Thursday, June 30, 2022

RANDOM NEWS

NCDMB to begin disbursement of $40m Women Fund 

So far, he said 15 applications have been received and three have been approved and the disbursement of funds would soon start.

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).

Oil marketers shut stations, want increase in pump price

Akinrinade said while the government had fixed N165 per litre as the pump price of Premium Motor Spirit (PMS), the current realities in the market showed that the minimum the product should be retailed at the stations should be N180.

Huawei SD-WAN recognized as Gartner Customers’ Choice for third straight year

According to the Voice of the Customer report, Huawei SD-WAN received a total of 102 reviews and an overall rating of 4.9/5 stars from customers across industries around

Fuel scarcity: Depot owners pledge allegiance to NNPC

Also decried high cost of operating their various fuel depots, astronomical increases in the cost of diesel used to power equipment and machinery in various depots and  retail outlets.

Removal of fuel subsidy will free Nigeria’s economy from bondage -NEITI

He said that the removal of fuel subsidy would free the country’s economy from bondage, benefit the poor majority and possibly hurt the few affluent who were currently rich in the subsidy transactions.

MOMAN offers solution to Nigeria’s current fuel scarcity

MOMAN, as an Association, fears that the current supply framework cannot guarantee steady and consistent supplies to the country given the current state of Government finances and unpredictable international supply shortages.

Eko Electric unveils new bill payment platform, IRecharge

The new service enables customers to make their frequent utility bill payments through the use of a unique NUBAN account number.

Cooking Gas: NLNG reiterates commitment to 100% production for domestic market

He said LPG domestic consumption in the country has increased by 300%, from about 60,000 metric tonnes in 2007 to over one million metric tonnes in 2020.

Expect power supply in Borno state in six weeks – Minister 

Abubakar said that all efforts are in gear to restore power to Maiduguri and this he said, is expected to be concluded in about six weeks’ time.

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Crude oil price to soar past $200/barrel

Bjarne Schieldrop, SEB analyst, said on Wednesday in no uncertain terms that the G7’s price capping proposal was a “recipe for disaster” given the current stress that the oil market is under.

Bridging claims, freight: FG pays N74bn to Marketers

The Authority in a statement, explained that the Authority paid N71,233,712,991 bridging claims and another N2,736,179,950.84 freight differentials to the Marketers as at 6th June, 2022

Why cooking gas price won’t come down- Kyari

“The world has never seen this kind of uncertainty, today countries are stockpiling products".

Reps to probe NNPC fuel subsidy claim of N2trn

In his motion, Ogun said he was informed that as of 2002, the NNPC purchased crude oil at international market prices, which stood at 445,000 barrels per day.

ECOWAS gets AFDB’s $2m electricity reforms

The ultimate objective is to stimulate cross-border electricity trade and improve energy access in the 15 countries in the region.

Marginal fields: Nigeria pockets trillions

Nigeria earned about N2 trillion from the latest round (2020/2021), as each of the awardees paid a total of N48 billion for fees and bonuses to earn the licence.

Axxela subsidiary gets first gas from Accugas 

CHGC is majority owned and controlled by Axxela, which delivers natural gas to over 185 industrial and commercial customers via its gas infrastructure network across cities in Nigeria including Lagos and Port Harcourt.