Category: Energy

Abuja queues persist as NNPC supplies 1.5bn litres of fuel

Latest updates on the evacuation of Premium Motor Spirit, popularly called petrol, by the Nigerian...

Blackout as national grid collapses for fifth time in 2022

There was widespread blackout across the country on Sunday following the collapse of the national...

FG to confirm increment of petrol freight rate

The Federal Government is expected to issue a circular confirming the increased the increase of...

Blackout to worsen as 20 power plants underperform

No fewer than 20 gas power plants are currently under-performing, forcing power generation to drop...

Nigeria’s renewable energy investment potential hit $104bn – UK

Climate-smart investment potential in Nigeria, particularly in the renewable energy sector, is worth over $104bn,...

Manufacturers spend N425bn on alternative power

Manufacturers spent N425 billion on alternative energy sources such as gas, low-pour fuel oil, diesel,...

Gencos, Discos, others’ revenue shortfall hits N1.6tn

Total shortfall in the Nigerian power sector has reached N1.6trn in eight years, findings have...

Cabals benefit from petrol imports, frustrate local refineries –IPMAN

The massive imports of Premium Motor Spirit, popularly called petrol, using the United States dollar,...

Marketers clash over price as cooking gas demand falls by 38%

National cooking gas demand has dropped by 38 per cent, according to the Nigerian Association...

Black marketers sell petrol N300/litre as queues persist in Abuja

Fuel queues persisted in the Federal Capital Territory on Monday as filling stations struggled to...

NNPC links fuel queues to Sallah celebrations

The Nigerian National Petroleum Corporation has ascribed the re-appearance of fuel queues in parts of...

After spending over $8bn on Ajaokuta, Nigeria imports N837bn steel

Steelmakers are sceptical about the planned concession of Ajaokuta Steel Company Limited after Nigeria imported...

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