The Edo State Governor, Mr. Godwin Obaseki, has assured that the state government is on course on the Benin River Port and the Edo Refinery projects, as part of initiatives to industrialise the state. The governor said this during a visit by the Nigeria Governors Forum (NGF) to the Dangote Refinery and Petrochemical plant in …read more →
ENERGY
NLNG Takes Final Investment Decision for Train 7
THE Nigeria LNG Limited, (NLNG), has taken the Final Investment Decision, FID, for its Train 7 Project, which will increase its production by 35 percent and its competitiveness in the global LNG market. This decision allows the expansion to increase the capacity of NLNG’s six-train plant from the extant 22 Million Tonnes Per Annum, MTPA, …read more →
FG Inaugurates Ministerial TaskForce on Power to Serve as Advisory Team on Policies and Innovative Technologies
Speech by the Honourable Minister of Power, Engr. Sale Mamman as he Inaugurates Ministerial TaskForce on Power to Serve as Advisory Team on Policies and Innovative Technologies. Distinguished Ladies and Gentlemen, I am delighted to welcome you to the inauguration of the Ministerial TaskForce on Power which is to serve as an Advisory team on …read more →
Tax Rebate: NLNG, Unilever, Dangote, 3 others to construct roads across Nigeria
Nigeria Liquefied Natural Gas Limited (NLNG), Unilever Plc, Dangote Group and three other companies have keyed into the Federal Government’s drive to build infrastructure across Nigeria. The companies, which also include Unilever Nigeria Plc, Flour Mills of Nigeria Plc, and China Road and Bridge Corporation Nigeria Limited, will build 19 roads; a total of 794.4 …read more →
First Bank, Azuri partner to bring solar systems to millions
First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, has announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians. Under the partnership, Azuri’s solar home TV product will be co-branded and co-marketed by First Bank and …read more →
Total’s Egina starts production with TechnipFMC’s subsea systems
Total’s Egina field, located 93 mi (150 km) off Port Harcourt, kicked into production just as 2018 was winding to a close. The start-up of any offshore field is notable, but Egina’s is especially so: The field is estimated to contain reserves of 550 MMbbl. Lying in water depths ranging from 4,593 to 5,740 ft …read more →
Willing-Buyer, Willing-Seller Arrangement Will Solve Nigeria’s Power Challenges – Osinbajo
The Federal Government has declared that the willing-buyer- willing-seller policy is one of the surest steps to addressing Nigeria’s power challenges. Vice President, Prof. Yemi Osinbajo, noting that power remains very critical to national development, said if the generation companies do not have the resources to produce electricity; other companies can take up the responsibility …read more →
FEC approves new policy on public building maintenance, oil pipelines contracts
The Federal Executive Council (FEC) has approved a new policy towards maintaining public buildings in the country. The Minister of Power, Works and Housing, Babatunde Fashola, who announced this while briefing journalists at the end of the meeting, said the new maintenance policy and framework seeks to institutionalise a maintenance culture in Nigeria. He said …read more →
Ikeja Electric commences e-tagging of high tension poles
Ikeja Electric Plc (IE) says it has commenced electronic tagging of electricity poles across its network to optimize operations through adequate maintenance of installations and reduction of downtime. Spokesman for the company, Felix Ofulue, said the exercise, known as E-Pole Tagging Project, entailed labelling of all 11KV and 33KV High Tension (HT) poles with electronic …read more →
FG inaugurates off-grid power solution in Iponri
The Minister of Power, Works and Housing, Mr Babatunde Fashola, has reaffirmed the Federal Government’s commitment to continually intervene in the power sector. Fashola gave the assurance in Lagos during a visit to 700 kilowatts mini-grid electricity supply under Energising Economies Initiative (EEI) at Iponri Market. He also said such interventions would include solar energy …read more →