Dangote Refinery to Save Nigeria $10bn in FX, Generate Another $10bn in Exports
By Moses Patience Chat
Africa’s richest man and owner of the Dangote Refinery, Mr. Aliko Dangote, has said that the planned commencement of the refinery located in Lagos, Nigeria could save up to $10 billion in foreign exchange (FX)!-->!-->!-->!-->!-->…
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Nigeria Urges Africa to Define Its Path to Energy Transition
By Adaobi Rhema Oguejiofor
The Federal Government has cautioned African nations against being forced to conform to the usual routes of energy transition, insisting that the continent must define its own path and draw up workable!-->!-->!-->!-->!-->…
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HOSCON Targets $5bn Fund to Trigger Investment in Member-States
By Adaobi Rhema Oguejiofor
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has said that it is targeting a $5 billion fund, which is equivalent to N2.3 trillion, in partnership with the private sector in order to!-->!-->!-->!-->!-->!-->!-->…
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Edo Refinery Orders for Another 200,000 Barrels of Crude from Oza Field
By Moses Patience Chat
The Edo Refinery and Petrochemicals Company (ERPC) Limited has placed another order for 200,000 barrels of crude oil from the Oza Oil Field, which is operated by Decklar Resources Incorporated and Millennium!-->!-->!-->!-->!-->…
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Govt Agencies, Military Top List of Electricity Bill Defaulters
By Moses Patience Chat
The Chairman of the Senate Committee on Power, Senator Gabriel Suswam, has said that Electricity Distribution Companies (DisCos) have listed governments agencies, military formations, educational institutions!-->!-->!-->!-->!-->…
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NUEE wants State of Emergency in Power Sector
By Adaobi Rhema Oguejiofor
The National Union of Electricity Employees (NUEE) has called on the President-elect, Bola Ahmed Tinubu, to declare a state of emergency in the Nigerian power sector when he resumes office.
The!-->!-->!-->!-->!-->!-->!-->…
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Five Countries to Account for 80% of Africa’s Oil Production – AEC
By Moses Patience Chat
The African Energy Chamber (AEC) has released its official market-focused report, the "State of African Energy Q1 2023 Outlook."
The report, which was released by the Executive Chairman (EC) of AEC, NJ!-->!-->!-->!-->!-->!-->!-->…
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KEDCO pushes for Direct Payment of Bills to Approved Channels
By Adaobi Rhema Oguejiofor
Kaduna Electric, operators of Kaduna Electricity Distribution Company (KEDCO), has urged its customers to directly pay their bills along with other transactions through approved channels and not to the!-->!-->!-->!-->!-->…
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Innoson Unveils Gas-Powered Vehicles
By Moses Patience Chat
The Management of Innoson Vehicle Manufacturing Company Limited (IVM) has unveiled its natural gas-powered trucks, buses and cars into the Nigerian market.
The new set of vehicles were recently unveiled by!-->!-->!-->!-->!-->!-->!-->…
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Seplat Confirms 2023 AGM Despite Court Case
By Adaobi Rhema Oguejiofor
Seplat Energy, a Nigeria's leading indigenous energy company, has said that it would hold its 2023 Annual General Meeting (AGM), which has been scheduled for May 10 as planned.
This was disclosed in a!-->!-->!-->!-->!-->!-->!-->…
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