EKEDC loses N4bn to vandalism
Eko Electricity Distribution Company (EKEDC) says it has lost about N4 billion to vandalism of its assets and electrical installations in the last six months.
Author : Our Reporter
Power, 5 other Ministries make presentations as Buhari presides over FEC
President Muhammadu Buhari is currently presiding over virtual weekly meeting of the Federal Executive Council (FEC)at the Council Chambers of the Presidential Villa, Abuja. The
Aviation fuel, others to cost airlines $9.7b losses in 2022
Global airlines, yesterday, announced an upgrade to its outlook for the airline industry’s 2022 financial performance, with the recent spike in aviation fuel headlining the
255 killed in Afghanistan earthquake
A powerful earthquake struck a remote border region of Afghanistan overnight killing at least 255 people and injuring hundreds more, officials said Wednesday, with the
IPMAN wants petroleum authorities to enforce approved price on private depot owners
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to mandate private depot owners to
Fuel scarcity worsens, black market booms at N300/litre
Fuel scarcity worsened in Lagos, the Federal Capital Territory and other parts of the country on Tuesday, resulting in motorists spending hours at filling stations.
Cooking gas, kerosene prices compound households’ woes
Nigerians are now faced with what may be termed an existential challenge as they are not just battling escalating prices of foodstuff, but also are
Why nationwide fuel scarcity may persist’
There are indications that the challenges confronting the distribution of Premium Motor Spirit (PMS) may not abate for as long as the price of crude
Nigeria, others need $25b to deliver universal energy access
A yearly investment of $25billion is needed to deliver universal energy access in Nigeria and other African countries by 2030, the Africa Energy Outloot report
Fuel scarcity caused by Russian/Ukraine war, operations cost, says DAPPMAN
Depot and Petroleum Products Marketers’ Association of Nigeria (DAPPMAN) has linked the ongoing fuel scarcity in the country to the ripple effects of the Russian/Ukraine
