Power blame game to deepen in 2020 as national grid crashes last week
Throughout 2019, the Nigerian national grid had not less than 20 collapses which translates to poor infrastructure and maintenance systems on power transmission. Recall that during the 2013 unbundling of the nation’s electricity sector, whereas generation and distribution was ceded…
DEMS Volunteers’ welcomes ongoing digital oil & gas reforms by Minister
The leadership of Digital Economy Media Support Volunteers’ (DEMS Volunteers’), an NGO tracking all development activities in the nation’s public and private sector on digital economy, has assessed activities of the Minister of State for Petroleum Resources, Chief Timipre Sylva…
Harmonisation of existing PIB versions from 2000 to date at final stage—Minister
…Plans different regulators for midstream, downstream sectors The Minister of State for Petroleum Resources, Chief Timipre Sylva, has raised the dampened hopes of oil and gas industry stakeholders and Nigerians on the chances of early passage and presidential assent of…
Siemens, Ghana seal €250m nation’s electricity grid upgrade deal
Less than four months after the Nigerian government sealed multipurpose national power development scheme with Siemens, the government of Ghana earlier in the week sealed similar understanding with the same german group to upgrade national grid. This is Nigeria suffered…
Ghana flags off e-Cargo Tracking System for petroleum products
As part of taming smuggling of petroleum products in the petroleum downstream sector, Ghanaian Vice President, Dr Mahamudu Bawumia Thursday, launched the Electronic Cargo Tracking System (ECTS) and Command Control Centre for the Bulk Road Vehicle (BRV). Business Hilights Ghana…
End killings, kidnapping, insurgency to save Nigeria from collapse—Labour
Rising from its National Executive Council meeting during the week, the Trade Union Congress (TUC) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have cried out to the Federal Government to urgently address the cases of…
Nnamdi Obiagwu, now Eterna Plc’s COO
Eterna Plc has via a statement released to the Nigerian Stock Exchange (NSE), appointed Nnamdi Obiagwu as Chief Operating Officer (COO) effective 10th January 2020. Obiagwu is a graduate of Mechanical Engineering from the Federal University of Technology, Owerri. He…
PwC opens up on how NNPC underdeveloped Nigeria, raised poverty level
…Says realistic economic diversification should start form NNPC Until the Federal Government reverse to begin its economic diversification campaign from the oil and gas sector and the Nigerian National Petroleum Corporation (NNPC), self deceit remains the best explanation for whatever…
Nigerian Adeoye replaces Ayuk as MD of Africa’s leading Energy Law Group
Nigerian-born oil and gas law icon, Zion Adeoye has been named Managing Director of Centurion Law Group (www.CenturionLG.com). Adeoye, who will be based at our Johannesburg headquarters and takes up post with immediate effect, holds an LLB from the University…
Expect electricity tariff hike after criminalisation of estimated billing—NASS
The National Assembly (NASS) weekend introduced fresh angle to the rattling of Nigerians by reactions and counter-reactions of Discos and the Nigerian Electricity Regulatory Commission (NERC) over imminent increase in electricity tariff. The Speaker of the Federal House of Representatives,…
