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NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty

The Nigeria Liquefied Natural Gas (NLNG) at the weekend successfully discharged 13,000 tonnes of LPG to Lagos Jetty as part of measures to curtail reported scarcity across the country.   A statement issued by NLNG’s General Manager (External Relations), Kudo Eresia-Eke, explained that the vessel is scheduled to return to NLNG’s ...

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FASHOLA CHARGES SERVICE PROVIDERS IN THE POWER SECTOR TO MAKE CUSTOMER SERVICE THEIR FOCUS

      The 11th monthly meeting of the Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN with Operators in the Power Sector, has held at the Ikeja West Transmission Station, Ayobo, Lagos with the Minister restating the need for the service providers to make optimum customer service ...

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Senate rejects Akinwande for NERC Chairman, ask for new nominee

THE inability of the nominee of President Muhammadu Buhari for the chairmanship position of the Nigerian Electricity Regulatory Commission (NERC), Professor Akintunde Akinwande to appear before Senate Committee on Power has prompted the Senate to reject his nomination and requested for another nominee for confirmation. Upper chamber of national assembly ...

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Nigeria’s NNPC awards 2017 crude oil term contracts to 39 companies

State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said on Tuesday. The contracts covering about 1.31 million barrels per day (bpd) of crude oil were awarded to 18 Nigerian companies, 11 international trading houses, five foreign refineries, three national ...

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Oando completes $115.8 million gas and power partial divestment to Helios

Oando Plc has announced the completion of a partial divestment of 49 per cent of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited (OGP), to Glover Gas & Power B.V., a special purpose vehicle owned by Helios Investment Partners LLP (Helios), a premier Africa-focused private ...

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New Investors join Scatec Solar to develop the 100 MW Nova Scotia Solar Project in Nigeria

  Scatec Solar (www.ScatecSolar.com) has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), securing investment into the 100 MW (DC) Nova Scotia Power plant located in ...

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AfDB approves $100 million loan to Kainji, Jebba Hydro Power Project

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of $100 million, comprising $80 million loan and $20 million equity for the rehabilitation of the Kainji and Jebba hydro plants to increase available capacity from the current available capacity of 917 MW to installed ...

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