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NNPC to Transform into Integrated Energy Company

The ongoing reform of the Nigerian National Petroleum Corporation (NNPC) is geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. This was disclosed by the Group Managing Director of NNPC, Dr Maikanti Baru, at the 53rd International Conference and Exhibition of the Nigerian Mining and Geosciences Society (NMGS) in Abuj ...

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Mainstream Energy MD Outlines Ways to Stabilise Electricity in Nigeria

The Managing Director of Mainstream Energy Solutions Limited, Engr. LamuAudu,has identified the challenges of power supply in Nigeria. According to him, the irregularity in the supply of electricity in Nigeria is attributable  to a series of problems ranging from inability of generating companies to redeem backlogs of invoices to persistent wasting of energy produced by Generation companies. He made his vie ...

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Nigeria Will Overcome Energy Challenge – Gov Ishaku

Taraba state governor, Arc. Darius Ishaku has raised hopes that Nigeria can generate enough electricity to meet her needs and even export the commodity. Ishaku, who was also former minister of power said it does not take a miracle for that to happen. Ishaku who spoke through his Senior Special Assistant on Public Affairs, Emmanuel Bello, said the potential for power generation are there with the right polic ...

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Nigeria Targets 50% Reliance On Renewable Energy By 2020, Says Osinbajo

The Federal Government has set a target to expand reliance on renewable energy to 50% of its power output by 2020, according to Vice President Yemi Osinbajo, SAN. Speaking Thursday at the Presidential Villa while receiving a delegation led by the Indian High Commissioner in Nigeria, Mr. B. Nagabhushana Reddy, Professor Osinbajo explained that "we are doing some expandable work in solar energy adding about 1 ...

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African Leaders To Prioritize Available Energy Sources For Development-Osinbajo

African leaders would give priority to urgent matters of development including the use of fossil fuels and coal to generate power, while also attending to important issues around Climate Change. This disclosure was expressed today by Vice President Yemi Osinbajo, SAN, at the ongoing African Development Bank annual general meeting in Lusaka, Zambia, where he and other African leaders spoke at the High Level ...

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Oil Sector: Ex- Venezuelan Energy Minister Hails FG on Downstream Liberalization

Former Venezuelan Minister of Mines and Energy, Dr. Alirio Parra has described the decision of the Federal Government to liberalize the downstream sector of the oil and gas industry as historic and smart. Dr. Parra who is also a member of the global oil industry outfit, CWC Group stated at a forum in Abuja over the weekend that the liberation of the downstream sector in the country is a bold testament to th ...

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