NNPC refineries generate zero revenue, pay workers N69bn
Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process a single barrel of crude oil.
Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process a single barrel of crude oil.
The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.
On the issue of climate change, Prof Osinbajo probed, “how is the African insurance industry preparing for the interesting days ahead?”
The recognition which coincides with Schneider Electric’s announcement of its accelerated sustainability programme marks a big jump from 29th place the previous year and represents a high-profile external acknowledgment of the company’s long-standing commitment to Environmental, Social and Governance (ESG) issues.
Nigeria’s leading Electricity Distribution Company, Ikeja Electric (IE), has partnered with DashMe Foundation, in a philanthropic alliance that seeks to mobilize its workforce and resources towards donating to support charity.
Investigations revealed that Sale Mamman, shortly after he assumed office in August 2019 courted many controversies and stepped on toes.
About six million power users are still paying for electricity through estimated bills despite the various metering schemes adopted by the Federal Government and operators since the sector was privatised in November 2013.
According to the statement by its General Manager, External Relations and Sustainable Development, Eyono Fatayi-Williams, NLNG supplied over 80 per cent of its LPG sales (butane/cooking gas) to the Nigerian market in 2020.
Efforts to get the Nigerian Electricity Regulatory Commission to react to the document were abortive, as the spokesperson for the agency, Usman Arabi, refused to pick calls.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) yesterday moved against corruption related matters arising from estimated billings, illegal sale of meters and other related offences in the electricity sector.