NERC gets N29m license fees from four power coys to generate 774mw

By Etuka Sunday The Nigerian Electricity Regulatory Commission (NERC) has issued four licences worth $ 150, 000 (about N29million) to four power companies  to generate 774 megawatts of electricity. NERC while granting the licences yesterday in Abuja said, it is reviewing the status of 124 power generation licenses it had issued since inception in 2006 More...

by Peoples Daily | Published 4 years ago
By Peoples Daily On Tuesday, June 2nd, 2015
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Is the New Administration ready for fuel subsidy removal?

By Etuka Sunday Nigerians, after the near collapse of the economy and the shutdown of the entire country due to the recent oil marketers’ strike, are very much ready to succumb to the call by successive governments More...

By Peoples Daily On Monday, May 18th, 2015
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Why Electricity’s still erratic in Nigeria

By Etuka Sunday Almost a year and six months gone, after the privatization of power sector in Nigeria, yet, electricity supply in the country is still erratic. Not even the so called efforts of government and that More...

By Peoples Daily On Monday, May 4th, 2015
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Oil hits 2015 high as traders look beyond ample current supply

Oil rose to a 2015 high of $67 a barrel on Monday, supported by expectations the supply glut will ease and after weak Chinese factory activity reinforced views that stimulus measures would be rolled out. Activity More...

By Peoples Daily On Monday, May 4th, 2015
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Saudi Arabia restructures oil giant Aramco

Saudi Arabia is restructuring the world’s biggest energy company, Saudi Aramco, in a move apparently aimed at letting it operate more at arm’s length from the powerful oil ministry. Analysts expected technocrats More...

By Peoples Daily On Monday, April 27th, 2015
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Nebo urges Buhari to prioritise renewable energy sources as solution to vandalism

By Etuka Sunday The Minister of Power, Prof. Chinedu Nebo has urged the in-coming administration to open its doors to other sources of energy, such as Coal-to-Power, Solar Powered Plants, Waste – Power as More...

By Peoples Daily On Monday, April 20th, 2015
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Should Buhari continue with planned privatisation of refineries?

By Etuka Sunday How that the expectations of most Nigerians are met after electing General Muhammadu Buhari to be the next President of Nigeria, questions are beginning to be asked as to whether he would develop More...

By Peoples Daily On Monday, March 30th, 2015
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Why the Politics of fuel scarcity must stop in Nigeria

By Etuka Sunday From all indications, the persistent fuel scarcity in the country has a political undertone, and if not properly checked and handled may have the capacity to continue infinitum. Obviously, since More...

By Peoples Daily On Monday, March 16th, 2015
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Power Minister lists achievements, privatisation gains

By Etuka Sunday The Minister of Power, Prof. Chinedu Nebo yesterday listed some of the power privatization gains and achievements under his administration. Nebo at the 2015 edition of the Nigeria Power Forum, listed More...

By Peoples Daily On Monday, March 16th, 2015
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Shell pulls back from shale in South Africa

Royal Dutch Shell is pulling back from its shale projects in South Africa due to lower energy prices and delays in obtaining an exploration license for the onshore Karoo Basin, it said on Monday. A more than halving More...