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Electricity: Nigeria govt to offset N130 billion debt to gas companies

Nigeria, May 17 -- The Nigerian government has approved the payment of N130 billion to offset some of the debts owed to gas companies (GasCos) in the country, Nigeria's Minister of Power, Adebayo Adel... Read More


Presidential CNG initiative attracts $50 million investment

Nigeria, May 16 -- The Presidential Compressed Natural Gas Initiative (PCNGI) has attracted over $50 million in investment in the last five months, an official has said. Programme Director/Chief Exec... Read More


Don't distract our transformation plan for electricity sector- Power minister tells labour

Nigeria, May 15 -- The Minister of Power, Adebayo Adelabu, has asked Nigeria's organised labour not to derail or distract the transformation plan for the country's electricity industry. Mr Adelabu di... Read More


Tinubu commissions gas infrastructure projects to drive economic growth

Nigeria, May 15 -- President Bola Tinubu on Wednesday commissioned three gas infrastructure projects in Imo and Delta States. The projects commissioned by the president include the ANOH-OB3 CTMS gas ... Read More


Illegal sand excavation threatens transmission towers in Edo State - TCN

Nigeria, May 6 -- The Transmission Company of Nigeria (TCN) on Monday said that the activities of illegal sand excavators around its transmission towers at Umelu community in Benin City in Edo State a... Read More


DisCos announce tariff reduction for Band A customers

Nigeria, May 6 -- Nigeria's electricity distribution companies (DisCos), on Monday, announced the downward review of electricity tariffs for Band A customers. The downward review takes effect from 6 ... Read More


Shell, ExxonMobil, others set to divest from oil blocks in Nigeria

Nigeria, May 4 -- The Nigerian government on Friday said four International Oil Companies (IOCs) will divest from a total of 26 oil blocks in the country. The Nigerian Upstream Petroleum Regulatory C... Read More


Cost of healthy diet in Nigeria up N982 in March - NBS

Nigeria, May 3 -- The national average cost of a Healthy Diet (CoHD) was N982 per adult per day in March 2024, the National Bureau of Statistics (NBS) has said. The statistics office in its report ti... Read More


Nigeria's electricity grid collapsed 105 times in 10 years - TCN

Nigeria, May 2 -- The Transmission Company of Nigeria (TCN) has said that the nation recorded 105 cases of grid collapse from 2015 till date. The TCN General Manager Public Affairs, Ndidi Mbah, discl... Read More


Motorists hike transport fares in Abuja as fuel scarcity bites harder

Nigeria, April 29 -- The crisis has led to an increase in the cost of transportation and commuters were left stranded at various bus stops on Monday as workers and students returned from work and scho... Read More