The Nigerian National Petroleum Company Limited (NNPC Ltd) on Monday said oil drilling will resume in the northern region next month. Group Chief Executive Officer, Bayo Ojulari, said oil drilling activities are due in the Kolmani field, located on the Read More
Power supply key to economic growth in Nigeria – Igiehon
The Managing Director, Ossiomo Power, Dr. Uwa Igiehon, on Friday, tasked the Federal Government to grant more licenses to private investors in the energy sector to address the power and infrastructure deficit in the country. Igiehon made the call during Read More
FG planning to clear N4trn debt owed GenCos – Ministry
The Federal Government says plans were on the way to offset the N4 trillion debt owed the Power Generation Companies (GenCos) for electricity generated. Mr Bola Tunji, Special Adviser, Strategic Communications and Media Relations, to the Minister of Power made Read More
Boost oil exploration with licenses, financing –Experts urge FG
Some oil and gas experts have called on the Federal Government to take decisive steps to boost crude oil supply in Nigeria. They emphasised the need for allocating more licenses, facilitating new acreage discoveries and improving financing for exploration. The Read More
FG to acquire 3.5 million prepaid meters by year-end — Minister
The Federal Government has announced plans to acquire no fewer than 3.5 million electricity meters by the end of 2024, aiming to boost revenue in the financially strained power sector. Minister of Power, Adebayo Adelabu, said this at an energy Read More