Valuechain - Nigeria's foremost Online Energy News Platform

The new development that empowers states to generate, transmit and distribute electricity in areas covered by the national grid can improve electricity access across the country and promote rapid industrialisation, analysts say. …
Read More...

The Organisation of Petroleum Countries (OPEC) of which Nigeria is a member, has said that its daily basket price of oil price stood at $89.64 A Barrel as at last Wednesday. The price of OPEC basket of twelve crudes stood at $89.64…
Read More...

By William Emmanuel Ukpoju In a strongly-worded statement, former Executive Secretary of the Nigerian Content Monitoring and Development Board (NCDMB), Simbi Wabote, has dismissed allegations made by Minister of State for Petroleum…
Read More...

By Ese Ufuoma Dangote Petroleum Refinery has disclosed substantial price reductions for diesel and aviation fuel. Diesel now stands at N940 per litre, while aviation fuel is priced at N980 per litre. This latest move follows…
Read More...

Asks Adaobi Rhema Oguejiofor The Federal Government has remained adamant and insistent that fuel subsidy has been removed, faulting the likes of the Former Kaduna State governor, Nasir El-Rufai, and the Independent Oil Marketers…
Read More...

By Patience Chat Moses Minister of Power, Adebayo Adelabu, has said that the Federal Government is making plans to increase power generation from 4000 Megawatts to 6000 by the end of 2024.Adelabu said this in Abuja on Monday…
Read More...

The Nigerian government has fixed the price of Compressed Natural Gas at $1.57MMBtu. Programme Director/Chief Executive Officer, Presidential Compressed Natural Gas Initiative (PCNGi) Michael Oluwagbemi disclosed this in a statement…
Read More...

xr:d:DAFnCZbxwvw:440,j:3156298037049120244,t:23082307 By Ese Ufuoma In a notable development, the Presidency announced plans to launch a fleet of two thousand seven hundred CNG-powered buses and tricycles just in time for President…
Read More...

By Ese Ufuoma The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, and one other defendant have been acquitted of an alleged N8.5 billion fraud case by Justice Ayokunle Faji.…
Read More...

R-L: GCEO NNPC Ltd, Mr. Mele Kyari (represented by the Chief Corporate Communications Officer, NNPC Ltd, Mr. Olufemi Soneye) receives the Energy Times Newspaper's GCEO of the Year Award from Rev. Dr. Wole Adebayo of Foursquare Gospel…
Read More...