Expert lauds FG on electricity transmission network

Sunday Makinde, an expert in the power sector, on Wednesday lauded Federal Government’s effort at improving electricity transmission network across the country. Makinde, a former Chairman, Nigerian Institution of Electrical and Electronics Engineers (NIEEE), gave the commendation in an interview with the News Agency of Nigeria (NAN) in Lagos. He said More...

by metro | Published 2 weeks ago
oil
By metro On Wednesday, January 3rd, 2018
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China set to top Japan as world’s biggest natural gas importer

Beijing’s crackdown on pollution has put China on track to overtake Japan this year as the world’s biggest importer of natural gas, used to replace dirtier coal. China – already the biggest importer of More...

Osinbajo
By metro On Sunday, December 31st, 2017
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10 modular refineries getting ready – Osinbajo

Osinbajo Vice President Yemi Osinbajo has confirmed that 10 modular refineries were at advanced stages of development in the Niger Delta. According to his Special Assistant on Media and Publicity, Mr Laolu Akande, More...

NNPC
By metro On Friday, December 29th, 2017
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NNPC owes Petrol marketers N800b

The Nigerian National Petroleum Corporation, NNPC is owing the Depot and Petroleum Products Marketers Association (DAPPMA) N600billion. Executive Secretary of the association, Mr Olufemi Adewole, revealed in a statement More...

Oil prices
By metro On Wednesday, December 27th, 2017
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Oil price hits $67, highest in over two years

Oil prices have touched two-and-a-half year highs in light volume boosted by an explosion on a crude pipeline in Libya and voluntary OPEC-led supply cuts. Libya has lost around 90,000 bpd of crude oil from a blast More...

Shell
By metro On Wednesday, December 27th, 2017
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RSG, Shell Nigeria sign MoU on gas supply

The Rivers Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its environs. The signing of the More...

By metro On Tuesday, December 26th, 2017
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Osinbajo: NNPC not FG bears the cost of fuel subsidy

Vice President Yemi Osinbajo clarified today that the NNPC and not the Federal Government pays for the  fuel subsidy that has emerged with the N171 landing cost as against the official retail price of N145. In More...

NUPENG
By metro On Monday, December 25th, 2017
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Petrol scarcity: Massive loading of petrol in depots now-NUPENG

NUPENG Tayo Aboyeji, the South-West Chairman of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Monday confirmed that massive loading of petrol was ongoing at different depots in Lagos. Aboyeji made More...

Maikanti Baru
By metro On Monday, December 25th, 2017
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Landing cost of petrol N171, NNPC sticks to N145 per litre

The Nigerian National Petroleum Corporation (NNPC) revealed today that the landing cost of imported petrol is now N171 per litre, but emphatically stated that it will continue to make it available to Nigerians at More...

NNPC
By metro On Thursday, December 21st, 2017
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NNPC siad it has more than doubles fuel supply amid run on petrol

NNPC said on Thursday it has more than doubled the daily supply of fuel for motorists to 80 million litres, amid a run on petrol that has seen queues lasting hours at filling stations around the country. The Nigerian More...