Category: Energy

Meet Nigerian Silent Billionaire, Abdullahi Bashir Haske

Emporium Reporters

Nigerians are, at the end of the day, a very perplexing group of people. On the one hand, are very wealthy people who are unrestrained in their desire to show the world their endless resources. On the other hand are folks who are just as wealthy but prefer to hide among the common people. Abdullahi Bashir Haske is one of the latter, although his attempts to keep a low profile have not been half as successful as his brilliant business methods and moves. For those who have not had the…

NDPHC assures Gov Sule of delivering 330KV Akurba substation in Sept

Emporium Reporters

The Niger Delta Power Holding Company (NDPHC) has assured that it will deliver the 330KV power substation located in Akurba, Nasarawa State, in September, this year.   Engineer Ifeoluwa Oyedele, Executive Director, Network, of the company, gave the assurance, when he led a delegation, on a courtesy call on Nasarawa State governor, Engineer Abdullahi Sule, on Thursday.   Engineer Oyedele reaffirmed that the Akurba power project, is on course and will be delivered in September this year, stressing that the people of the state, will begin to enjoy regular power…

Power, key to our industrialization, employment agenda, says Gov Sule

Emporium Reporters

Nasarawa State Governor, Engineer Abdullahi Sule, has identified power supply as critical to the industrialization and employment thrust of his administration. Engineer Sule stated this while commissioning the 20km 33KVA electrification project executed by the Chairman of Keana Local Government Area, Hon. Adamu Adi Giza, in Giza, on Friday. According to the governor, nothing much will be achieved in the area of industrialization, employment, among other mantra of the administration, without power supply. Engineer Sule reiterated that, on assumption of office, his administration entered into a contract with the people…

Fix corruption in petrol importation, distribution, OrderPaper tells FG

Emporium Reporters

Amidst flip-flopping position of the federal government on the petrol pricing and attendant negative hit on citizens, OrderPaper Advocacy Initiative has called on the authorities to fix corruption and general inefficiencies in the distribution chain. A statement by Oke Epia, Executive Director of OrderPaper on Saturday said the government has been shirking its responsibilities in sanitizing the corruption, wastes and inefficiencies in the determination of daily consumption volume and importation of petrol into the country. The statement referenced a Study on ‘Improving Efficiency in the Downstream Petroleum Sector: Key Institutional…

Gov Bello receives NNPC Biofuel project feasibility study delegation, lauds initiative

Emporium Reporters

Kogi State Governor, Yahaya Bello on Friday met with a team of the Renewable Energy Division from the Nigerian National Petroleum Co operation (NNPC) who were in the state for a feasibility study on the development of Biofuel project in the State. The Governor who lauded the initiative assured the members of their safety during the cause of their all important assignment noting that the state remained a safe zone for visitors, businessmen and investors as the records were obvious In a letter presented to the Governor by the delegation,…

PIB: Senate President pushes for reduced cost of crude oil production

Emporium Reporters

President of Senate, Ahmad Lawan has pushed for a cost reduction in the production of crude oil by International Oil Companies operating in Nigeria. According to Lawan, the new Petroleum Industry Bill presently before the National Assembly would accommodate provisions to ensure same when the bill is eventually considered and passed by the end of the first quarter this year. The Senate President made this known when a delegation of Oil Producers Trade Section (OPTS) paid a visit to his office at the National Assembly on Thursday. “The cost of…

PIB ‘ll strengthen Transparency In Nigeria’s Oil Sectors By Abdullahi Mahmud Gaya

Emporium Reporters

Before PIB was tabled before the National Assembly in 2007, Nigeria does not have a comprehensive law for the administration of the sector but has about 16 Petroleum Acts many of which overlapped in functions and responsibilities. Even though a splinter Bill named the Petroleum Industry Governance Bill (PIGB), which was passed in 2018 by the 8th National Assembly, failed to receive the prerequisite Assent of the President of Nigeria and thus could not become law. Contrary to all Nigerians expectations, the Bill in its wholesale form, has survived three…

Gov AbdulRazaq congratulates Alapansapa on appointment as NEMSA’s Chairman

Emporium Reporters

Kwara State Governor AbdulRahman AbdulRazaq has congratulated the Danmadami Ilori Engr. Suleiman Yahaya (Alapansapa) on his well-earned appointment as the new Chairman of the Nigerian Electricity Management Services Agency (NEMSA). “The appointment of the Danmadami Ilori as the new chairman of NEMSA is well-deserved for an accomplished engineer, a patriot, and a great advocate of community development,” the Governor said in a statement on Wednesday. “The appointment of the Danmadami Ilori could not have come at a better time when Mr. President is working assiduously to deliver an efficient and…

Labour, govt agree on three months subsidy on electricity tariff for consumers

Emporium Reporters

The federal government and labour unions have agreed to use proceeds from Value Added Tax (VAT) to temporarily subsidise electricity tariff for consumers for the next three months. The resolution was arrived at on Monday in Abuja at the end of a meeting of the ad-hoc technical committee on electricity tariff with the federal government and representatives of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC). The meeting, which began on Sunday, was presided by the Minister of State for Labour and Employment, Festus Keyamo. Key resolutions…

Petrol price may drop this month – Marketers

Emporium Reporters

The pump price of petrol may reduce marginally this month, going by the fall in global crude oil prices, oil marketers said on Sunday. According to them, since the cost of petrol has been largely determined by the price of crude oil, the recent marginal plunge in crude oil cost could lead to a drop in petrol price in Nigeria. Findings by our correspondent on Sunday showed that Brent, the global benchmark against which Nigeria’s crude is priced, dropped in price by $1.66 or 4.06 per cent as at 13.20pm…