Category: Energy/Power

NNPC to Secure More Fund for NPDC’s Physical Asset

… As Baru Inspects Complex The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has assured of the corporation’s commitment to securing funding for the completion of a new head office of the Nigerian Petroleum Development Company (NPDC), one of the flagship upstream subsidiary companies of the corporation. Dr. Baru…

Shell Plans to invest $15bn in Nigeria 

During the recent Commonwealth Business Forum which was part of the events at the Commonwealth Heads of State Meeting (CHOGM) held in London, President Mohammadu Buhari disclosed that the Shell Group is preparing to invest $15bn in Nigeria. The president also canvassed for a healthier business relationship among Commonwealth nations. In Buhari’s Words: “Before I…

TCN inaugurates 100MVA transformers, assures incremental power supply

….. Targets 20,000 MW by 2020 In line with the policy of this administration on Incremental Power to increase electricity supply in Nigeria, the Transmission Company of Nigeria (TCN) has commissioned 100 MVA transformers at 132/33KV Alimosho substation, aimed to boost electricity supply to residents within Ikeja Disco Mr Usman Mohammed, while commissioning the project…

Baru Underscores Potentials of Girl-Child for Engineering Stardom

… As NNPC Partners APWEN on Science, Technology Courses  NNPC GMD, Dr. Maikanti Baru, and President of the Association of Professional Women Engineers of Nigeria (APWEN), Engr. (Mrs.) Felicia Nnenna Agubata, assisting the Emir of Misau, Alhaji Ahmed Suleiman (II), to lay the foundation of a state-of-the-art science laboratory at the Central Primary School, Misau, Bauchi State,…

Abuja — Energy experts yesterday in Abuja raised concern over Nigeria’s growing under-recovery or subsidy on Premium Motor Spirit (PMS), which currently stands at N1.4 trillion. The experts, including the President of Nigerian Association for Energy Economics (NAEE), Prof. Wumi Iledare and Professor of Energy Economics, Adeola Adenikinju said unless there was a total deregulation…