Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has said the fuel subsidy had grown into a huge financial burden on the nation’s treasury over the years, thus the need for its removal by the Federal Government led by President Muhammadu Buhari. According to him, […]
Energy
Labour unions in the oil and gas sector have alleged that Chevron Nigeria Limited management on Independence Day notified about 2,000 of its employees that their services were no longer required. The unions leaders have directed their members in Chevron Nigeria Limited to commence a total shut down of the […]
Ikeja Electric (IE) says it has fully complied with the order from the Nigerian Electricity Regulatory Commission (NERC) to suspend the new Service Reflective Tariff (SRT) for the next two weeks. The electricity distribution company confirmed the development in a public notice to its customers posted on its official Twitter […]
Kaduna Electric has begun implementation of the old electricity tariff as at Aug. 31st, 2020 as ordered by the Nigerian Electricity Regulatory Commission (NERC). The Head of Corporate Communication, Abdulazeez Abdullahi, made the disclosure on Thursday in Kaduna. Abdullahi said that the reversal to the old tariff regime was sequel […]
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 tariff increase for 14 days. The commission’s suspension directive of the Multi Year Tariff Order (MYTO) 2020 signed by Prof James Momoh, NERC’s Chairman, was released on its web site on […]