Category: Energy and Power
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Obaseki unveils plan to facilitate steady power supply in Edo state
The Edo State Governor, Mr. Godwin Obaseki, has revealed the state government’s plans to strategically develop industrial layouts away from residential areas to ensure proportionate power supply to help actualize the state’s developmental plans. Obaseki disclosed this during an interview with journalists in Benin City, Edo State capital. According to him, “We have developed plans…
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OML 42 sales: Shell files criminal complaint against ex-employee
Royal Dutch Shell has filed a criminal complaint against a former employee over suspected bribes in the sale of a Nigerian onshore oilfield in 2011, shedding more light on the company’s activities in the country. The suspected wrongdoing is unrelated to a court case against the Anglo-Dutch company and Eni in Italy over the acquisition…
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Light bill: Reps move to curb excessive charges
The House of Representatives on Thursday said it would meet with Community Development Associations (CDAs) in different geo-political zones in the course of its Ad Hoc Committee assignment, to curb excessive electricity charges. Chairman of the committee, Rep. Ajibola Famurewa (Osun-APC), who made the assertion at the inaugural meeting of the committee, said excessive electricity…
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FG concludes regulations on new class of meter suppliers
The Federal Government says that the Nigerian Electricity Regulatory Commission (NERC) has concluded regulations that will provide framework to license new class meter suppliers in the country. The Minster of Power, Works and Housing, Mr Babatunde Fashola made this known at the 25th monthly power sector meeting in Uyo. Fashola, in a text of his…
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Delta landlords petition Okowa, BEDC for illegal disconnection of power supply
Landlords in Delta state under the aegis of Association of Landlords of Block VII, Phase V, Core Area, Asaba, have petitioned the state Governor Ifeanyi Okowa and the Benin Electricity Distribution Company (BEDC) after the electricity distribution company allegedly illegally disconnected power supply to their area. In a strong worded petition addressed to the state…
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JUST IN: NNPC imports $5.8bn worth of petrol to arrest fuel crisis
The Nigerian National Petroleum Corporation (NNPC) says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year. This was disclosed by the Group Managing Director of the corporation, Dr. Maikanti Baru, during a public hearing by the Senate Committee…
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Nigerian firms to build power grids in Niger Delta
All On, a global energy player and three Nigerian renewable energy companies have signed agreement that would see to the setting up of mini electric off-grids across the Niger Delta. Dr Wiebe Boer, the Chief Executive Officer of All On, disclosed this at the signing of the agreement with GVE, Lumos and ColdHubs in Port…
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World Bank approves $486m credit to Nigerian power grid work
World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said. Nigeria’s power…