Energy – Newsallround

BUHARI APPOINTS SENATOR ARARUME CHAIR OF NNPC, BOARD, DIRECTS CORPORATION’S INCORPORATION

·September 19, 2021
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By Joy Okosieme President Muhammadu Buhari has appointed a board for Nigeria's national oil company, the Nigerian National Petroleum Corporation(NNPC). Presidential spokesman, Femi Adesina disclosed this in a statement on…

How Buhari-led petroleum ministry ‘mismanaged’ N244 million PIB ‘campaign’ funds, others – Report

·August 20, 2021
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The report says the ministry "bypassed the procurement process and ‘mismanaged’ over N244 million meant for the campaign awareness of the Petroleum Industry Bill recently signed into law by the…

Nigeria’s Agbami: A $874 Million Per Quarter Temptation

·March 9, 2021
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Nigeria has an acute need for dollar inflows. With oil prices rising and predicted to go over $75 while OPEC+ production cuts remain in place, Agbami’s 140,000 bpd may translate…

Electricity tariffs hike: NLC accuses FG of doublespeak, insists on government’s respect for agreements

·January 8, 2021
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By Joy Okosieme Nigerian workers have accused the Muhammadu Buhari led Federal Government of insincerity with respect to ongoing negotiations over the hike in electricity tariffs. The umbrella body…

AfDB provides $25 million funding for medium scale independent power producers

·December 19, 2020
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By Joy Okosieme The African Development Bank’s Board of Directors on Monday 14 December 2020 approved $15 million from the Sustainable Energy Fund for Africa and $10 million…