THE CABLE On February 14, 2022, the national electricity grid suffered a system collapse and caused power outages nationwide. Nigerians have been experiencing power cuts for weeks amid a surge in fuel and diesel prices. The situation is taking a significant toll…
PREMIUM TIMES President Muhammadu Buhari has expressed sincere regrets for the inconvenience caused to citizens of the country following a prolonged shortages of petroleum products and electricity supply. In a statement by his media aide, Garba Shehu, on Wednesday in…
PREMIUM TIMES A bill to reform the Delta State electric power sector passed second reading at the Delta House of Assembly on Tuesday. The bill is sponsored by Anthony Elekeokwuri (PDP-Ika North East) and 26 other PDP lawmakers. Leading the…
THIS DAY Aggrieved Isoko youths, under the aegis of the United Coalition Front Emancipation Movement (UCFEM) in Delta State have threatened to launch coordinated attacks on oil facilities in their land over the alleged refusal of oil companies to engage…
NAIRAMETRICS Nigeria imported agric products valued at N1.97 trillion in 2021, surging by 42% year-on-year compared to N1.19 trillion recorded in the previous year. This also represents the highest amount on record spent on agricultural imports in any year. This…
THE GUARDIAN Determined to improve access to power supply, Renewvia Solar Nigeria Ltd., a solar developer, has installed and connected five communities in the Niger Delta to one of its solar-powered, rural electrification mini grids. With these new installations, Renewvia…
ALL AFRICA The entire country was yesterday thrown into darkness after the national electricity grid suffered a system collapse, the second in 2022. The incident which occurred at about 10:40 am affected states like all states of the federation as…
THIS DAY Shell Plc and Eni SpA both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market already fretting about the impact of Russia’s invasion of Ukraine. Shell’s measure had been in place…
THE TIDE The Independent Petroleum Marketers Association of Nigeria (IPMAN) says some aggrieved members frustrated foreign investors from establishing refineries in the country. IPMAN President, Chinedu Okoronkwo, who spoke on the backdrop of the fuel scarcity in Nigeria and increase…
THE TIDE Fresh oil spills from the Tebidaba/Brass Agip Trunk Line operated by the Nigerian Agip Oil Company, NAOC, have rocked Lasukugbene Community in Southern Ijaw Local Government Area of Bayelsa State, causing serious devastation to the environment. Lasukugbene, one…