Monday, August 8, 2022

Kayode Ekundayo

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NNPC releases new pump prices of petrol, Lagos N169, Abuja N174

A breakdown shows that in the Southwest a pump price goes for N179 from N165 per liter, an increase of N14/liter, North West N184 per liter, an increase of N19/liter, North East N189/liter, N24/liter increase, South South N179/liter, an increase of N14/liter.

Nigeria begins implementation of Siemens’ power contract, pays $100m

The contract is to see the eventual ramp up of the country’s generation capacity to 25,000 megawatts by 2025 and create at least 11,000 direct and indirect jobs.

BPE pre-qualifies 16 firms for Five NIPPs

The Bureau of Public Enterprises (BPE) has pre-qualified 16 companies for the privatization of five National Integrated Power Projects (NIPPs).

Completion of $700m ANOH Gas will boost Nigeria’s power supply- SEPLAT

The chief executive officer, Seplat Energy, Roger Brown, has said that completion of $700 million the Assa North-Ohaji South Gas project (ANOH)...

No basis for takeover of Benin Electric -management

“There is no contractual, statutory or regulatory basis for such.” The statement added that, “For the avoidance of doubt, the shares of BEDC have not been given as security to Fidelity Bank or to any other party.”

Large Crowd witness Barkindo’s burial

Late Barkindo was appointed OPEC Secretary-General in 2016. He was the fourth Nigerian to hold that position and the 28th person in the role overall.

FG sacks, replaces MDs of Kano, Kaduna, Benin Discos

The three firms were considered to be technically incapacitated, and financial insolvent after their loan facilities from Fidelity Bank became moribund, landing them in trouble with the Bank

Out-going OPEC scribe, Dr. Sanusi Barkindo is dead

The out-going OPEC scribe, Dr. Sanusi Barkindo is dead. According to a tweet from the GMD, NNPC Ltd, Mallam...

Oil theft gradually strangulating Nigeria’s oil, gas sector- NLNG

 "We have been producing in the last month at about between 60 to 68 percent utilisation. In other words, roughly 35% of our capacity is empty,"

MicCom Applauds as SON Destroys Sub-standard Cables, Others

Destroyed by the Federal agency included substandard electric cables, engine oil, LPG cylinders, stuffed tyres, substandard, and unapproved cigarettes, as well as substandard low-grade roofing sheets, amongst others.

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