The Federal Government is undecided about routing electricity distribution investments through the power distributors operating in the country despite that it owns 40 per cent stake in each of the 11 distribution companies. It, however, stated that it was interested in the well-being of the power distribution firms and urged the Discos to increase their…
The 2017 OPEC World Oil Outlook (WOO) was launched recently at the OPEC Secretariat in Vienna. First published in 2007, the WOO offers a thorough review and assessment of the medium- and long-term prospects to 2040 for the global oil industry, as well as analysis of various sensitivities that have the potential to impact the…
The Federal Government and a consortium of three Chinese firms on Friday signed an agreement for the construction of the 3,050 megawatts Mambilla Hydroelectric Power Plant worth $5.79bn. According to the government, the project which is being constructed in Taraba State is expected to be completed in six years. Funding for the power plant will…
