The Nigeria Electricity Regulatory Commission (NERC), says it is working on alternative energy sources to boost power supply in the country.Its Chairman, Prof. James Momoh made the disclosure in an interview with the News Agency of Nigeria (NAN) in Igarra, Edo.
‘It’s a disgrace we’ve delayed oil blocks, marginal fields rounds’
The oil sector dropped by 3.9 per cent in the second quarter because oil production dropped to 1.8 million barrels per day from two million barrels per day in the first...
Experts list challenges facing solid minerals sector
Owing to the fact that the vast majority of extractable mineral reserves in the country are yet untapped, a senior geologist, Benjamin Ukwuteyinor, has called for reforms in the sector.
Eko DisCo’s 20MW project expansion to lift supply to Lekki, others
Eko Electricity Distribution Company (EKEDC) says its on-going power project expansion will up supply to residents of Oniru, Maroko and Lekki environs within its network.
Energy sustainability is critical to fixing other sectors, says Abazie
For other sectors of the economy to flourish and perform optimally, Nigeria must get its energy framework right.
‘SSAOGES 2018 will shape Africa’s energy culture’
The Sub-Sahara Africa Oil, Gas and Energy Infrastructure Summit, which will bring together African nations situated south of the Sahara Desert with mainly rich endowments...
Nigeria now haven for ‘dirty fuels’ as regulations fail
Failure on the part of industry regulators in Nigeria has relegated Nigeria to the background among the comity of nations, thus making it a destination for dirty fuels. Petroleum products that are not accepted in other parts of the globe including most African nations, have continued to flood the country’s product space, leaving Nigerians, the…
Reset market, implement cost reflective tariff to attain steady power, expert urges FG
As the five years Performance Agreement which the 11 Electricity Distribution Companies signed with the Federal Government lapses, November this year, experts have called on the Federal Government to reset the market and commence a new set of agreements with the investors, if the nation is desirous of a stable and efficient power sector. A…
Power sector fortunes dwindle amid high expectations
Inadequate gas supply, transmission bottlenecks and limited distribution networks are currently the major setbacks faced by the power sector, not leaving out the liquidity challenge in the electricity industry, with particular emphasis on the poor remittance by the power distribution companies ...
NCDMB boss wants increased lawyers participation in oil, gas reforms
The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote,, says Nigerian lawyers should get more involved and active in the ongoing reforms in the oil and gas industry.
ExxonMobil cries out over ex-employees blockade
ExxonMobil has raised the alarm over a blockade by its former employees, saying the action threatens crude production at oil facilities in Nigeria. “Disruptions to these operations have the potential to significantly impact revenues,” the oil firm said in a statement....