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IPMAN President Promises Inclusive Leadership
The Newly affirmed National President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, by the Supreme Court of Nigeria, Chief Kolawole Adewoyin, has pledged to operate an inclusive leadership in the association Chief Adewoyin gave the pledge at a news conference held in Ibadan. The IPMAN National President, who announced the appointment of Alhaji…
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FEC Orders Full Implementation of Naira-for-Crude agreement
The Federal Executive Council, FEC, has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry of Finance disclosed this on its official X handle titled “Update on the Crude and Refined Product Sales in Naira Initiative,” on Wednesday. Recall that the first phase of the six-month deal involving the…
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Ogun Govt. to Take Over 9MW Hydro Power Plant
By Abimbola Bamgbose Ogun State Governor, Prince Dapo Abiodun, has announced plans to take over the 9-megawatt hydro power plant at the Ogun-Osun River Basin Development Authority as part of efforts to enhance electricity generation in the state. Speaking during an on-the-spot assessment of the facility on Friday, Governor Abiodun revealed that his administration was…
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Ministry Intervenes in IBEDC Workers Crisis
By Bunmi Agboola Dispute between the Nigerian Labour Congress (NLC) and Ibadan Electricity Distribution Company (IBEDC) as well as the Premier International Procurement Logistics Limited (PIPLL), has taken a new turn, with the Federal Ministry of Labour and Employment calling for more dialogue between the aggrieved parties for peace to reign. During a meeting with…
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Abiodun Announces 24 Hours Uninterrupted Electricity
By Abimbola Bamgbose Governor Dapo Abiodun of Ogun State has announced that an Independent Power Plant, IPP, capable of providing twenty-four hours of uninterrupted electricity to significant parts of Abeokuta, the state capital, will be ready for commissioning within the next eight weeks. Governor Abiodun made this known after inspecting the thirty-megawatt power plant in…
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FG Adopts Smart Metering System
By Olawale Asake In a bid to enhance revenue collection, reduce energy theft and provide accurate billing in the power sector, Nigeria has adopted Smart Metering Systems as part of notable transformations in the sector. Minister of Power, Chief Adebayo Adelabu made this known while delivering a Lecture on “Digital Transformation, Journalism, the Power Sector…
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NNPCL Gears Up for Oil Exploration in Ogun
By Abimbola Bamgbose The quest of Ogun State to be an oil producing state will soon materialize as the Nigerian National Petroleum Corporation Limited, NNPCL, sets to begin oil and gas exploration in the Gateway State. Stakeholders in the oil industry, including the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, Managing Director, SHELL Petroleum…
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Anti-Electricity Tariff Hike Rocks Abeokuta
By Oluwatoyin Adegoke Protest by the labour movement in Ogun State has paralyzed the activities of the Ibadan Electricity Distribution Company, IBEDC, in Abeokuta, the Ogun State capital. The MKO Abiola Way headquarters of the IBEDC and other outlets in the city were put under lock and key following the visit of organized labour to the…
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Oyo NLC Begins Protest against Electricity Tariff Hike
By Olubunmi Agboola The nationwide protest by organised labour against the recent increment in electricity tariff has commenced in Ibadan, Oyo State. Our correspondent reports that the protest led by the Chairman, Nigeria Labour Congress, NLC in the state, Mr Kayode Martins, was staged at the Ibadan Electricity Distribution Company, IBEDC, Capital Building, Ring Road.…
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Tariff Hike: NLC, TUC Issue Reversal Ultimatum to NERC
By Adeniyi Bakere The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have issued ultimatum to Nigerian Electricity Regulatory Commission to immediately reverse the hike in electricity to N65/kwh. In a statement by the President of NLC, Comrade Joe Ajaero and TUC President, Comrade Festus Osifo give NERC till Sunday 12th May, 2024 to…
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New Power Sector Bill Passes First Reading in Delta Assembly
By Oghenero Eghweree The Speaker of the Delta State House of Assembly Mr. Imomotimi Guwor, says measures to repeal the 2022 Electricity Act and to establish a new power sector law in the state have passed the first reading. Mr. Imomotimi Guwor stated this in Asaba, while briefing newsmen on the extent of collaboration between…
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Tariff Hike: Labour Unions Issue Ultimatum for Reversal
Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, a counterpart have given the Nigerian Electricity Regulatory Commission till May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action. The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO, dated May 3, 2024,…
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Oyo Govt, Shell Sign Agreement on Gas Supply Infrastructure
By Iyabo Adebisi Oyo State Government and Shell Nigeria Gas (SNG) have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state. SNG will build and operate the gas distribution network, which will serve customers across Oyo State, for 20 years. Speaking…
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OGHA Asks Govt. to Ensure Compensation of Gas Explosion Victims
By Omolara Adasofunjo Ogun State House of Assembly has called on the State and Federal Government to ensure compensation to residents affected by the Compressed Natural Gas explosion. House of Assembly Committee on Environment led by the chairman of the Committee, Mr Lawal Samsideen made the call during an on-the-spot assessment visit to the site…
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Address worsening fuel scarcity, Osun NUJ Urges Government
By Mojisola Oladele Nigeria Union of Journalists, NUJ, Osun State Council has called on governments to address worsening fuel scarcity in the State. A statement by the Chairman and Secretary of the council, Comrade Wasiu Ajadosu and Comrade Adeyemi Aboderin noted that the situation has crippled business activities in the state as many vehicles and…
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Task Force Warns Osun Fuel Marketers Against Hoarding
By Mojisola Oladele The Osun State Government Taskforce on Petroleum Price Monitoring has cautioned owners of petrol stations across the state against hoarding petroleum products to create artificial scarcity. A statement by the Chairman of the Taskforce and the Chief of Staff to the State Governor, Mr. Kazeem Akinleye, noted that its surveillance across the…
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Gas Explosion Razes Vehicles,Claims Live in Abeokuta.
By Francisca Irekpita Five vehicles, including a truck were razed, while a man was reportedly killed in the fire outbreak from a gas tanker explosion in Abeokuta, the Ogun State capital. Witnesses claimed that the inferno which also destroyed some shops and houses around the busy Ita Osin area of the city had killed 4…
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Address Problem of Irregular Power Supply, Adeleke Charges IBEDC
By Funmi Ojo Osun State Governor, Senator Ademola Adeleke has tasked Ibadan Electricity Distribution Company IBEDC to urgently resolve the crisis of irregular power supply just as he unveiled the power sector agenda for the state. The Governor made this known when he met the Managing Director of IBEDC in Ibadan, Oyo State Capital. Addressing…
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IBEDC Restores Power Supply to UCH
By Fasilat Lawal Distribution Electricity Company, IBEDC, has restored power supply to the University College Hospital, UCH, Ibadan. Chairman Joint Action Committee JAC UCH Mr Oladayo Olabampe confirmed the development to Radio Nigeria Ibadan. Mr Olabampe said a meeting would be reconvened to enable workers to resume their normal shift for prompt health service delivery. The Ibadan…
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IBEDC Promises Stable Power Supply to Customers
The management of the Ibadan Electricity Distribution Company, IBEDC, Plc has promised customers in its franchise that there would be a stable power supply during the Easter celebrations. In a statement on Friday, the IBEDC Managing Director, Kingsley Achife, said the company would also keep its technical team on standby to address all issues that…
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FG Halts Cooking Gas Export to Crash Price
The Federal Government has banned the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically to warrant a crash in price. It stated on Thursday that LPG producers in Nigeria and key stakeholders in the industry had been told to stop exporting the commodity out of Nigeria,…
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Tanker Driver Suspends Strike
The two-day suspension of operations concerning the lifting of petroleum products by the Nigerian Association of Road Transport Owners, NARTO, has been called off by the oil transporters. NARTO confirmed this in Abuja on Tuesday evening after the intervention of the Federal Government through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri. Lokpobiri…
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Makinde Signs Electricity Regulatory Commission Bill into Law
By Simeon Ugbodovon Oyo State Governor, Seyi Makinde has signed into law Oyo State Electricity Regulatory Commission Bill. Governor Seyi Makinde made this known on his verified X handle @seyiamakinde. According to Governor Makinde, the law will facilitate the generation, transmission and distribution of electricity within Oyo State. The State’s helmsman said his action was…
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Minister of Power Vows to End Vandalism of TCN
By Iyabo Adebisi The Minister of Power, Chief Adebayo Adelabu has declared war against vandals working against improvement in the power supply and vandalising power facilities. He said his ministry has the support of President Bola Tinubu and the National Security Adviser, Nuhu Ribadu to deal with vandals and saboteurs in the Power sector. The…
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Disregard alarm about increase in pump price of petrol – IPMAN
By Uche Ndeke The Independent Petroleum Marketers Association of Nigeria, IPMAN, has advised members of the public to disregard the alarm and speculations about an increase in the pump price of Premium Motor Spirit otherwise known as fuel. Chairman of IPMAN, Enugu Depot, Mr Chinedu Anyaso made the call in an interview with Radio Nigeria…
