By Oke Peter Rivers State governor, Nyesom Wike on Monday declared that the disputed Soku oil wells belong to the people of the state as affirmed by a Federal High Court. He said the court verdict was based on the admission by the National Boundary Commission that it erroneously shifted the boundary between Rivers State and…
The Minister of State for Petroleum Resources, Chief Timipre Sylva said the Federal Government would continue to support effort to ensure the take off of Waltersmith modular refinery by May 2020. Sylva gave the assurance during his inspection visit to the Walthersmith Modular Refinery construction site located in Ohaji/Egbema Local Government Area, Imo State. The…
Damilola Shittu – Lagos Ten governors on the platform of the Nigerian Governors Forum (NGF) Friday visited the Dangote Refinery and Petrochemicals at Ibeju-Lekki in Lagos, stating that it is a pride to Nigeria and Africa. The governors, led by the Forum’s chairman, who is the Governor of Ekiti State, Dr. Kayode Fayemi, described the…
Italian prosecutors have been asked to produce a Nigerian ‘super witness’ who is a retired Assistant Inspector-General of Police, Isaac Eke, in the ongoing probe of the $1.1bn Malabu oil scandal. The Palace of Justice in Milan, Italy, during the week told prosecutors to make the key witness appear before it by January 29, 2020,…
White Paper presented at Power Sector Roundtable Conference hosted by Mainstream Energy Solutions Limited on September 24, 2019 at Kainji Dam Hydropower Plant, Niger State BackgroundThe slow pace of economic diversification The Economic Recovery and Growth Plan (ERGP) contains the federal government’s position to diversify the economy away from oil towards developing the agricultural and…
The Nigerian Electricity Regulation Commission (NERC), on Saturday, said Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43.3 per cent in the second quarter of 2019. The Second Quarter Report was obtained by the News Agency of Nigeria (NAN) in Lagos from the website of NERC. NERC also said Jos and Kaduna…
The ambitious Integrated Resource Plan may struggle to convince investors and overcome vested interests. The reality could include a far greater dependence on gas than envisaged. The South African energy sector is in desperate need of investment and reform—with state power utility Eskom as its emblematic, dysfunctional centerpiece—while potentially transformative discoveries await development. South Africa…
Investment company Crypto Valley Venture Capital (CV VC) visits Mauritius as part of a delegation led by the Swiss Blockchain Federation and organised by the Swiss Embassy to build ‘blockchain bridges’. Investment company Crypto Valley Venture Capital (CV VC) has visited Mauritius as part of a delegation led by the Swiss Blockchain Federation and organised…
By Oke Peter The 4th annual Regional Energy Summit: West Africa (RES: West Africa) begins today in Dakar, Senegal. The event will bring together over 300 investors, project leaders and utilities stakeholders to engage and present the latest developments on enhancing the energy mix within West Africa. The event will hold from 2-3 December 2019…
Nigeria’s power management giant, Schneider Electric in partnership with the National Power Training Institute (NAPTIN) and the French Development Agency has concluded the second round of its training programme for electricians in Lagos. The second round of the training, which commenced September 3rd, rounded off on the 26th of November, 2019. Schneider Electric and NAPTIN…
