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Buhari name James Momoh Chairman NERC

    President  Muhammadu Buhari has nominated Prof. James Momoh for the position of Chairman of the Nigerian Electricity Regulatory Commission (NERC). The President’s nominee to the Senate for confirmation is a Professor of Electrical Engineering and Computer Science; and Director of Energy Services and Controls at Howard University, United ...

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NBS Says Daily Power Generation Peaked to 5,846 MW in Q1 2017

    Click here to download full PDF report Executive Summary The power generation statistics for Q1 2017 reflected that a total average of 3,687 MW of energy was generated by power stations as Afam VI Power Plant contributed about 12.64% share of the average energy generated which represents the ...

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Shell says it knew some payments for Nigeria oilfield would go to Malabu

    Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield would go to Malabu Oil and Gas, a company associated with a former Nigerian oil minister and convicted money launderer. Shell spokesman Andy Norman said the ...

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Niger Delta States Indicate Interest in Community-Based Modular Refineries

Professor Yemi Osinbajo, Nigeria’s Vice President *We will engage on basis of trust-VP *Meets Gbaramatu leaders & US investors on proposed project  April 6, 2017/Press Release As implementation efforts on President Muhammadu Buhari’s New Vision for oil-producing communities in the Niger Delta region progress, states in the region are beginning ...

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Transcorp Power positively impacts host community

  On the 13th of March 2017, Transcorp Power Limited commissioned a 115MW gas turbine to much fanfare. This commissioning is one of three milestones the GENCO intends to achieve in order to increase the power plants total generating capacity to 850MW. This by all standards is truly an impressive ...

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Federal High court upturns seizure of oilfield from Shell and Eni

The  Federal High Court sitting in Abuja on Friday overturned a request by Nigeria’s financial crimes agency to seize an oilfield from Royal Dutch Shell and Eni . In January, a court had ordered the seizure of the OPL 245 oil block and transfer of operations to the federal government ...

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NNPC yet to remit $15.8bn to Federation Account -NEITI

        The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Nigerian National Petroleum Corporation (NNPC) is yet to remit $15.8 billion collected from Nigeria Liquefied Natural Gas (LNG) to the Federation Account, in spite of the report submitted to the Federal Government. Mr Peter Ogbobine, Director Legal, ...

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Obasanjo, Yar’Adua, Jonathan endorsed Malabu Oil agreement, says Adoke in letter to AGF

Mr. Abubakar Malami, SAN     Honourable Attorney General of the Federation And Minister of Justice, Federal Ministry of Justice, Shehu Shagari Way, Abuja. RE: SETTLEMENT OF DISPUTE OVER OWNERSHIP/OPERATION OF OPL 245, BETWEEN THE FEDERAL GOVERNMENT OF NIGERIA, SHELL NIGERIA ULTRA DEEP AND MALABU OIL AND GAS LIMITED May ...

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GE Partners with The Tony Elumelu Foundation on Lagos Garage

  The partnership results from the mutual interest of both organizations to foster economic growth and empowerment in Nigeria by building a skilled workforce and driving entrepreneurship development in the country *GE to offer an advanced manufacturing training program at Lagos Garage for up to 25 Tony Elumelu Entrepreneurs every ...

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