TCN BOOST POWER SUPPLY IN LAGOS WITH NEW MOBILE TRANSFORMER

The Transmission Company of Nigeria (TCN) on Friday disclosed that it had commissioned a brand new 1x40MVA 132/33KV mobile transformer which would raise the...

POWER SECTOR: FG WOOS INVESTORS WITH 40 PERCENT STAKE IN DISCOS

Babatunde Fashola, the Minister of Power, Works and Housing, has disclosed that the Federal Government will use portions of its 40 per cent shares...

SENATE HALTS SALE OF PORT HARCOURT REFINERY

The Senate, on Tuesday, ordered the Federal Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC) to halt further action or planned...

VARSITIES, TEACHING HOSPITALS USE 1,O68 POWER GENERATORS- REA

The Rural Electrification Agency (REA), has revealed that over 1,068 generators are being used as alternative power supply source by existing 37 federal universities,...

FG HOLDS PUMP PRICE OF FUEL AT N145 PER LITRE

• NNPC now sole importer Ibe Kachikwu,the Minister of State for Petroleum said that the federal government would review the pricing model introduced in 2016...

NIGERIA’S POWER SECTOR REQUIRES N1.8TRN FIVE-YEAR INVESTMENT TO SOLVE TRANSMISSION PROBLEMS

The Federal Government has said that Nigeria’s power sector required an investment of $5billion (N1.8 trillion) in the next five years to solve transmission...

NIGERIA’S POWER SECTOR NEEDS N1.260TR TO MAINTAIN 4,000MW IN 2017

The Federal Ministry of Power said an estimated $3.5 billion budget appropriations will be required as part of the funding needed to revive Nigeria’s...

EMBRACE DIGITAL REVOLUTION TO REMAIN COMPETITIVE IN OIL BUSINESS- SIEMENS

Onyeche Tifase, chief executive officer, Siemens Nigeria says by embracing a digital revolution in its oil and gas facilities, Nigeria could propel itself from...

REPS BERATE NNPC, CBN OVER TURN AROUND MAINTENANCE EXPENSES OF REFINERIES

The House of Representatives Monday berated the management of the Nigerian National Petroleum Corporation (NNPC) over its inability to shed light on the monies...

JUDGE’S ABSENCE STALLS FG’S $406.8 MILLION SUIT AGAINST SHELL

A Federal High Court in Lagos on Monday was forced to adjourn continuation of hearing until Nov. 15 in a suit filed by the...