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Removal, suspension of Kachikwu’ll mean no oil production—Group

Ibe Kachikwu

Leading radical group in the oil-rich Niger Delta region, the Niger Delta Indigenous Movement for Radical Change (NDIMRC), has warned that any attempt to remove, suspend of frustrate the Minister ...

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Revealed: Kachukwu/Baru rift started in 2015—BH Investigation

Kachikwu-vs-Maikanti-2

…Act establishing NNPC does not recognise Minister of State in official matters A deeper inquest into the serial insubordination meted to the Minister of State for Petroleum, Dr. Ibe Kachukwu ...

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FG to export unevacuated power to ECOWAS states

Power tour

The federal government may have idealized a strategy to sale excess volumes of generated electricity by Gencos, than allowing the powers to stock away at plants. Nigeria currently generates well ...

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Free yourself, appoint full-fledged Petroleum Minister, Sani tells PMB

Shehu sani

More dimensions are still emerging on the recent leakage of official petition written to President Muhammadu Buhari by the Minister of State for Petroleum and Chairman of NNPC Board, Dr. ...

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Marginal fields: Interest rate pushing local investors to offshore loans

Kachikwu-vs-Maikanti-2

Prospective local investors wishing to be part of the planned marginal oil fields bid rounds billed for next year, have started making contacts with foreign financial services firms for access ...

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Chevron plans shut down of 2 facilities ahead of Gulf storm

chevron-logo

Chevron Corp in the United States has given an indication of shutting its Petronius and Blind Faith facilities ahead of Tropical Depression 16 now at the Gulf of Mexico. The ...

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Suspend NNPC boss before probing him, experts tell Senate

Kachikwu-vs-Maikanti-2

Experts in corporate governance and anti-corruption have called for immediate suspension of the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru. This stemmed from the ...

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Recapitalisation, debts reecho as ECOWAS power summit begins

fashola switches op transmiter

The sixth Powering Africa: Nigeria 2017 Summit, with the theme: “Recapitalising Nigeria’s Power Sector,” yesterday kicked off with high expectations that solutions will be proffered in regards to nation’s energy ...

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Bypass electric meter now, pay N450,000 fine or be jailed

Meters

Worried by rampant theft of power by way of meter bypass in several parts of the country, the Nigerian Electricity Regulatory Commission (NERC) has drafted sanction ranging from N50,000 to ...

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How insurgency botches 700MW schemes in Adamawa

Adamawa Bindow Jbirilla

Apart from displacing millions, deaths and collapse of businesses and infrastructure, another big loss trailing escalation of insurgency in the North East and mainly Adamawa State is the forced suspension ...

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