Energy

A technical malfunction plunged 14 Ogun communities into a power outage, according to IBEDC

Currently, 14 communities in Ogun State are facing power outages, attributed by the Ibadan Electricity Distribution Company (IBEDC) to technical faults in power installations. IBEDC's...

Minister aims to attract increased investments in the gas sector

The Minister of State for Petroleum Resources, (Gas), Heineken Lokpobiri, urged increased investments in tapping into Nigeria's vast gas reserves during the 8th Sub-Saharan...

Government intends to impose penalties on underperforming Distribution Companies (Discos) to address outages

Power distribution companies in the Nigeria Electricity Supply Industry that fall below specified standards will face a 50% reduction in their operating expenditures, as...

Tinubu has officially endorsed the revised Electricity Act bill, making it law

President Bola Tinubu has officially endorsed the Electricity Act (Amendment) Bill, 2024, into law, as disclosed by his Special Adviser on Media and Publicity,...

NNPCL has granted concessions for 36 oil blocks to IOCs and other entities

The most recent data from the Nigerian National Petroleum Company Limited reveals that no fewer than 36 oil blocks are currently under concession to...

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