Energy

National Assembly Decries Condition of Nation’s Refineries

By Web News February 25, 2021 41 0

The National Assembly said it was working tirelessly to ensure the passage of the Petroleum Industry Bill, PIB, in April 2021. This came as the Joint Ad-hoc Committee of the National Assembly expressed regrets over the poor condition of the nation’s refineries, adding that PIB when passed would revive the refineries to function optimally. The […]Read More...

Energy

Gas Expansion Project Targets Job For 500,000 Graduates

By Web News February 23, 2021 41 0

The Federal Government is to engage 500,000 young graduates in the National Gas Expansion Programme (NGEP) as part of its efforts to make gas as alternative energy for industrial, transportation and domestic use. At the launching of the programme in Ado Ekiti, Minister of State for Petroleum Resources, Chief Timipre Sylva said the initiative was […]Read More...

Energy

No plans to increase petrol price – NNPC assures Organised Labour

By Web News February 18, 2021 48 0

The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month of February The corporation gave the assurance in a statement signed by its spokesman Dr Kennie Obateru in Abuja, on Thursday.  “In […]Read More...

Energy

NAWOJ Tasks National Assembly on Quick Passage of PIB

By Web News February 13, 2021 75 0

An expert in the petroleum industry, Dr Israel Aye, says the two proposed commissions for regulation of the upstream and downstream activities in the Petroleum Industry Bill, PIB, will allow transparency and boost nation’s economic growth. The two commissions in the Bill are the Nigerian Upstream Regulatory Commission and the Nigerian Midstream and Downstream Regulatory Read More...

Energy

Fuel Price: Marketers in Ekiti Hoard Product

By Web News February 11, 2021 54 0

Following the announcement by the Federal Government that there might be increase in price of petrol, many filling stations in Ekiti State have started hoarding the commodity. Correspondent, Anthony Ojo who visited some of the petrol stations in Ado-Ekiti brings this report.Read More...

Energy

Ifesowapo Community in Ogun Benefits from Mass Metering

By Web News February 11, 2021 127 0

About three hundred and fifty thousand electricity consumers in Ogun State are to be provided with prepaid meters through the National Mass Metering Programme.  Head of metering, Ibadan Electricity Distribution Company, IBEDC, Mr Adewale Obajemi stated this at a ceremony to officially flag off the distribution of free prepaid meters to residents of Ifesowapo community at Read More...

Energy

IPMAN Grounds Activities at NNPC Depot Ibadan

By Web News February 10, 2021 391 0

Business activities have been grounded at NNPC Depot, Apata Ibadan.  This follows a disagreement between the Management and Independent Petroleum Marketers Association of Nigeria, IPMAN over the newly introduced mode of payment for the marketers.  Radio Nigeria gathered that all trucks belonging to major marketers that were to lift fuel from the depot this Read More...

Energy

IBEDC Starts Free Distribution of Meters in Ibadan

By Web News January 14, 2021 111 0

The Ibadan Electricity Distribution Company, IBEDC, has commenced free metering exercise in Ibadan, Oyo State capital. The mass distribution of meters to house owners is in line with the directive given to Elecrricity Distribution Company in August last year by President Muhammadu Buhari to meter all consumers to end estimated billing.  Radio Nigeria Read More...

Energy

FG Approves Upward Review Of Electricity Tariff

By Web News January 5, 2021 71 0

The Nigerian Electricity Regulatory Commission, NERC, has approved a review of electricity tariff for Ibadan Electricity Distribution Company, IBEDC, increasing electricity cost for consumers under the franchise area. IBEDC franchise area includes Oyo, Ogun, Osun, Kwara and parts of Niger, Ekiti and Kogi states. The NERC in an order signed by its Chairman, Sanusi Garba Read More...

Energy

Gas Leakage Sparks Panic in Arepo, Magboro Communities

By Web News December 16, 2020 97 0

A gas pipeline leakage along Lagos-Ibadan Expressway has caused panic among residents of Arepo, Magboro, and other neighbouring communities. It was gathered that the gas pipeline ruptured during construction works on the Lagos-Ibadan Expressway. A resident told newsmen that a loud sound was heard around 9:30 a.m. According to him, the pipeline eruption caused panic […]Read More...