Damilola Shittu – Abuja The review of the performance of the electricity distribution companies carved out of the defunct Power Holding Company of Nigeria will take place before December 2019. The Director-General, Bureau of Public Enterprises, Mr Alex Okoh, disclosed this in a statement made available to our correspondent in Abuja on Sunday. Okoh said…
By Oke Peter As the popular third edition of Nigeria Mining Week (NMW) begins today, Minister of Mines and Steel Development, Honourable Bawa Bwari, will be presenting a ministerial address on ‘New perspectives for 2018-2030: What has been achieved to date? How will future goals be achieved to ensure the sustainability of the Nigerian mining…
The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated a committee constituted by its personnel and representatives of the Federal Ministry of Interior (FMI) and the Nigerian Immigration Service (NIS). The intent is to forge close collaborations in the management of expatriate quota (EQ) and grow Nigerian participation in the oil and gas industry…
The Presidential Committee on Revenue Mobilisation may have jettisoned the revenue reporting and remittances template of the Nigerian National Petroleum Corporation (NNPC), with a new template now underway. A hint on this was given by the Finance Minister, Hajiya Zainab Ahmed, while addressing the media at the concluding sessions of the Annual Meetings of the…
By Esther Abiola Tragedy struck on Friday as a pipeline belonging to Pipelines and Product Marketing Company (PPMC), exploded and burnt over 50 persons to death in Aba, Abia State. It was a gory sight as charred bodies of the victims littered the scene, even as over 30 persons are receiving medical attention at different…
The International Energy Agency (IEA), as part of the EU4Energy programme, hosted a pair of policy forums in Samarkand, Uzbekistan, this week. The Renewables and Focus on Solar Policy Forum took place from 9-10 October, followed by the Research, Development and Demonstration Policy Forum on 11 October. Over 100 participants attended the three-day event, including…
By Tsvetana Paraskova Expensive energy is back and it is threatening global economic growth, the International Energy Agency (IEA) said in its Oil Market Report on Friday, joining other organizations like the International Monetary (IMF) and OPEC that also expressed this week concerns about mounting challenges to economic and oil demand growth. Brent Crude prices…
By Irina Slav President Trump has warned China that Washington is taking measures to curb the exporting of nuclear technology to China, adding that Americans were not “stupid”, AFP reports as the Department of Energy released yesterday a set of measures “to prevent China’s illegal diversion of U.S. civil nuclear technology for military or other…
By Oke Peter Vice President Yemi Osinbajo says $1 trillion is required to improve Nigeria’s energy infrastructure in 29 years. Osinbajo made this known while declaring open a 2-day National Energy and Climate Change Summit at the State House Banquet Hall, on Thursday in Abuja. The summit was organised by the Energy Commission of Nigeria…
Damilola Shittu – Abuja The Federal Government is seeking collaboration with oil suppliers to end unwholesome practices and sanitise the oil and gas sector of the Nigerian economy. Consequently, the ministries of Power, Works and Housing, Labour and Employment, Environment, the Nigeria Security and Civil Defence Corps (NSCDC) and other key agencies are to partner…
