Nigeria’s sales revenue from white products rise to N1.877 trillion
A total sale of ₦151.42 billion was made on the petroleum products for white products by Petroleum Investment Management company (PPMC) in the month of September 2017, compared with ₦111.36 billion sold in the prior month of August 2017. According to the Nigerian National Petroleum Corporation (NNPC) which made this disclosure in its monthly financial report,…
Azura IPP synchronizes first turbine
The first turbine of Azura Edo IPP has been synchronized to the national grid and it is expected to undergo a battery of tests over the coming five weeks. The 459MW Azura-Edo IPP is located in Benin City, Edo State and comprised of three Siemens turbines, each of which is capable of producing 153MW. The…
House Committee raises alarm over continuous gas flaring in Niger Delta
The House of Representatives Adhoc Committee investigating revenue leakages in Nigeria’s oil and gas industry has frowned at the continuous flaring of gas in the Niger Delta.
TCN builds capacity to transmit over 20,000MW by 2021
The Transmission Company of Nigeria (TCN) has assured that through the implementation of its ongoing Transmission Rehabilitation and Expansion Programme...
Shell rewards energy entrepreneurs
Ngozi Deborah Atalor, a Shell Nigeria LiveWIRE entrepreneur has emerged winner of the pitching competition for young Nigerian entrepreneurs in alternative energy business...
$550m Ondo power plant: PPA will boost investors’ confidence, improve national grid by 550MW
The Power Purchase Agreement (PPA) between Kingline Development (KLD) and Nigeria Bulk Electricity Trading Plc (NBET) for construction of 550Mega Watts(MW) plant valued at 550million dollars will boost confidence of would-be investors in the project.
World Bank proposes $1billion for FG’s power reform
The Word Bank has its renewed commitment to support the Federal Government’s Power Sector Recovery Programme (PSRP), with a proposed $1billion Performance Based Loan (PBL).
Firm boosts electricity supply to households
Burdened by the inadequate electricity supply to households in Nigeria, an indigenous oil firm, has commissioned off-grid power solutions in Nigeria.