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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.”

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.

Court ruling: Shell suspends sale of Nigeria’s onshore oil assets

"Until the outcome of SPDC's appeal, Shell will not progress the divestment of its interest in SPDC."

‘Missing N11trn electricity fund’: SERAP sues Buhari

Nigerian cities have repeatedly been plunged into darkness as the electricity grid has reportedly collapsed at least three times in 5 months, and 130 times in 7 years.

Senate probes Shell, demands $200m refund to Nigeria

The Ad Hoc committee was mandated to investigate the Oil Mining Lease (OML) granted to SPDC between 1959 to 1989, and 1989 to 2019 under the SPDC and NNPC Joint Venture agreement.

Track your estimated electricity bills to reduce disrepancies -FCCPC

The Commission in its official Twitter handle on Sunday advised electricity consumers to always check their monthly bills for tariff band (expected hours of daily power supply).

Abuja Electric crisis deepens as parties disagree over mediator

“We got a letter to that effect from office of Wole Olanipekun that the mediator appointed was unaccepted,” he said.

New Jersey court orders arbitration in Akinyanmi vs Lekoil Cayman suit

The New Jersey court hearing the application challenging the hostile ouster of Lekan Akinyanmi as the Chief Executive Officer of Lekoil Cayman...
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POWER OUTAGE AS TRUCK HITS TCN TRANSMISSION TOWER

The company in a statement said the current restricted outage situation in parts of Abuja, is caused by a truck loaded with gravel that lost control and crashed into TCN’s 132kV transmission tower No 20, supplying bulk electricity to the 100MVA part of the Katampe Substation and 2x60MVA GIS Central Area Substation.

Nigeria, Morocco, five other W/African Countries sign on Gas Pipeline Project

NNPCL in a series of tweets, said Nigeria's @nnpclimited, Morocco's ONHYM and the nations of Ghana, The Gambia, Guinea, Guinea Bissau & Sierra Leone, signed an MoU on the gas pipeline project

NDPHC decries incessant vandalisation of power transmission facilities

“We will be relentless in hunting these vandals down, particularly those who assassinated the young man.”

Vandals destroy six transmission towers, kill vigilante in Rivers

On September 3, 2022, some miscreants attacked and vandalized the 330kV DC Afam – Onne Transmission Line in Gbake community of Ogoniland, River State.