Stakeholders in Africa’s electricity market, on Friday launched the Africa Mini-grid Developers Association (AMDA), pledging to leverage the potentials of mini-grid renewable electricity sources to deliver power to at least 140 million Africans. AMDA which plans to be continent-wide with chapters currently in Kenya and Tanzania, and new ones expected to open in Nigeria –…
By Oke Peter The National Engineering and Technical Company Limited on Friday announced that its profit before tax for the 2017 financial year dropped by 34 per cent to N3.26bn when compared with the previous year. NETCO, a subsidiary of the Nigerian National Petroleum Corporation, stated that the PBT decreased by 34 per cent when…
By Oke Peter The Nigerian National Petroleum Corporation (NNPC) has said it will encourage initiatives targeted at enhancing Nigerian investors in the oil and gas sector. Group Managing Director, Maikanti Baru, said yesterday, that the national oil company would support engineering development to ensure technological advancement of the nations oil and gas industry. He disclosed…
