Category: Energy

Fear of corruption hampering subsidy removal in Nigeria -IMF

The International Monetary Fund says the fear of political resistance, widespread corruption and pressure from...

OPEC quota: Elumelu disagrees with Sylva over low oil sector investment

Nigeria’s billionaire businessman, economist, and philanthropist, Tony Elumelu, on Thursday argued that the reason why...

NASS proposing criminalising illegal connection – NERC

THE National Electricity Regulatory Commission has urged consumers to know their rights and obligations within...

FG’ll tap $2.2bn Eurobond for fuel subsidy funding –Minister

The Federal Government is planning to tap €2bn ($2.2bn) by this month or next of...

Blackout as national grid collapses

Power generation on the national grid collapsed to zero megawatts around 10.40am on Monday, leading...

Negotiations with labour on fuel subsidy removal still ongoing – FG

The Federal Government is still in negotiations with the organised labour as regards the removal...

Nigeria’s gas revolution will lift West Africa’s energy –Sylva

Minister of State for Petroleum Resources, Timipre Sylva, has said that the West African sub-region can...