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FEC approves projects to improve power supply in Nigeria
- June 30, 2022
- Posted by: admin
- Category: Economy, Energy, Latest News
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The Federal Executive Council (FEC) has approved projects to shore up power supply across the country. Minister of Power, Abubakar Aliyu, announced this after the Federal Executive Council (FEC) meeting, presided by Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja. Mr Aliyu said the projects were aimed at strengthening the capacity of
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OPEC Appoints New General Secretary
- January 4, 2022
- Posted by: admin
- Category: Economy, Energy, Latest News
The Organisation of the Petroleum Exporting Countries has appointed Mr Haitham Al-Ghais as the organisation’s Secretary General effective August 1, 2022. His appointment was made known at a Special Meeting OPEC, held via videoconference on Monday, 3 January 2022, under the Chairmanship of its President, His Excellency, Bruno Jean-Richard Itoua, Congo’s Minister of Hydrocarbons and
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TCN begins nationwide repairs of old circuit breakers.
- November 22, 2021
- Posted by: admin
- Category: Energy, Latest News
The Transmission Company of Nigeria on Sunday announced the commencement of the rehabilitation and replacement of old circuit breakers in the nation’s transmission network. It said the project was geared towards improving bulk power transmission to power distribution load centres across the country. The General Manager, Public Affairs, TCN, Ndidi Mbah, said the rehabilitation and
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COURT ORDERS ABUJA DISCO TO PAY A CUSTOMER N10MILLION FOR “ILLEGAL DISCONNECTION” OF PREPAID METER
- November 14, 2021
- Posted by: admin
- Category: Energy, Latest News
An Abuja High Court has ordered the Abuja Electricity Distribution Company Plc. (AEDC) to pay a customer, Ifeyinwa Ikeatuegwu the sum of N10 million for unlawful disconnection of her prepaid metre. Justice K.N Ogbonnaya made this ruling in Abuja on Friday, December 11, 2020, following a suit filed against AEDC by Ikechukwu Ikogwe, the plaintiff’s
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BREAKING: NERC increases prices of electricity meters
- November 12, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
The Nigerian Electricity Regulatory Commission (NERC) has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. It announced this in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and addressed to managing directors, all electricity distribution companies and all meter asset providers. The circular,
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Ikeja Electric introduces SingleView for Prepaid Meter Management
- November 10, 2021
- Posted by: admin
- Category: Energy, Latest News
In line with its ‘customer first; technology now’ mantra, Ikeja Electric Plc (IE), has announced the introduction of Singleview, an interactive platform designed to enable prepaid meter customers access their vending pattern and consumption. At the launch of Singleview at its Headquarters in Alausa, Ikeja, Lagos on Friday, October 8, 2021 Ikeja Electric explained that
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12.5kg cooking gas may sell for N10,000 by Dec, say marketers
- October 10, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
Marketers of Liquefied Petroleum Gas, well known as cooking gas, on Saturday, reportedly expressed worry over the supply shortage leading to persistent increase in the price of the commodity. They warned that 12.5kg of cooking gas currently selling between N7,500 and N8,000 could rise to N10,000 before December if nothing was done to address the
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Nigerians to pay more for electricity as FG ends N30bn monthly subsidy
- September 21, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
More difficult times await Nigerians in the months ahead as the Federal Government yesterday announced it is ending the N30 billion monthly electricity subsidy by January 2022. The decision is also to affect all forms of subsidies hitherto extended to operators in the power sector value chain. The Special Adviser to the President on infrastructure, Ahmed
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Buhari Approves Incorporation Of NNPC, Appoints Senator Ifeanyi Ararume Board’s Chairman
- September 19, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
President Muhammadu Buhari, has directed that the Nigerian National Petroleum Company Limited be incorporated. He also approved the appointment of the Board and Management of the NNPC Limited with Senator Ifeanyi Ararume as Chairman. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, was appointed Chief Executive Officer. This was
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Buhari appoints Ahmed as new NAEC chairman
- September 11, 2021
- Posted by: admin
- Category: Latest News
President Muhammadu Buhari has appointed Yusuf Ahmed as the Chief Executive Officer (CEO) of Nigeria Atomic Energy Commission (NAEC) for an initial period of three years. The appointment was confirmed in a statement signed by Director of Information for the office of the Secretary to the Government of the Federation, Willie Bassey. Mr Ahmed’s appointment
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