April 18, 2024
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Osun Targets Plan of Action for Electricity Market

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By Funmi Adekoya The Osun State Governor, Senator Ademola Adeleke says his administration is set to develop a plan of action for the making of Osun State Electricity Market Policy and Legislation. Speaking on recent signing into law of a constitutional amendment empowering state governments to regulate electricity market within their boundaries, Governor Adeleke in […]Continue Reading
Energy

Petrol price will eventually drop- NNPC

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The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, NNPC, Mele Kyari, on Thursday, allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, known better as petrol across the country. The NNPC boss said competition among major players in the oil sector would force down the price of petrol as […]Continue Reading
Energy

NNPCL Releases New Petroleum Pump Price

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The Nigerian National Petroleum Ccompany Limited (NNPCL) has jerked up pump prices of petrol (PMS) by over 200 per cent bringing the price of fuel to between N488 and N557 per litre.A new pricing template purportedly sent to marketers by the NNPCL management to oil marketers late yesterday, a copy of which was obtained by newsmen, […]Continue Reading
Energy

Do not engage in panic buying – IPMAN

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The Independent Petroleum Marketers Association of Nigeria, IPMAN, urged Nigerians not to engage in panic buying, saying that petrol is sufficiently available in the country. IPMAN National Public Relations Officer, Yakubu Suleiman said this on a Television programme on Wednesday. Suleiman said the deregulation of the oil sector and subsidy removal is the only way […]Continue Reading
Energy

Tinubu has not removed subsidy – Keyamo

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The Chief Spokesman for the All Progressives Congress Presidential Campaign, Festus Keyamo, has said President Bola Tinubu did not remove fuel subsidy. According to him, a section of the media is “mischievously twisting the narrative to read that Tinubu’s government has removed subsidy,” despite President Tinubu proclaiming that subsidy was gone while giving his inaugural Continue Reading
Energy

Ekiti IPMAN Goes Tough on Filling Stations

Web News 298 0
By Kazeem Ayodeji Independent Petroleum Marketers Association of Nigeria, IPMAN, in Ekiti state have assured the state government that all filling stations in the state will open and start selling fuel at reasonable prices to the people. They gave the assurance in Ado Ekiti a during meeting with Governor Biodun Oyebanji, following sudden hoarding and hike […]Continue Reading
Energy

Osun Govt Condemns Petrol Hoarding

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By Funmi Adekoya Osun State government has condemned the deliberate action of petroleum marketers in hoarding the premium motor spirit, PMS, causing unnecessary hardship for the people in the State. The deliberate hoarding of fuel is sequel to the statement from the inaugural Speech of President Bola Ahmed Tinubu on the removal of fuel subsidies. […]Continue Reading
Energy

Oyo Unveils Gas Distribution Master Plan

Web News 312 0
By Iyabo Adebisi Oyo State Governor, Engineer Seyi Makinde has unveiled a newly conceived gas distribution master plan in partnership with Shell Nigeria gas to create a platform for constant gas supply to the state.  He said the plan was poised to boost industrialization and generate employment opportunities.  Unveiling the gas master plan at the […]Continue Reading
Energy

PENGASSAN Warns on PIA Implementation

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The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has warned the Federal Government against selective implementation of the Petroleum Industry Act 2021. The President of PENGASSAN, Comrade Festus Osifo who gave the warning at the 7th triennial national delegates conference in Abuja, said the government must set up the host communities Continue Reading
Energy

Fuel Scarcity: The Four Critical Ws

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As fuel scarcity lingers, one is bound to ask these questions. When will this debacle end? What is the real cause of the trauma the public is made to go through? Who are those that have left their duties undone? Where are we going as a nation? Titilayo Kupoliyi/Simeon Ugbodovon Subscribe to our Telegram and YouTube Channels also […]Continue Reading
Energy

NNPC Strikes Oil in Nasarawa

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The Nigerian National Petroleum Company Limited has announced the discovery of oil in Nasarawa State, saying it will spud the first oil well in March 2023. It said the discovery was in continuation of its oil exploration activities in the country’s inland basins. NNPC’s Group Chief Executive Officer, Mele Kyari, announced the discovery and the […]Continue Reading
Energy

Buhari Reaffirms 30 Gigawatts Energy Target

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President Muhammadu Buhari has restated the determination of the Nigerian Government towards achieving the vision of 30 Gigawatts of energy by the year 2030. The President said this in Washington during the discussion panel on Just Energy Transition at the ongoing US-Africa Leaders Summit.  President Buhari said as part of the National Renewable Energy and […]Continue Reading

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