Tag Archives Energy

Power Generation Dips Below 4,000MW Amid Gas, Transmission Issues
Power Generation Dips Below 4,000MW Amid...

Power Generation Dips Below 4,000MW Amid Gas, Transmission Issues

As Muslims celebrate Eid-el-Kabir, power generation in Nigeria dipped below the 4,000 megawatts mark on Tuesday. The total generation in the country stood at 3,958.7MW as of 6am on Tuesday, down from 4,270.7MW on Monday, according to data obtained from the Nigerian Electricity System Operator. On... read more »

Petrol Should Cost More Than N280/litre, NNPC GMD, Kyari Says
Petrol Should Cost More Than N280/litre,...

Petrol Should Cost More Than N280/litre, NNPC GMD, Kyari Says

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has advocated for an increase in the price of petrol to about N280/litre at which Automotive Gas Oil, widely known as diesel, is being sold. Kyari said that Nigeria remains the only country in the... read more »

Dielsel Price Rises to N280, LCCI Predicts Inflation Will Rise
Dielsel Price Rises to N280, LCCI Predic...

Dielsel Price Rises to N280, LCCI Predicts Inflation Will Rise

The price per litre of Automotive Gas Oil, popularly known as diesel, has jumped to N280, occasioned by the recent hike in global oil prices and naira devaluation. The price of diesel on Monday ranged from N270 to N280 per litre in several filling stations in Lagos. Reports say the price of the... read more »

Marketers Hike Petrol to N170
Marketers Hike Petrol to N170

Marketers Hike Petrol to N170

Fuel marketers have commenced increasing their petrol pump prices amid the supply shortfall facing private depots in Apapa, Lagos State. Filling stations in Lagos and Ogun states increased the pump price of petrol to N170 per litre on Tuesday from N162 per litre, Punch reports. Among the stations... read more »

PDP Cautions Buhari against Fuel Price Hike
PDP Cautions Buhari against Fuel Price H...

PDP Cautions Buhari against Fuel Price Hike

The main opposition party, the People’s Democratic Party (PDP) has warned President Muhammadu Buhari administration against the further increase of fuel price. According to the opposition party, the APC administration is undertaking discussions and consultations aimed at the upward review of fuel... read more »

Scores Injured as Gas Explosion Hits Rivers Community

Scores Injured as Gas Explosion Hits Rivers Community

Many people sustained varying degrees of injury while some residents fled as a gas plant exploded in Rumuodomaya community, Obio/Akpo Local Government Area of Rivers State on Saturday... read more »

Minister of Power Directs NERC to Suspend Reviewed Electricity Tariff

Minister of Power Directs NERC to Suspend Reviewed Electricity Tariff

The minister of power, Saleh Mamman, has asked the Nigerian Electricity Regulatory Commission, NERC, to suspend the implementation of the reviewed electricity tariff. The directive followed... read more »

NERC Ratifies Fresh Increase in Electricity Tariff

NERC Ratifies Fresh Increase in Electricity Tariff

The Nigerian Electricity Regulatory Commission, NERC, has ratified an increase in electricity tariff across the country, effective from January 1, 2021. This was contained in a directive... read more »

Gov Ugwuanyi Rates Improved Power Supply as his Administrations Highpoint

Gov Ugwuanyi Rates Improved Power Supply as his Administrations Highpoint

Governor Ifeanyi Ugwuanyi of Enugu State has said that the stepping down of 30MVA in Nsukka from the 132KV Makurdi Feeder, which his administration facilitated, to improve the quality of... read more »

FG Reduces Petrol Price by N5 Per Litre

FG Reduces Petrol Price by N5 Per Litre

The federal government has announced a N5 reduction in the price of Premium Motor Spirit, popularly known as petrol, bringing the pump price down to N162.44 per litre. The new price which FG said... read more »