Energy
The Edo State Government has established Edo Green Energy Ltd as a privately operated entity focused on engaging the private sector in gas sales within the state.
The National Bureau of Statistics has released new data showing the list of Nigerian states with the highest petrol prices in the country, led by Zamfara State.
The CEO of EKEDC has disclosed that governmental ministries, departments, and agencies (MDAs) currently have an outstanding debt totalling N36bn to the company.
Another oil refining and petrochemical company, MIDOIl Refining and Petrochemical company, said it had secured the necessary to build a 100,000bpd refinery in Lagos.
The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have raised hope of reduced fuel price.
It appears that N17.72 billion is spent on fuel subsidies daily by the federal government through the Nigerian National Petroleum Company Limited (NNPC Ltd).
Fuel shortages has affected the Nigerian National Petroleum Company Limited retail stores in a number of Lagos neighborhoods causing hinderance to businesses.
At least six countries on the continent are opposing Nigeria’s bid for the location of the African Energy Bank in Nigeria as more countries await a final decision.
Nigeria's dream of becoming a self-sufficient country in the production and refining of crude oil is set to get another boost as another new refinery project begins.
Energy
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