The Minority Leader of the House of Representatives, Rep. Ndudi Elumelu has condemned the proposed move by the Nigerian Electricity Regulatory Commission (NERC) to increase electricity tariff. Elumelu who said this in a statement on Thursday, urged NERC to “end all contemplations in that direction”. He maintained that increase in electricity tariff would further aggravate…
The Department of Petroleum Resources (DPR), is to collaborate with the Nigeria Security and Civil Defence Corps, (NSCDC) in tackling the proliferation of illegal gas refilling outlets in Kaduna State. ASC Orndiir Terzungwe, NSCDC’s Public Relations Officer, Kaduna State Command, said this in a statement issued on Thursday. Terzungwe said the decision was taken on…
Niger Delta youths under the aegis of Youths of Chevron Host Communities of Nigeria (YCHCN) have condemned the call by Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) demanding the resignation of the Chairman and the Managing Director (CMD) of Chevron Nigeria Limited, Mr Jeffrey Ewing. The youths, while appealing to Nigerians to…
Some residents of Jos have decried the plan by the Nigerian Electricity Regulatory Commission (NERC) to increase electricity tariffs. The residents who spoke on Wednesday said the proposed tariff increase was ill conceived and an unnecessary burden on weary electricity consumers. The residents further said that if carried out, the hike would compel the consumers…
The Standards Organisation of Nigeria (SON) has advised Nigerians to be safety conscious in using gas cylinders, in view of the recent gas explosions in some parts of the country. The Director-General of the organisation, Osita Aboloma, gave the warning in a statement on Wednesday in Abuja. Aboloma therefore urged Nigerians to patronise only SON…
The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on January 3 has no immediate impact on end-user tariffs. Mr Usman Arabi, NERC’s General Manager Public Affairs Department, made this known in a statement in Abuja. Arabi said the order was to establish impact of the exogenous macroeconomic parameters…
President Muhammadu Buhari on Wednesday met behind closed doors with the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mela Kyari, at the Presidential Villa, Abuja. The agenda of the meeting was unknown as at the time of filing this report. The meeting came amidst the escalating tension between the United States and…
Oil futures fell on Wednesday from peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the spectre of a spiralling Middle East conflict and disruption to crude flows. Prices gave up most of their early gains as oil production facilities remain unaffected by attacks. Tweets by…
The Petroleum Products Pricing Regulatory Agency (PPPRA) said that over 18 billion litres of Premium Motor Spirit (PMS) also known as petrol was supplied in Nigeria in the year 2019. PPPRA disclosed this in its PMS report signed by its Executive Secretary, Alhaji Abdulkadir Saidu and released in Abuja, on Wednesday. It said that total…
Inconsistent power supply and theft of telecommunications equipment are some of the numerous problems making the telecommunications business less profitable. As a result of the unstable power supply in the country, telecommunications operators spend a lot of money buying fuel. According to operators, the average network cost in Nigeria is twice or thrice higher than…
