The electricity sector has not been left out of this ongoing negative impact resulting from the COVID-19 pandemic, as it continues to struggle with increased epileptic power supply and increased losses stemming from unpaid electricity debts due to lack of cost-reflective tariffs and decreased consumer spending.
We verily believe that this outright fabrication was sponsored by those angling to contest for the senatorial elections in Bayelsa West Senatorial District, who are in the habit of concocting wild allegations to distract the NCDMB and lure us into local politics.
By Chris EverettThe $150-billion organic food industry has a major fertilizer problem that could hinder its growth.Massive livestock operations from Europe to North America have an even bigger problem: They’re producing catastrophic volumes of polluting waste they have nowhere to put, and it’s a damage-control cost they have to deal with.The solution to both will…
By Oke Peter The Group Managing Director of theNigerian National Petroleum Corporation(NNPC), Mele Kyari has disclosed that Nigerians and neighbouring countries that benefit from smuggling consume 54 million litres of petrol per day. Kyari said this at an interactive hearing on ‘Exiting petroleum subsidy: Ensuring self-sufficiency in domestic refining of petroleum products.” The event was…
Nigeria now has the highest number of people lacking electricity access in the world, at a total of 85 million Nigerian citizens.
By Oke Peter Honourable Minister of State for Petroleum Resources, Timipre Sylva, has commemorated with Nigerians on the Nation’s democracy day celebrations, describing it as a moment of deep national pride and introspection. In a statement signed by his Special Assistant on Media and Public Affairs, Julius Bokoru, on Friday, Sylva believes, as we all…
Nigeria’s marginal fields licensing rounds have been the cornerstone of Nigeria’s upstream local content development strategy since the early 2000s. Following its marginal fields licensing rounds in 2001 and 2013, the Nigerian Department of Petroleum Resources (DPR) recently released guidelines on the 2020 licensing round. Under the 2020 licencing round, a total of 57 fields…
Providing reasons for the increase in meter cost, the commission explained that the hike in foreign exchange rate by the Central Bank of Nigeria was a contributory factor.
The Chairman, Seplat Petroleum Development Company Plc, Dr. ABC Orjiako, recently spoke to journalists on the performance of the company, the oil and gas industry and other issues. Energy Worth Online brings the excerpts The year 2019 was an interesting year and 2020 has been characterised by so much uncertainties, what factors will drive the…
Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?
