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Environment & Oil &gas
Unending hardship as Power Minister advocates removal of electricity subsidy
Maureen Aguta
The Minister of Power, Chief Adebayo Adelabu, has advocated for Nigeria to migrate to a full cost-reflective tariff regime if the Federal Government cannot pay for subsidies owed to the market.
Adelabu,…
Many feared killed in Imo pipeline explosion
Joseph Irikefe
Many people were reportedly burnt beyond recognition after a tanker suspected to be used by oil thieves exploded in the forest of Obitti, Ohaji/Egbema Local Government Area of Imo State.
Advocacy…
Why Geometric Power’ll make a difference in electricity supply, by expert
Joseph Irikefe
Ahead of the commissioning in February 2024 of the 188 megawatt Geometric Power plant in the Osisioma Industrial Area of Aba in Abia State, one of the most influential figures in Nigeria’s power sector…
Abia refinery commences operation in 2025–Commissioner
Joseph Irikefe
The Commissioner for Information in Abia State has given the date for the completion of the Abia Industrial and Innovation Park modular refinery.
The project will increase revenue for the government…
Ajaokuta Steel owe N33bn electricity debt despite been un-operational for 45 years
Joseph Irikefe
Minister of Steel Development, Shuaibu Abubakar Audu, has expressed dismay over the whopping sum of N33 billion electricity debt owed by the Ajaokuta Steel Company despite been out of operation for…
Anxiety over ending fuel import in 2024 as NNPCL misses P/H refinery December take-off
Joseph Irikefe
There is uncertainty over the Nigerian National Petroleum Company Limited (NNPCL) declaration that it would end the importation of refined petroleum products by December 2024 as Nigeria’s largest state owned…
Electricity: Over 7m customers still on estimated billing
Joseph Irikefe
Amid push by power sector operators for the Federal Government to end subsidies on electricity tariff, it has emerged that over seven million customers remain without electricity meters in the power…
High price of cooking gas persists despite tax cut
Maureen Aguta
The Nigerian Federal Government’s policy to make Liquefied Petroleum Gas (LPG), or cooking gas, more affordable has yet to yield the desired effect on the economy, according to Dr. Ayo Anthony, an economist.…
Price of cooking gas to fall as FG exempts L PG from Customs Duty, Value Added Tax
Maureen Aguta
The Federal Government has exempted the importation of liquefied petroleum gas (LPG) and its equipment from the payment of customs duty and value-added tax (VAT).
The move is expected to result in a drop…
Imo modular refinery starts operation at 600m liters daily
Joseph Irikefe
A modular refinery owned by Waltersmith Petroman Oil Limited has received praise from the Federal Government.
The refinery, located in Imo State help provide a solution to Nigeria's energy challenges. Already, the…