Ikeja Electric targets 100,000 meters under MAP scheme
In accordance with the directives of the Nigerian Electricity Regulatory Commission (NERC) to bridge the lingering metering gap through the new Meter Asset Providers (MAP) initiative, Ikeja Electric Plc ....
Forum to advance enabling policy for gold value-chain
To strengthen West Africa’s gold value chain, as well as enable relevant policies and market infrastructure for the commodity’s ecosystem, stakeholders have concluded plans to position Nigeria as a player through the first gold conference in the region.
Gradual shift to natural gas for local consumption in Nigeria
Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, IEA’s latest yearly market report.....
Armese to support MAPs grappling with local content
An indigenous meter asset provider, Armese Power Solutions, has pledged to help meter asset providers (MAPs) newly engaged by the 11 distribution companies (DisCos), to meet local content requirements for rollout in line with the Federal Government....
Nasarawa pledges support for solid minerals development
As a policy continuity strategy, Governor Abdullahi Sule has said his focus would include mainly, the development of solid minerals potential of Nasarawa State.
Armese pledges lifeline for MAPs grappling with local content requirement
Indigenous meter asset provider, Armese Power Solutions, has pledged its capacity to help Meter Asset Providers (MAP) newly engaged by the 11 distribution companies (DisCos) meet local content requirements for meter rollout in line with the Federal Government’s MAP regulation. The regulation specifies a mandatory local content threshold, which requires MAPs to source a minimum…
Government predicts gas price fall, higher demand by 2027
With stakeholders expressing concerns about the price of natural gas in the domestic market, the Federal Government has said convergence of factors such as government intervention, inauguration of OB3, NNPC’s Seven Critical Gas Projects, and other upstream gas investment should lead to fall in domestic gas price. Besides, the government also projected an increase…
Why Nigeria will miss 10,000MW transmission capacity by 2020
About six month into a 2020 target set by the Federal Government to boost power transmission wheeling capacity to 10,000 megawatts (MW), stakeholders in the nation’s electricity sector yesterday insisted the plan is only a mirage. The plan, which is part of a Transmission Master Plan, designed by the Transmission Company of Nigeria (TCN), had…
‘Geopolitical forces’ influence oil prices more than market dynamics’
The Amukpe-Escravos, 160000 bpd, 67 km x 20 in horizontal directional drilling (HDD) export line is first of its kind in Nigeria and Africa.
Osinbajo to commission LPG cylinder manufacturing plant
Vice-President Prof. Yemi Osinbajo is to commission a cooking gas manufacturing plant in Lagos on Friday the biggest of its type in West Africa.