
Energy







On Thursaday, 14th September 2023, the national grid crashed at 12.40 am today, Enugu Electricity Distribution Company Plc stated in a message to consumers

Major Oil Marketers Association of Nigeria (MOMAN) has revealed that petrol prices would not crash to N200 despite recent speculations by IPMAN members.

Members of PENGASSAN has asked the Nigerian government to focus on getting the refineries working rather waiting for the Dangote Refinery to begin production.

With its producing countries making up about 8% of the overall supply, Africa is a major player in the world oil market although there have been production issues.

The price of crude oil hit above $91 in the international market, sparking fears of possible increase in the prices of petroleum products in Nigeria.

About 11 electricity generating companies in Nigeria have generated over N15 billion in the second quarter of 2023, an increase from the amount made in Q1.

The Nigerian National Petroleum Company Limited (NNPCL) has provided a sneak peep into the ongoing works at Port Harcourt refinery set to be ready December.

The Nigerian National Petroleum Company Limited is objecting to Agip's acquisition by Oando. The company stated that the deal could cause legal battles if done.

Electricity Consumers Association said that NERC's policies and practises in the Nigerian Electricity Supply Industry had been anti-consumer throughout time.
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