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Thursday, June 17, 2021
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FG commissions Obudu 60kWp solar hybrid mini-grid plant

.Groundbreaking 100kWp isolated mini-grid at bottom hill, Obanliku The Federal Government has commissioned the 60kWp solar hybrid mini-grid power plant in Obudu Ranch Resort of...

DPR seals 86 illegal gas plants in Lagos in 2020

The Department of Petroleum Resources (DPR) says it shutdown 86 cooking gas plants in Lagos State in 2020 for operating illegally. According to Paul Osu,...

COVID 19: FG considers tax holiday for Maritime sector

In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation...

DPR remits $1.03bn to Federation Account from oil and gas royalties, legacy debts

.Reinforces revenue collection channels  Nigeria’s oil industry regulator, the Department of Petroleum Resources (DPR), has said that as a revenue collection agency of government has...

Crude Affreightment: NIMASA Revives Move to Change Terms of Trade

The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian crude oil...

Q1 2020: DPR generates N673bn for FG

The Department of Petroleum Resources (DPR) said it has generated the total sum of N673,715,399.92 for the Nigerian Government in the first half of...

PPPRA: We no longer fix price of petrol

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as...
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Lagos begins demolition of structures under power lines

The Lagos State Building Control Agency, (LASBCA), said it would embark on demolition of illegal structures constructed under high tension cables and others. A statement...

Lekan Akinyanmi in full control of Lekoil Nigeria

Lekan Akinyanmi remains in full control of Lekoil Nigeria Limited (Lekoil Nigeria), the company officially recognized by the Nigerian government as custodian of some...

Firm to set up 1GW solar panel manufacturing factory in Nigeria

Solmont Technologies, an OEM, plans to construct a 1,000 MW per annum solar panel manufacturing facility in Ondo State, Southwest Nigeria. The factory is...

OAU to begin electricity generation, distribution

The Vice-Chancellor of the Obafemi Awolowo University (OAU), Prof. Eyitope Ogunbodede, has announced that the University has obtained the license to distribute electricity to...