Top 5 Stories Of The Day | FCCPC Supports CBN’s 48-Hour Refund Plan for Failed ATM Transactions

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. Naira gains against the US dollar in official and unofficial market The Nigerian currency (₦) gained value against the US dollar over the weekend. As of November 17, the exchange rate at the official market... Read More

5 Things that Should Matter Today, airlines, Gas, Governor Muftwang, naira, Nentawe Goshwe, nigerian airlines, Nigerian politics, petrol, petrol subsidy, US dollar

April 12, 2017

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“It was a mistake to do that” | Sean Spicer apologizes for Hitler statements

by Itunuoluwa Adebo Press secretary Sean Spicer apologized Tuesday after saying Adolf Hitler “didn’t even sink to using chemical weapons” during World War II in an effort to to shame Al-Assad’s use of chemical weapons. The comment was immediately countered and after he made a few failed attempts to clear things up, Spicer apologized in... Read More

Oluwafemi Adebule: Why Nigerians do not have light

by Oluwafemi Adebule Overview of The Nigerian Power Sector Today, Nigeria generates at best 5,200MW of power. In all honesty, that was during a peak in September 2016, and that number has dropped. The average power generated now is around 3,000MW. The entire country is plagued with blackouts and shortages; no economic analysis or breakdown... Read More

Opinion

DISCOs, Fashola, Gas, NBET, NERC, NIPP, Oluwafemi Adebule, opinion, Power, TCN, transmission

January 25, 2017

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Why the power sector is almost collapsing- Fashola

Minister of Power, Works and Housing, Babatunde Fashola has said vandalism and liquidity issues has led to the collapse of the power sector. Fashola spoke at a press briefing at the end of a meeting of the Federal Executive Council presided over by Acting President Yemi Osinbajo. Fashola said the Escravos Lagos pipeline and the... Read More

The News Blog

babatunde Fashola, collapse, Gas, petrol, Power sector

July 19, 2016

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NUPENG to FG: Adopt a clear policy on kerosene

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday urged the Federal Government to adopt a clear policy on kerosene. The appeal was made by the union’s South-West Chairman, Alhaji Tokunbo Korodo in an interview with the News Agency of Nigeria (NAN) in Lagos. Korodo while making the plea, lamented that the... Read More

The News Blog

deregulation, Gas, Kerosene, NUPENG, policy, Tokunbo Korodo

July 10, 2016

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‘Kachikwu recommended me to Buhari’ – NNPC boss

The recently appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru, on Friday, promised to find lasting solution to the problems facing the petroleum sector. Baru stated this during the handover from his predecessor and Minister of State for Petroleum Resources, Ibe Kachikwu. While disclosing that Kachikwu had recommended him to President Buhari... Read More

The News Blog

agenda. Buhari, Baru, Gas, IOC, Kachikwu, nigeria, nnpc, Oil

June 13, 2016

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5 things we learned from the Niger Delta Avengers’ peace terms

The militant group, Niger Delta Avengers has responded to the call for dialogue by the Federal Government with a list of demands that must be met before negotiations can ensue. The Avengers have claimed responsibility for the recent explosions of vital gas pipelines and oil installations across the Niger Delta region. The group, through its... Read More

The News Blog

Avengers, Federal Government, Gas, Militants, NDA, oil pipelines, Tompolo, vandalism, voice

June 13, 2016

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The Big 5: These are the stories you should be monitoring today

These are the top five stories to monitor today. 1. FG job recruitment website crashes The website established by the federal government for the recruitment of 500,000 teachers has crashed following a huge influx of traffic. 2. PDP Edo gubernatorial nomination form The Edo state Peoples Democratic Party has announced that its nomination form... Read More

The News Blog

Edo, FG, Gas, N-Power, nigeria, Obasanjo, PB, petrol, Saraki, tiwa savage

June 10, 2016

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‘I don’t think running 3 ministries has overwhelmed me’ – Fashola

Minister of Power, Works and Housing, Babatunde Fashola has allayed fears that he is overwhelmed by the weight of running three important infrastructure providing ministries. Fashola, who was at the maiden edition of `Buharimeter’ town hall meeting on Thursday, said the ministries combined were not bigger than Lagos state- which he ran for 8 years.... Read More

Buharimeter, electricty, Fashola, Gas, housing, Power, works

September 17, 2015

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Explosion rocks Port Harcourt, many killed

There has been a gas explosion in the Eliozu area of Port Harcourt, Rivers state. Several people have been reported dead from the explosion. A cylinder was said to have exploded when gas was being refilled at the depot. The explosion has been confirmed by the Rivers state Police Public Relations Officer, DSP Ahmad Muhammad.

The News Blog

Eliozu, explosion, Gas, Port Harcourt

March 5, 2015

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GE completes installation of mobile gas turbines for Port Harcourt Refinery

by Akan Ido With more industrial facilities using distributed power technologies to ensure a reliable energy supply and increase productivity, General Electric (NYSE: GE) has completed the supply and installation of three 25-megawatt (MW), trailer-mounted, TM2500+ aeroderivative gas turbines to generate uninterrupted power at the refinery. The supply was made through Genesis Electricity Limited, an... Read More

The News Blog

Akinwole Omoboriowo, Electricity, Gas, GE, Genesis Electricity Limited, George Njenga, Port Harcourt, Rivers, technology

February 25, 2015

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Seplat shuts down Oben plant to expand, improve gas delivery

by Jewel Stephen The NPDC/SEPLAT Joint Venture has announced the shut-down of its Oben gas plant to enable tie-in of its expansion unit with the existing plant. The 10 day long shut down is scheduled for February 22nd to March 5th and will enable the company tie in its newly installed, 2 x 75 mmmscf/d... Read More

The News Blog

Gas, Oben plant, Oil, SEPLAT

September 4, 2014

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Power generation nears all time high, BUT Nigeria owes Discos N95bn

by Tunji Andrews Nigeria’s electricity generation has for the last few months been enjoying a steady climb reaching a year high of 4,044 megawatts (MW). Industry experts are even expecting higher numbers in the coming months as on account of improved gas supply to generation stations and the rise in the water level at the... Read More

The News Blog

economy, Frank Edozien, Gas, nigeria, Power

July 15, 2014

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Chinedu Ekeke: This darkness we are shiaring – but isn’t it time to discuss gas?

by Chinedu Ekeke It is doubtful that an institution as big as the Nigerian government will push for a electricity regulatory laws aimed at clearing the way for private sector participation in generation and distribution, without first seeking to find out what obtains in other countries where similar laws have long been operative. Last... Read More

Chinedu Ekeke: This darkness we are shiaring – but isn’t it time to discuss gas?, electric power station, Electricity, Gas, gas flaring, gas turbines, industry and power, kanji dam, light, NEP, NERC, power in nigeria, power supply

May 10, 2014

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Opinion: Power sector reforms – Addressing the gas challenge

by Mofe Binitie The Nigerian government can however address this challenge by providing subsidy to producers of gas in the medium to short term until power generation improves significantly before implementing a phased increase of 5-10 % per annum on the retail Multi Year Tariff. Recent power sector reforms by the Nigerian government if successful... Read More

challenge, Electricity, Gas, mofe binitie, nigeria, opinion, tarriff, ynaija

September 24, 2013

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CSR-in-Action promotes transparency and effective policy implementation within the Nigerian Extractive Industries

by Akintomiwa Agbaje In a bid to sustainably promote unity through collaborative action, accountability and transparency within the extractive industries, CSR-in-Action in partnership with Business Day Newspapers, is pleased to announce dates for its annual seminar – Sustainability in the Extractive Industries™. This seminar with the sub-theme – Policy, Affirmative Action and Sustained Growth... Read More

July 12, 2013

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Wickedness: Father and son douse boy in gas, light him on fire, then videotape it (PICTURED)

A man from Pennsylvania has been arrested for pouring a flammable liquid on his then-girlfriend’s seven-year-old son and setting him alight. Police say the man, from Saxonburg, brought his own 15-year-old son along for the attack and proceeded to set the younger boy’s shirt on fire. Edward B. Myers, 35, allegedly used his cell phone... Read More

boy, doused, Edward B. Myers, father, Fire, flammable liquid, Gas, lit, son, videotaping

January 26, 2013

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Car EXPLODES at gas station while owner fills up (WATCH)

The driver of a pickup truck in southern Iran was nearly killed when his car exploded at a gas station while he was filling up, a wild new video shows. Los Angeles TV station KTLA said the driver was filling his tank with compressed natural gas, which burns cleaner than conventional gasoline, when the blast... Read More

explosion, filling station, Gas

January 21, 2013

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Hey, didn’t we forget something? Kids leave their dad at a gas station only realizing a hundred miles away

Kids don’t like their dad to come along when they go on vacation. These kids didn’t even realize their dad is missing for 100 miles. Summer vacation has been anything but boring for this Memphis family. A Texas father thought his children were kidnapped Monday morning when he was left at a gas station. The... Read More

dad, Gas, hundred, kids, realize, station

August 8, 2012

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Hurray? Nigeria achieves highest power output ever at 4,237MW

by Isi Esene Nigeria made power generation history (by our own standards) on Monday as the public power supply output reached a peak of 4,237MW. According to the Daily Trust Newspapers, the power generation feat was revealed yesterday by the minister of Power, Professor Bart Nnaji, at a meeting with the ministry’s directors. The statement which... Read More

Diezani Alison Madueke, Gas, Kainji, Minister, peak, PHCN, Power, Prof. Bart Nnaji, Shiroro

May 28, 2012

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The Countdown Begins: Gas flaring to stop by the end of 2012 (at least according to the PIB)

by Tolu Orekoya The much ballyhooed and long-delayed Petroleum Industry Bill (PIB), which is meant to radically restructure and reform the oil industry, includes a clause that could bring an end to gas flaring in the country. Gas flaring is seen as colossal waste of a valuable natural resource, with Nigeria flaring the equivalent of one-third of the... Read More

Abuja, flaring, Gas, nigeria, petroleum industry bill, Reform

March 20, 2012

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“This is imperative” – FG to invest $150 billion in Oil & Gas industry

by Lekan Olanrewaju The President on Friday commissioned three wellhead platforms for the Nigeria National Petroleum Corporation (NNPC) and Mobil. The wellhead platforms were built by Nigerdock Nigeria Plc at its Snake Island Integrated Free Zone facility in Lagos and are intended for use at Mobil offshore oil fields. They are expected to result in an output... Read More

Federal Government, Gas, GEJ, Oil

February 29, 2012

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Gas Pipelines: FG awards $2.5billion contracts

by Lekan Olanrewaju In line with its policy on gas monetization, the Federal Government has laid out the Gas Master Plan, GMP, awarding over $2.5bn contracts for various gas pipeline projects in the country. This announcement was made at the just-concluded Nigeria Oil and Gas, NOG 2012 international conference and exhibition. According to Dr David Ige, the... Read More

Contracts, Federal Government, Gas, Power

Top 5 Stories Of The Day | FCCPC Supports CBN’s 48-Hour Refund Plan for Failed ATM Transactions

Demand for Gas Reduces as Prices Skyrocket to ₦12k/12.5kg | 5 Things That Should Matter Today

“It was a mistake to do that” | Sean Spicer apologizes for Hitler statements

Oluwafemi Adebule: Why Nigerians do not have light

Why the power sector is almost collapsing- Fashola

NUPENG to FG: Adopt a clear policy on kerosene

‘Kachikwu recommended me to Buhari’ – NNPC boss

5 things we learned from the Niger Delta Avengers’ peace terms

The Big 5: These are the stories you should be monitoring today

‘I don’t think running 3 ministries has overwhelmed me’ – Fashola

Explosion rocks Port Harcourt, many killed

GE completes installation of mobile gas turbines for Port Harcourt Refinery

Seplat shuts down Oben plant to expand, improve gas delivery

Power generation nears all time high, BUT Nigeria owes Discos N95bn

Chinedu Ekeke: This darkness we are shiaring – but isn’t it time to discuss gas?

Opinion: Power sector reforms – Addressing the gas challenge

Opinion: Oil spill in Abuja and lessons for the rest of us

CSR-in-Action promotes transparency and effective policy implementation within the Nigerian Extractive Industries

Wickedness: Father and son douse boy in gas, light him on fire, then videotape it (PICTURED)

Car EXPLODES at gas station while owner fills up (WATCH)

Hey, didn’t we forget something? Kids leave their dad at a gas station only realizing a hundred miles away

Hurray? Nigeria achieves highest power output ever at 4,237MW

The Countdown Begins: Gas flaring to stop by the end of 2012 (at least according to the PIB)

“This is imperative” – FG to invest $150 billion in Oil & Gas industry

Gas Pipelines: FG awards $2.5billion contracts

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