As the government struggles to address the problem, many households are finding their own ways to cope, reports TOYE FALEYE. The Price Surge Cooking gas prices in Nigeria have shot…
Lagos: Power Generation Companies (GenCos) say the successful N501 billion bond issuance in January signals rising investor confidence in the Federal Government’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The…
Abuja: President Bola Tinubu has approved a N3.3 trillion payment plan to clear long-standing power sector debts. The plan follows a final review of debts affecting Nigeria’s power sector over…
Abuja: Nigeria has 31.09 billion barrels of crude oil and 5.92 billion barrels of condensate, totalling 37.01 billion barrels, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reports. The NUPRC Chief…
Ibadan: The Oyo State Electricity Regulatory Commission has said that no fewer than 30 investors have expressed interest in partnering with the state in establishing its independent power project. The…
Gas shortages cripple Nigeria’s grid, leaving families, businesses, and communities in Lagos, Ogun, and Abuja struggling to survive in the shadows. TOYE FALEYE reports. A Nation Wakes to Silence On…
PIA’s Drill-or-Drop Rule Ends Two Decades of Licence Squatting, Opens Door to Annual Bid Rounds Abuja: The Nigerian Upstream Petroleum Regulatory Commission has declared an end to the era of…
Abuja: President Bola Tinubu has appointed Fola Adeola, co-founder of Guaranty Trust Bank, to chair a new Presidential Petroleum Reform and Value Optimisation Task Force tasked with unlocking up to…
Awka: Anambra-owned FirstPower Electricity Distribution Company (FpEDC) has asked customers to bear with it over poor power supply, stating the issue is beyond its control. FpEDC made the appeal in…
LAGOS: Nigeria has suspended gasoline import licences for a second month, supporting domestic refining under the Petroleum Industry Act (PIA). No licences were issued in February, and none have been…