Category: Energy

FG okays concession of 700MW Zungeru power plant

The Federal Government has given the green light to speed up the concession process for...

57 investors get oil field licences Tuesday –FG

Successful investors in Nigeria’s 57 marginal oil fields of the 2022 bid round would get...

End NNPC’s monopoly, oil marketers tell FG

Amid the lingering fuel scarcity rocking the country, oil marketers have urged the Federal Government...

Scarcity: Petrol sells N180/litre as NNPC cuts supplies

Premium Motor Spirit also known as petrol now sells for N180 per litre in Lagos...

Nigeria endowed with 44 minerals in 500 locations – Minister

The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that Nigeria is endowed...

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...