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NERC set to review power tariffs

By Oke Peter The Nigerian Electricity Regulatory Commission (NERC), on Thursday stated that it would take another look at tariff computation in order to address the various concerns surrounding the issue. According to NERC’s newly inaugurated Chairman, Professor James Momoh, all necessary calculations on electricity tariff will be done by the commission to get the…

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NNPC announces policies to end gas flare

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry. Dr. Baru made the announcement while delivering the lead paper on a panel session at the ongoing 50th Offshore Technology Conference (OTC), in…

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NNPC targets $25bn investments in the gas sector

By Energy Worth The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has disclosed that the country is expecting over $25bn worth of investments in the gas sector. He announced this on Wednesday in different panel sessions at the ongoing 50th Offshore Technology Conference in Houston, United States, according to…

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Respond to Falana’s request on fuel importation, Kachikwu orders NNPC, DPR, PPPRA bosses

By Energy Worth The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has ordered the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru; the Director, Department of Petroleum Resources (DPR), Modecai Ladan; and Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Saidu Abdulkadir, to provide the information being sought by a human…

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Revive power sector, economy, NLC tells Buhari

Leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) seized the occasion of the 2018 May Day celebration to assess the administration of President Muhammadu Buhari, scoring him low on key economic indices, particularly on job creation, industrialisation, power supply among others. In buttressing their point about the dismal performance of…

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