Valuechain - Nigeria's foremost Online Energy News Platform

Two years after its transformation to a commercial, profit-driven entity from a public corporation, the enabling guarantees secured from the Petroleum Industry Act and the Company and Allied Matters Act have remained inadequate in…
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By Adaobi Rhema Oguejiofor  The International Monetary Fund (IMF)has said that Nigeria and other emerging economies will need about $2 trillion annually by 2030 in order to achieve the ambition of transitioning to net-zero…
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By Adaobi Rhema OguejioforThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured that the Petroleum Industry Act (PIA), which made provisions for Host Community Development Trust (HCDT) under section 20 of the…
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By Patience Chat Moses The Federal Government has announced the removal of value-added tax (VAT) on diesel for the next six months as part of measures to cushion the effects of the removal of the petrol subsidy on Nigerians.The…
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Scores of commuters plying the Benin-Sapele were killed on Sunday in a multiple auto crash involving a tanker laden with petrol and over 15 commercial and private vehicles.The tanker was said to have fallen on its own while…
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•Says non-availability hindering optimal power generation The Niger Delta Power Holding Company (NDPHC) has expressed concern over the current pricing of domestic gas in foreign currency.This concern stems from the fact that the…
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...Regrets hardship faced by Nigerians President Bola Ahmed Tinubu has announced provisional wage increment for the next six months, with average low-grade worker set to receive an additional N25,000 per month.He made the…
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By Patience Chat Moses The Association of Meter Manufacturers of Nigeria (AMMON) has called for transformational policy direction that would produce the shift needed to truly transform the power sector in Nigeria.The Association…
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By Patience Chat Moses The U.S. Agency for International Development (USAID) has collaborated with Power Africa to launch the “Growing Green Jobs for Women in Nigeria” initaitive.The initiative which was launched on…
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By Adaobi Rhema OguejioforThe Federal Government has said that, as part of measures to tackle the withdrawals by international oil companies out of Nigeria, it is removing all exploration and production restrictions in the oil…
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