Spain Plans For Renewable Energy Projects In Nigeria’s Power Sector

The Spanish government has begun the process of seeking investment opportunities in Nigeria. The minister of power, Adebayo Adelabu, had advocated appropriate and enabling legislation to convince power sector investors of the Nigerian government’s seriousness in its power sector reforms. The minister spoke

FG Maps Out Plans To Boost Power Sector investment For Economic Development

The Federal Government on Monday, in Abuja expressed its commitment to engage with relevant stakeholders to boost power sector investment for economic development. A statement by Mr Mohammed Manga, Director, Information and Public Relations of Ministry of Finance said the Minister, Mr Wale

JUST IN: Imo State Government Gives Contract To Orashi Electricity Company Limited For Electricity Generation In The State

The Imo State Government has granted an interim licence to Orashi Electricity Company Limited for the generation, transmission and distribution of uninterrupted electricity supply in the State. The licensing ceremony took place on Thursday morning at Rockview Hotel, Owerri, marking a crucial step

Electricity Tariff Hike: Nigerian Workers Shut AEDC Offices

ELECTRICIY The Nigeria Labour Congress And The Trade Union Congress Have sHut Down All Abuja Electricity Distribution Company Offices To Demand The Reversal 0f the Electricity Tariff hike.DAILY POST gathered that the NLC prevented staff members of AEDC who resumed work on Monday

Stop Electricity Subsidy Now, IMF Tells FG

The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told Nigeria that the subsidies would guzzle three per cent of the nation’s Gross

Fed Govt, Telcos Differ On Tariff Hike

Communications, Innovations and Digital Economy Minister Bosun Tijani and telecommunication operators maintained different positions on the proposed plan to raise tariff across all networks. The telecommunication operators under the auspices of (Mobile Network Operators (MNOs) insisted that the hike in telecom tariff has become is

Port Harcourt, Warri Refineries To Be Fully operational In 2024 – Ifeanyi Ubah

The Chairman, Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, has said that two refineries- Port Harcourt and Warri would be fully operational by the end of 2024. Ubah said plans have already been put in place to achieve the target, stressing that the

Shell Pays Over $1bn Tax To FG In 2023

Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company of Nigeria Limited.

IPON Threatens To Shut Down Emeka Offor’s EEDC Over Poor Power Supply — IPOB

The Indigenous People of Biafra (IPOB), has responded to the incessant power supply in the region, calling on Enugu Electricity Distribution Company (EEDC) to provide adequate electricity in the Southeast or exit the region for reliable companies to take over.   The call came

BREAKING: Amid Hardship, Epileptic Power Supply, Federal Govt Hikes Electricity Tariff

Nonchalant about the Epileptic Power supply Amid economic crunch, the Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A classification. At a press briefing in Abuja on Wednesday, NERC’s Vice Chairman, Musliu Oseni, said