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Energy

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Energy Sector 2011: Shrouded In Controversy

  • Post author:Leadership Newspapers
  • Post published:Dec 21, 2011
  • Post category:Business/Energy/News

The year 2011 is gradually coming to an end and the energy sector is still entangled in one controversy or the other. Despite its ambitious economic development programmes aimed at placing the country in the league of twenty most developed economies in...

Continue ReadingEnergy Sector 2011: Shrouded In Controversy

Nigeria At WPC, Targets World’s Largest LNG Producer

  • Post author:Leadership Newspapers
  • Post published:Dec 14, 2011
  • Post category:Business/Energy/News

JULIET ALOHAN who  just returned from the 20th World Petroleum Congress in Doha, Qatar, takes a look at Nigeria’s outing at the conference and examines the possibility of achieving its set targets of becoming a huge exporter of refined produ...

Continue ReadingNigeria At WPC, Targets World’s Largest LNG Producer

Kerosene Dealers Take Over NNPC Mega Station

  • Post author:Leadership Newspapers
  • Post published:Dec 11, 2011
  • Post category:Business/Energy/News

To an observer, it would seem that the NNPC mega station along Argungu Road,  Birnin Kebbi, Kebbi State has been taken over by shylock kerosene dealers. Kebbi State, like any other in the country, is supplied with the commodity for the benefit of ...

Continue ReadingKerosene Dealers Take Over NNPC Mega Station

Nigeria Pushes To Become World’s Largest LNG Producer

  • Post author:Leadership Newspapers
  • Post published:Dec 6, 2011
  • Post category:Business/Energy/News

The Federal Government yesterday disclosed its desire to become the world’s largest producer of Liquefied Natural Gas (LNG) by increasing production capacity from the current levels by five times. The government’s intention, according to th...

Continue ReadingNigeria Pushes To Become World’s Largest LNG Producer

Gas Flare Drops To 19 Percent – NNPC

  • Post author:Leadership Newspapers
  • Post published:Nov 28, 2011
  • Post category:Business/Energy/News

Nigeria National Petroleum Corporation (NNPC) says gas flare in the country has reduced significantly and stands at 19.54 per cent. The development was attributed to increased utilisation of gas for power generation, export and industrial applications....

Continue ReadingGas Flare Drops To 19 Percent – NNPC

Fuel Importation: Nigeria Sold $8bn To Marketers– CBN

  • Post author:Leadership Newspapers
  • Post published:Nov 27, 2011
  • Post category:Business/Energy/News

The Governor of Central Bank of Nigeria, (CBN), Mallam  Lamido Sanusi says the  government has sold a whooping sum of $8 billion to oil marketers  for the importation of petroleum product in 2011 alone adding that the economic implicatio...

Continue ReadingFuel Importation: Nigeria Sold $8bn To Marketers– CBN

Abandoned Dam: Contractor Gets 7-Day Ultimatum

  • Post author:Leadership Newspapers
  • Post published:Nov 25, 2011
  • Post category:Business/Energy/News

Minister of Power, Prof. Bart Nnaji, has given a one-week ultimatum to Mabon Limited, the contractor handling the Dadinkowa Dam in Gombe State, a project conceived over 30 years ago, to prove its capability or have the contract terminated. The minister...

Continue ReadingAbandoned Dam: Contractor Gets 7-Day Ultimatum

Stakeholders Back Power Product Standardisation

  • Post author:Leadership Newspapers
  • Post published:Nov 23, 2011
  • Post category:Business/Energy/News

Stakeholders in the country’s power industry have appraised issues of standardisation in the sector and concluded that there is need for products and services to conform to international standard to rid the industry of substandard electricity pow...

Continue ReadingStakeholders Back Power Product Standardisation

Kerosene Scarcity: LPG To The Rescue

  • Post author:Leadership Newspapers
  • Post published:Nov 23, 2011
  • Post category:Business/Energy/News

The complex interplay between the demand for petroleum products, especially kerosene and their availability to consumers has remained a problem in the country manifesting itself in scarcity, high price and adulteration which often result in explosion a...

Continue ReadingKerosene Scarcity: LPG To The Rescue

Power Sector: A Nation’s Headache And Fight Against Corruption

  • Post author:Leadership Newspapers
  • Post published:Nov 13, 2011
  • Post category:Business/Energy/News

There is no doubt that dubious officials have taken advantage of the electricity power crises and failure in Nigeria to engage in large-scale corruption. GEORGE OKOJIE examines how the antics of greedy officials of the Power Holding Company of Nigeria ...

Continue ReadingPower Sector: A Nation’s Headache And Fight Against Corruption

Poor Service Quality: Why NCC Got It Wrong

  • Post author:Leadership Newspapers
  • Post published:Nov 8, 2011
  • Post category:Business/Energy/News

Recently, the Nigerian Communications Commission (NCC) in a public statement warned MTN, Globacom and Airtel that it would stop them from selling Subscriber Identification Module (SIM) cards by the end of this month if they fail to improve the quality ...

Continue ReadingPoor Service Quality: Why NCC Got It Wrong

PHCN Workers: Nnaji Orders Payment Of 50% Salary Increase

  • Post author:Leadership Newspapers
  • Post published:Nov 3, 2011
  • Post category:Business/Energy/News

Minister of Power, Prof. Bart Nnaji, yesterday issued “a second and final warning” to the management of the Power Holding Company of Nigeria (PHCN) and its 18 successor companies to pay their workers the enhanced salary package negotiated b...

Continue ReadingPHCN Workers: Nnaji Orders Payment Of 50% Salary Increase

PHCN Rips-off Power Consumers

  • Post author:Leadership Newspapers
  • Post published:Oct 26, 2011
  • Post category:Business/Energy/News

Contrary to claims by Power Holding Company Of Nigeria (PHCN) that electricity supply and its billing system have improved, facts on ground indicate that a consumers are being ripped –off by the company.LEADERSHIP investigations revealed that som...

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NERC Remits N360m To FIRS

  • Post author:Leadership Newspapers
  • Post published:Oct 20, 2011
  • Post category:Business/Energy/News

The Nigerian Electricity Regulatory Commission (NERC) has remitted N360 million to the Federal Inland Revenue Service (FIRS) as value added and withholding taxes collected on behalf of the Service between 2006 and 2010. The Chairman, Dr Sam Amadi discl...

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Tackle Inefficiency In Oil Sector, FG Urged

  • Post author:Leadership Newspapers
  • Post published:Oct 19, 2011
  • Post category:Business/Energy/News

The Managing Director and Chief Executive Officer of Oil and Gas Free Zone Authority, Dr. Noble Abe, has identified technical inefficiency as the major reason for premium motor spirit (PMS) or petrol importation in the country and advised the federal g...

Continue ReadingTackle Inefficiency In Oil Sector, FG Urged
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