Kaduna refinery inactive as NNPC loses N10.96bn –Report

The Kaduna Refining and Petrochemical Company, one of the country’s crude oil refineries being managed by the Nigerian National Petroleum Corporation (NNPC) has remained dormant. According to the corporation, the refinery’s capacity utilisation has remained at zero for months, as the KRPC is not refining crude oil despite receiving the commodity. In its latest monthly…

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We ‘ll add 4.2 gigawatts to national grid –FG

The Federal Government has commenced moves to deploy underutilised power assets to deliver incremental power to industrial centres and needy communities in the country by generating additional 4.2 gigawatts of power to the national grid in the next 12-18months. A statement by the Strategy and Communications Adviser to the Minister of Industry, Trade and Investment,…

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NERC considers limiting estimated billing by power firms

By Energy Worth As the outcries from electricity consumers over ‘crazy’ bills continues to rage almost five years after the privatisation of the power sector, the Nigerian Electricity Regulatory Commission (NERC) is considering putting limits on estimated billing. NERC noted that the issue of estimated billing had continued to constitute a major source of complaint…

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We ‘ll review DisCos’ performance next year -FG

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…

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EU to assist Buhari’s LGA with 330KVA transformer

The European Union and French Development Bank have committed to procure a 330KVA transformer to improve power supply to Daura LGA and surrounding communities in Katsina, the Transmission Company of Nigeria (TCN) has said. An official of the company, Mr Wale Adeyemi made this known on Tuesday during an inspection of the project site, saying…

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