The Speaker of the House of Representatives, Hon. Femi Gbajabiamila on Wednesday underscored the need for Nigeria to embrace renewable energy options as a matter of national policy. Hon. Gbajabiamila gave the charge in Abuja, during the public hearing of […]
Day: 7 July 2021
PIB: N’assembly Opts For Creation Of Two Regulatory Agencies
The national assembly has opted for the creation of two regulatory agencies to oversee the oil and gas industry in the country. The passed Petroleum Industry Bill recommended two regulatory agencies to be established – the Nigerian Midstream and Downstream […]
Mamman: Why FG Reduced Mambilla Power Project To 1,500MW From 3,500MW
Saleh Mamman, minister of power, says the federal government reduced the capacity of the Mambilla power project from 3,500 to 1,500 megawatts to ensure adequate funding by lenders. In 2019, Zhou Pingjian, the former Chinese ambassador to Nigeria, said his […]
REVEALED: NBET Budgets N7.6bn For ‘Senate’ — But Can’t Settle GenCos’ Invoices
The Nigerian Bulk Electricity Trading (NBET) Plc allocated N7,620,840,000 for the “senate” in its 2021 budget, TheCable has discovered in its budget analysis. Curiously, NBET — the body that buys power from the generating companies (GenCos) and sells to the […]
