Bunkering as Nigeria’s new legitimate oil business

It was a surprise to some, but business as usual to other experts in the nation’s oil sector, when the news broke that the...

NERC instructs customers without prepaid meters to stop paying bills

The Nigerian Electricity Regulatory Commission (NERC) has reminded electricity consumers not provided with prepared meters by March 1 to stop paying electric bills presented...

The Evolution Of Upstream Contracts In The Nigerian Oil And Gas Industry

Nigeria’s oil industry has always struggled with the challenge of devising appropriate legal regimes and fiscal policies aimed at maintaining the balance between meeting...

World Bank in critical talks with FG over increased power supply in Nigeria

Mr Joaquim Levy, the Managing Director and Group Chief Financial Officer, World Bank, told reporters in Lagos that power was important to the development...

Kaduna Electric recalls 130 ex-staff members

The Management of Kaduna Electricity Distribution Company has recalled 130 former employees of the company relieved of their appointments early this year. The Managing Director/Chief...

Europe’s adoption of green vehicles may lead to Nigeria becoming a dumpsite

With experts saying at least eight out of 10 cars plying roads globally would be green before 2030, Nigeria and other developing countries have...

FG yet to allot equity to Disco staff – BPE

The Federal Government is yet to allot the 10% equity shareholding in the privatised power distribution companies to its workers because some state governments...

NNPC says July deadline for low-sulphur fuel remains unchanged

The Nigerian National Petroleum Corporation (NNPC) is working to meet the July 2017 deadline for switching from fuel with higher concentration of sulphur to...

NLNG trains 7, 8 to reduce gas flaring to zero level – GM

The General Manager, External Relations of the Nigerian Liquefied Natural Gas Ltd, Dr. Kudo Eresia-Eke disclosed in Lagos that the proposed NLNG trains seven and eight would...

Acting President Osinbajo finally signs 2017 budget into law

Acting President Yemi Osinbajo signed the 2017 budget into law on Monday afternoon, according to Sahara Reporters. The budget, dubbed the “Budget of Economic Recovery...

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