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The Franco-Nigerian Chamber of Commerce and Industry (FNCCI) has said the issues around oil theft and other circumstances surrounding oil production need to be addressed if the country can meet its energy needs at a sustainable cost. The chamber also said that to be able to achieve this, there must

Nigeria's recent fuel scarcity has revealed the fragility of the nations energy infrastructure, triggering widespread economic distress and revealing the pressing need for alternative fuel sources. The crisis, which saw transportation costs surge has had a domino effect on various sectors of the eco

The Plateau Government has promised to support vulnerable children in acquiring education to develop themselves and contribute meaningfully to the growth of their communities. The Commissioner for Secondary Education, Mr. Mohammed Nyalun, made the promise at the closing ceremony of summer classes fo

The Rural Electrification Agency (REA) has announced that it spent more than N28.7 billion out of the N31.7 billion allocated to it in the 2023 appropriation on completing electrification projects nationwide. REAs Managing Director, Mr Abba Aliyu, made this disclosure in Abuja on Monday while presen

Indigenous oil company, Matrix Energy, has filed a libel suit against two media houses for reports linking it to the alleged importation of low-grade fuel from Malta to Nigeria. The company and its CEO, Alhaji Abdulkadir Adisa Aliu, filed the lawsuit before the Federal Capital Territory (FCT) High C

The Federal Government has acknowledged that fuel smuggling from Nigeria to neighbouring countries is a persistent issue that may never be fully eradicated. Speaking at the 2024 Energy and Labour Summit in Abuja, Minister of State for Petroleum Resources, Heineken Lokpobiri, cited the deteriorating

The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, says there are no more excuses for failing to track and prosecute those responsible for crude oil theft in Nigeria. Speaking at the 2024 Annual General Conference of the Nigerian Bar Association (NBA) in Lagos, Okonjo-I

The Federal Government on Friday inaugurated the Conversion Incentive Programme of the Compressed Natural Gas (CNG) Initiative in Abeokuta, Ogun State. The initiative seeks to offer relief to the masses due to the hardships caused by the removal of the fuel subsidy. The CEO and Programme Director of

The Ukpor Community, the headquarters of Nnewi South Local Government Area of Anambra, on Friday, embarked on a protest over more than six years power outage in the town. The protesters, who trooped out to the office of the Enugu Electricity Distribution Company (EEDC) in the area in their numbers,