Category: Energy/Power

Baru Disclaims Allegation Linking Kyari to N50bn Funds Kept Away from TSA

The Nigerian National Petroleum Corporation (NNPC) has disclaimed the allegation that its Group Managing Director, Dr. Maikanti Baru, had ever stated in any fora that the Chief of Staff to the President, Mallam Abba Kyari, “directed the Corporation to keep the sum of N50billion away from the Treasury Single Account (TSA).” NNPC wishes to state…

Baru Says Intellectual Development of Youth Necessary for Sustainable Growth

…As Gaius-Obaseki Pledges Support for NNPC Management Leaders at all levels in the country have been called upon to pay attention to the intellectual development of the youth if the country must attain sustainable growth. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, gave this charge at a book launch…

2018: Senate queries N10bn solar streetlight project in varsities

The Senate Committee on Power, Steel Development and Metallurgy on Thursday criticised a solar-powered streetlight project in nine universities across the country valued at N10bn. The committee also turned back the Minister of Power, Works and Housing, Mr. Babatunde Fashola, from the budget defence session held for his ministry over his alleged “unpreparedness to face…

Nigeria transmits 5,156MW electricity, highest ever – Official

The Transmission Company of Nigeria, TCN, on Thursday disclosed that it recorded new national peak electricity transmission capacity of 5,155.9 Mega Watt, MW, on December 8. The Interim Managing Director of TCN, Usman Gur-Mohammed, made the disclosure at an interaction with journalists in Abuja. Mr. Gur-Mohammed said the new record exceeded previous national peak record…