Nigeria: Exporting electricity amid stark darkness
When Nigeria became independent in 1960 and inherited the well-run Electricity Corporation of Nigeria (ECN), which was established in 1951 by the then colonial administrators, many probably, did envisaged that the country’s power sector would end up as an albatross.
Nigerians shortchanged with fuel price slash
For pegging the pump price of petrol at N125 per litre, the Federal Government would be shortchanging Nigerians to the tune of N3.3 billion daily on the 55 million litres of the product consumed...
Exploring hydrocarbon prospects in North’s Inland Basins
After about 40 years, Nigeria has returned the search for oil in the North. The debate on the viability of the search, primarily championed by President Muhammadu Buhari has divided stakeholders. Apart from seeing the project as a northern agenda, and a waste of taxpayers resources, some stakeholders have repeatedly condemned the project, while others…
Entrepreneurs mull two weeks warning strike
Members of the National Association of Enterprise Employers (NAEE) have threatened to embark on a two-week warning strike following Central Bank of Nigeria...
NAEE blames power failure on lack of transparency, seeks NERC’s independence
The Nigeria Association of Energy Economic (NAEE) has said that power supply in the country would not improve until industry operators ensure transparency in the energy sector.
Kachikwu, Olorunsola bag NAEE fellowship award
The Minister of State Petroleum for Petroleum, Dr Ibe Kachikwu, former director, Department of Petroleum Resources (DPR), Olsten Olorunsola and Executive Secretary of Petroleum Technology Development Fund (PTDF), Dr Aliyu Gusau have bagged the Nigerian Association of Energy Economics (NAEE) distinguished fellowship award.
What another fuel price hike will mean for Nigerians
Any change in the pump price of the Petroleum Motor Spirit (PMS) better known as petrol will alter the returning economic indices and relative price stability, renewing a slide in purchasing power of the citizens, experts have warned.
Iledare: Corruption, tribalism jeopardising effective management of Kaduna Refinery
There are many reasons for the regular shutting down of the Kaduna Refinery, but by far, the major challenge is the lack of crude, maybe due to the fact that the pipelines that are supposed...