Avoiding regulatory capture in Nigeria’s electricity market

Recent revelations that the investors who have acquired the assets of the Power Holding Company of Nigeria (PHCN) have begun lobbying for another increase...

NERC insists on coordinated handover process

The Nigerian Electricity Regulatory Commission (NERC) has asked new owners of privatised Power Holding Company of Nigeria (PHCN) to exercise some restraint in their...

Ijaw professionals seek amendment of Petroleum Industry Bill

The Ijaw Professionals Association (IPA) has made a strong recommendation for an amendment of the Petroleum Industry Bill (PIB) currently before the National Assembly...

Local content: Shell warns investors over quality of products

The Shell Petroleum Development Company (SPDC) has reminded participants at the 3rd edition of its annual Nigerian Content Day in Port Harcourt that the...

Jonathan urges EITI to support efforts to stop oil theft

President Goodluck Jonathan Monday called on  the Extractive Industries Transparency Initiative (EITI) to do more to support efforts by the federal government to stop...

Kaztec projects 25,000 new jobs from Snake Island fabrication yard

Kaztec Engineering Ltd, a 100 percent indigenous leader in the fabrication of drilling and production platforms and other specialized structures for the oil and...

EITI to meet Jonathan over oil industry transparency

The international Chair of the Extractive Industries Transparency Initiative (EITI), Clare Short, would next week meet with President Goodluck Jonathan to chart a progressive...

PHCN firms’ owners grumble

New owners of the Electricity Generation Companies (GENCOs) are threatening a legal action against the Nigeria Electricity Regulatory Commission (NERC). They are not happy over...

Century Group appoints new executives

As part of efforts to further improve on commercial effectiveness across the diverse industries in which it operates, Century Group has appointed new executives...

FG moves to tackle electricity meter extortion

The Federal Government has intensified efforts to check extortion associated with sourcing electricity meters in the nation. The moves presently made through the Nigerian Electricity...

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