Governor Rotimi Akeredolu of Ondo State has called on distribution companies in the country to provide meters for all homes to avoid rifts between their staff members and their consumers. Akeredolu said this on Monday at the inauguration of 60MVA transformer at the 132/33kV transmission substation in Akure. He said that if every customer of…
Nigeria’s power sector has been through several phases, from being handled by government to the era of privatisation. Despite restructuring and multi-billion dollar investments, stable electricity supply has been a mirage with industries and enterprises worst hit. To give succour to some category of businesses, the federal government’s Rural Electrification Agency (REA) initiated a project…
Schneider Electric has disclosed that its EcoStruxure platform would help ensure efficiency and boost profitability in organisations across segments. In an interview with Margaret Nongo-Okojokwu of Orient Energy Review, Marketing Communication Manager, Schneider Electric, Mrs. Viviane Mike-Eze, explained that the essence of EcoStruxure is to provide enhanced value around safety, reliability, efficiency, sustainability and…
In sub-Saharan Africa, Nigeria leads with 10 planned oil and gas projects expected to start operations between 2018 and 2025, followed by Mozambique with two projects. In terms of announced projects, Nigeria once again leads with 13 projects, followed by Angola with five announced projects, says GlobalData, a leading data and analytics company. The company’s…
The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC), Monday, signed five agreements for the construction of a gas processing plant with an initial capacity of 300 million standard cubic feet per day of gas (MMSCFD). The NNPC, in a statement in Abuja, said the agreements would expedite the development of a project aimed at…
As Nigeria celebrates the successful anchor of Egina FPSO, a major breakthrough in Nigerian Content policy, the Shell Nigeria Exploration & Production Company, SNEPCo, recently hinted on an ongoing collaboration with the Lagos Deep Offshore Logistics (LADOL), the operators of the Lagos free trade zone in the construction of a new Floating Production Storage and Offloading,…
By Margaret Nongo-Okojokwu Says govt won’t permit monopoly in maritime, oil sector Acting President, Yemi Osinbajo (fifth right); with Deputy Managing Director, Total (E&P), Musa Kida (left); Managing Director, Nigerian Ports Authority (NPA), Hadiza Usman; Chairman, LADOL, Ladi Jadesimi; HMoS (Trade & Investment), Aishat Abubakar; Chairman/CEO, Inter Energy Services, Dr. Duran Fawibe; Managing…
The Benin Electricity Distribution Company Plc has described the nation’s power grid as highly unstable, with over 2,000 outages and interruptions recorded in its network coverage area of Delta, Edo, Ekiti and Ondo states between January and July. The Managing Director/Chief Executive Officer, BEDC, Mrs Funke Osibodu, disclosed this during a media briefing in Benin,…
The Manufacturers Association of Nigeria (MAN) has asked the Federal Government to intervene in the ongoing debt disagreements between the electricity distribution companies (DISCOs) and manufacturers to enable them access the stranded 2,000 mega watts of electricity. Making the call in Lagos, during the week, MAN President Dr Frank Jacobs said the condition given by…
Nigeria Customs Service has disclosed that about 12.2 millions of local rice farmers are being affected by the continuous smuggling of foreign parboiled rice into the country The immediate past Controller, Federal Operations Unit, Zone ‘A’ of the NCS, Comptroller Muhammed Uba, made disclosure in Lagos while displaying some seizures of rice impounded by the…
