-
3 weeks ago | 
thenationonlineng.net | Bolaji Ogundele |Muyiwa Lucas |John Ofikhenua |Elo Edremoda |Alao Abiodun
The newly reconstituted board of Nigerian National Petroleum Company Limited (NNPCL) yesterday got off to a mix of applause and targets set by the government and the public. In a decisive move aimed at bolstering Nigeria’s oil and gas sector, President Bola Ahmed Tinubu yesterday reconstituted the board of NNPCL. The overhaul saw the exit of board chairman, Chief Pius Akinyelure and Group Chief Executive Officer (GCEO), Mallam Mele Kolo Kyari, along with all the members appointed in November 2023.
-
3 weeks ago | 
thenationonlineng.net | John Ofikhenua |Ekaete Bassey |Alao Abiodun
The Nigeria Customs Service (NCS) has debunked a report circulating regarding an alleged extension of the tenure of the Comptroller-General of Customs, Adewale Adeniyi. The NCS categorically dismissed the claim, which it noted was falsely attributed to a release from the State House, and emphasised that no such directive had been issued.
-
2 months ago | 
thenationonlineng.net | John Ofikhenua |Alao Abiodun
The Rural Electrification Agency (REA) managing director, Abba Aliyu has said Jigawa State has the potential to instantly electrify 1 million consumers using solar mini-grids. This, according to him, would catalyze socioeconomic growth and investment opportunities in the State. He made this known in Abuja while delivering the REA’s data-driven insights on the Jigawa State Electricity Market to the state governor, Umar Namadi.
-
2 months ago | 
thenationonlineng.net | Bolaji Ogundele |John Ofikhenua
The Federal Government is subsidising electricity supply by N200 billion monthly, Special Adviser to the President on Energy, Mrs. Olu Verheijen, said yesterday. She spoke as the government explores ways to improve supply and ensure the subsidies are delivered to the most vulnerable households. The special adviser dismissed insinuations in some quarters that the government was considering a 65 per cent increase in electricity tariffs. Mrs.
-
2 months ago | 
thenationonlineng.net | John Ofikhenua |Alao Abiodun
News The Nigerian Electricity Regulatory Commission (NERC) said 12 electricity Distribution Companies (DisCos) failed to collect N42.07billion from their customers in November 2024. According to the commission, the energy distributors which recorded N216.72billion actual billing, only collected N175.65billion from the customers. The DisCos, said NERC, recorded 80.59 per cent collection efficiency in the period under review.
-
2 months ago | 
thenationonlineng.net | Chikodi Okereocha |Nduka Chiejina |Oluwakemi DAUDA |John Ofikhenua
Importers, agents get Customs’ 30-day deadline to clear consignments Minister of Marine & Blue Economy, Adegboyega Oyetola, yesterday said the implementation of the National Single Window (NSW) initiative, a centralised electronic trade platform designed to streamline trade processes for importers and exporters, will boost the Federal Government’s revenue generation by $3 billion annually.
-
2 months ago | 
thenationonlineng.net | John Ofikhenua |Alao Abiodun
Owing to the devastating fire outbreak at Wellhead 008 in Bukuma, Agum Community, Degema Local Government Area of Rivers State, Senator Ipalibo Harry Banigo has called for an immediate investigation into the root and underlying causes of the incident. The inferno, which erupted recently, has caused extensive damage and significant hardship for the local community, according to local media the fire is still burning. This was contained in a press statement she issued yesterday.
-
Jan 24, 2025 | 
thenationonlineng.net | John Ofikhenua |Alao Abiodun
The National Bureau of Statistics (NBS) yesterday said the average retail price of the Premium Motor Spirit PMS petrol reduced by 2.06 per cent in December 2024. This was contained in its document titled: “PMS December Report 2024.”The report said the price reduced from N1214.17 in November to N1189.12 per litre. The report price increased by 76.99 per cent on year-on-year basis from the N671.86 in December 2023.
-
Jan 23, 2025 | 
thenationonlineng.net | John Ofikhenua
The Accountant-General of the Federation (AGF), Dr. Oluwatoyin Sakirat Madein, has pledged to support the Institute of Chartered Accountants of Nigeria (ICAN) through integrity, transparency, and a zero-tolerance approach to corruption. Dr. Madein made this pledge during a courtesy visit by the 60th President of ICAN, Dr. Davidson C.S. Alaribe, and his team to her office in Abuja.
-
Jan 23, 2025 | 
thenationonlineng.net | John Ofikhenua
Counters NLC’s resigration callThe Minister of Power, Adebayo Adelabu yesterday denied requesting for N8 billion solely for sensitization on electricity bills payment. His media aide, Mr. Bolaji Tunji made this known while responding to the Nigeria Labour Congress (NLC) that has asked the minister to resign for seeking N8 billion to sensitize Nigerians on the payment of electricity bills.
