The Nigeria LP Gas Association (NLPGA), has asked its members and operators to ignore the directive of the Petroleum Products Pricing Regulatory Agency (PPPRA), on the levy and administrative fee imposed on Liquefied Petroleum Gas (LPG) or cooking gas despite the product being deregulated. The Association had argued that imposingRead More

…Cost of repairs set to hit N1tr …Why pipeline vandalism persists Nigeria’s cost of pipeline repairs and management may soon hit N1 trillion as facilities were damaged 9,420 times in five years, as vandals steal oil and gas. This sum and other recorded losses could build a refinery with theRead More

By next month, the Federal Government will commence the conversion of cars and generating plants for gas fuelling. The Minister of State for Petroleum Resources, Timipre Sylva, spoke on NTA’s “Good Morning Nigeria” which our Abuja correspondent monitored on Monday. Shortly after his assumption of office, he had vowed to provideRead More

OpeOluwani Akintayo Lagos — While it is no longer news that electricity tariffs were hiked by between 50% and 100% depending on the location, what most electricity consumers are concerned with is how to cut down on electricity usage thereby saving cost. The first step is to identify the biggest energy-consumingRead More

The Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Ltd (CNL) Joint Venture has donated a Polymerase Chain Reaction (PCR) laboratory facility to Warri Central Hospital in Delta. The facility was donated to the hospital in Warri, to assist in curtailing the spread of COVID-19 in the state. Also donatedRead More

The World Bank-backed power plant $900m Azura-Edo Independent Power Plant in Edo state has been unable to source dollars through the Central Bank of Nigeria, which has restricted access to the greenback in an effort to support the local naira currency, according to an industry executive and a financier briefedRead More

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price. Ahmed said this is because the refinery is located at the ExportRead More

By Olatunde Dodondawa Nigerians have called on the Federal Government to establish a metering agency that will be responsible for metering only. The calls become imperative due to the recent hike in electricity tariff without improvement in power supply while many customers have no control over their energy consumption dueRead More

By Olatunde Dodondawa     Nigerian Electricity Regulatory Commission (NERC) is set to deploy data loggers in all power feeders belonging to Distribution Companies (Discos) to prevent them from ripping Nigerians off, following the transition of tariffs regime to the number of hours supplied. A data logger is a specialisedRead More

OpeOluwani Akintayo The Fourteenth of September 2020 is a very special day for the Organization for the Petroleum Exporting Countries, OPEC. This sees the Organization celebrate its 60th anniversary. In a statement on Monday, the Organization said the 60th anniversary is a time to reflect and appreciate the efforts of all those who have worked soRead More