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Environment & Oil &gas
Building collapse: Anambra Govt to demolish two defective 4 storey buildings in Onitsha
Joseph Irikefe
The Anambra State government has marked 2 four-story buildings for demolition at Amobi Street in Onitsha South Local Government Area.
This is to avert a repeat of the collapse of a two story building…
New electricity charges by DisCos as subsidy goes
Maureen Aguta
The Federal Government Thursday commenced implementation of the new electricity tariff for Band A consumers raised by over 240 per cent.
The new cost per unit of electricity (kWh) is expected to vary…
Malabu OPL 245 fraud: EFCC loses to Adoki
Joseph Irikefe
The Economic and Financial Crimes Commission (EFCC) has parted ways with one of its top prosecutors amid claims that he accepted bribes to sabotage its high-profile case which it lost last month to Bello…
16 months after flag-off-60, FG halts Kolmani oil drilling
Joseph Irikefe
Exploration of crude oil exploration activities at the Kolmani Oil Field has become dormant 16 months after a presidential inauguration of exploration activities on the site.
At the twilight of the…
REVEALED: FG funds N17.7bn/daily petrol subsidy through crude oil sales proceeds
There are indications that the Federal Government through the Nigerian National Petroleum Company Limited (NNPCL) is now spending N17.72 billion daily to fund subsidy on petrol.
Though still shrouded in secrecy, the funding…
Why Nigeria is recording increased crude oil production – Edun
Joseph Irikefe
The Federal Government says improved security in the Niger-Delta is responsible for the increased crude oil production to 1.65 million barrels per day as against the 1.25 million bpd previously…
NUPRC dismisses report on alleged non remittance of revenue to federation account
(PRESS STATEMENT) Re-Audit report indicts NUPRC, Customs for non-remittance into Federation Account
The attention of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been drawn to a rather mischievous story…
Geometric Power: Nigeria power sector set to witness revolution–Afreximbank boss
Joseph Irikefe
The President and Chairman of the Board of Directors of Afreximbank, Prof Ben Oramah, has said that with the coming on stream of Geometric Power in Aba, the commercial city of Abia State, and with the…
Tompolo vows to do everything to ensure oil production increases
Joseph Irikefe
Ex-militant leader and promoter of Tantita Security Services, the Federal Government's main Pipelines Surveillance Contractor, Government Ekpemupolo, also known as Tompolo, has said that he will do…
$288m Aba Economic FZE comes on stream as Tinubu commissions $800m power plant on Monday
Joseph Irikefe
The Aba Integrated Power Project (AIPP) built by Geometric Power at whopping sum $800 million will eventually be flagged off for use on Monday, February 26.
This will be done by President Bola Tinubu to…