Electricity consumers should not expect improvements soon —NERC

Electricity consumers in the country should not expect a rapid improvement in power supply any time soon despite the privatisation of the sector, the...

Electricity cartel: NERC to proscribe ‘Disco roundtable,’ others

The Nigerian Electricity Regulatory Commission (NERC) has said it would only encourage healthy market competition but not tolerate unwholesome cartel practices in the emerging...

Why passage of PIB is delayed – Ndoma-Egba

Senate Leader, Senator Victor Ndoma-Egba, has attributed the delay in the passage of Petroleum Industry Bill, PIB, to required hectic legislative process, controversies generated...

Low value addition in oil, gas sector worries NCDMB

Nigerian Content Development Management Board (NCDMB), has expressed concern over the low level of manufacturing to support the country’s oil and gas sector. Executive Secretary...

Maritime security report indicates improved VIEs

There are indications that  the monthly security reports from the Lagos maritime Zone, has shown increased security surveillance in  virtually all the terminals in...

PHCN investors lobby govt on electricity tariff

As the new owners of Power Holding Company of Nigeria (PHCN) take over the management of the power generation and distribution companies, Nigerians should...

DPR to partner NSCDC on safety of oil installations

Department of Petroleum Resources, DPR, has sought the assistance of the Nigerian Security and Civil Defence Corps, NSCDC, to help secure its vital assets...

Local content not to reserve oil contracts for Nigerians – Nwapa

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) Engr. Ernest Nwapa said that Nigerian Content is not about Nigerianisation or making...

GE to create 2,300 new jobs, commits to local content policy

General Electric (GE) will in the next four years create 2,300 new jobs in Nigeria out of which, 300 will be direct hires, Phil...

Senate to resume hearing on PIB

The Senate says it will resume another round of public hearing on the Petroleum Industry Bill (PIB) on Oct. 9 following allegations of exclusion...

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