A recent survey by The Electricity Hub (THE) Reports that 60 percent of low-income consumers are unaware of legal rights and redress available to them as electricity consumers. A much fewer percentage are aware of basic consumer rights but ignorant of complaint processes and procedures. Other consumers seem aware of their consumer rights and basic…
By Udeme Akpan The National Petroleum Investment Management Services, NAPIMS, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, invested N21.47 billion to rehabilitate the nation’s refineries, the Nigeria-Morocco gas pipeline and oil search in the frontier basins, among others in January 2021. In its February 2020 presentation to the Federation Account Allocation Committee, FAAC,
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The Federal Government of Nigeria is derisking lending to the off-grid energy sector through pragmatic policies including slashing import duties, offering cheap credit to operators and galvaning commercial banks to consider lending the sector. In a bid to fix Nigeria’s energy supply challenge, it has designed a 5 million homes solar installation plan under the […] Read Full Story
ENERGY Seplat Petroleum Development Company Plc said that its Incorporated Joint Venture, IJV, ANOH Gas Processing Company, (AGPC), successfully raised $260 million in debt to fund completion of its ANOH Gas Processing Plant (ANOH). Seplat is a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange.