, Mr Goddy Jedy-Agba, says the Federal Government will collaborate with Norway to boost power supply in the country. Jedy –Agba said this in Abuja on Monday when the Royal Norwegian Ambassador, Mr Jens–Petter Kjemprud, visited the Ministry of Power in Abuja on Monday. He said that Norway was a positive power…
French oil major, Total, says it has completed the acquisition of Anadarko’s 26.5 per cent stake in Mozambique’s Liquefied Natural Gas (LNG) project for $3.9 billion. Total Chairman and Chief Executive Officer, Patrick Pouyanne, said in Paris that it acquired the stake because “Mozambique LNG is a one of a kind asset that perfectly fits…
