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Posted By Admin on 12th Sep 2017   

I am compelled to use this platform to respond to these allegations. Let me start by saying that Mr. Peavey A few months ago, I had cause to respond to media reports suggesting that Nigeria was going to be plunged…

Posted By Admin on 11th Sep 2017   

The Nigerian National Petroleum Corporation (NNPC) has said it is seeking out new measures to expand existing operational portfolio with a view to increasing crude oil production, and availability of gas for power generation. The corporation stated that the move…

Posted By Admin on 11th Sep 2017   

Nigeria’s power plant, Egbin Power Station Plc, said on Saturday that it recorded 827-day incident free operations. A statement issued in Lagos by the Chairman of the station, Mr Kola Adesina, said the safety standards and procedures at Egbin Power…

Posted By Admin on 11th Sep 2017   

Every innovative bank keeps an eye on its operational costs. It is not just enough to declare huge earnings. What matters is how such earnings are retained as profit at the end of each financial year, The Nation reports But…

Posted By Admin on 8th Sep 2017   

Enugu Electricity Distribution Company (EEDC) recently lost over 10 electricity transformers due to activities of vandals, the company’s Head of Communication Mr Emeka Ezeh, has said. Ezeh told newsmen in Enugu on Wednesday that the transformers were lost within the…

Posted By Admin on 8th Sep 2017   

Egbin Power Plc has unveiled plans to invest $1.2 billion (N432 billion) for the construction of 1,575 Mega Watts in Nigeria.The plant which is expected to be completed by 2020, is expected to increase the supply of electricity to homes…

Posted By Admin on 8th Sep 2017   

WITH the increased demand for electricity fueled by population growth and rising urbanisation in the country, stakeholders in the power sector have said that the Distribution Companies, DISCOs, lack the capacity to wheel 6500 megawatts (mw) of electricity transmitted to…