Energy
Enugu, Other States Challenge NERC’s Authority Over Electricity Tariffs
Enugu State and several others have pushed back against the Nigerian Electricity Regulatory Commission (NERC)'s claims that states lack the...
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Dangote Urges Tinubu to Ban Fuel Imports Under ‘Nigeria First’ Policy
Alhaji Aliko Dangote, President of the Dangote Group, has urged President Bola Tinubu to include refined petroleum products such as...
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NERC: DisCos Owe N2.75trn in Liabilities, Hold N3.61trn in Assets
The Nigerian Electricity Regulatory Commission (NERC) has revealed that Nigeria’s 11 electricity distribution companies (DisCos) owe a combined N2.75 trillion...
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IBEDC Warns Against Energy Theft, Outlines Sanctions for Meter Tampering
The Ibadan Electricity Distribution Company (IBEDC) has issued a stern warning to customers against energy theft, including meter tampering, illegal...
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NERC Clarifies States’ Limits on Power Regulation, Cautions on Tariff Cuts
The Nigerian Electricity Regulatory Commission (NERC) has clarified that state governments do not have jurisdiction over the national electricity grid...
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AKK Gas Pipeline Project Reaches 86% Completion, NNPC Targets November for Mechanical Delivery
After several postponements, the Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline...
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DAPPMAN Slams Dangote Refinery Over Restrictive Sales, Pricing Access
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has raised concerns over restrictive trade practices and pricing opacity...
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Oil Prices Climb Amid Trade Deal Optimism, Venezuelan Supply Concerns Linger
Oil prices edged higher on Friday, buoyed by optimism surrounding global trade talks, which boosted expectations for economic growth and...
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States Move to Negotiate Fairer Electricity Tariffs Amid Industry Pushback
Commissioners of energy from Nigeria’s 36 states have expressed readiness to begin negotiations with power distribution companies (DISCOs) over electricity...
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NNPC Remits ₦6.96tn to Federation Account in Five Months, Posts ₦905bn June Profit
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disclosed that it remitted a total of ₦6.96 trillion to the...
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