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Tag:oil revenue

Oil revenue grew by 30% in first half 2024 – Govt

The Federal Government says Nigeria’s oil revenue grew from 11 per cent in the first half of 2023 to 30 per cent in the...

Transparency agency wants oil revenue savings transferred to Sovereign Wealth Fund

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the transfer of all the country’s oil revenue savings into the custody of the...

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Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra Verma, says the 18-inch, 80-kilometre Sagamu–Ibadan natural gas pipeline has...
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Power generation falls to 4,300MW amid gas shortage, Enugu experiences drop in power supply

The Nigerian Independent System Operator (NISO) says power generation has dropped to approximately 4,300 megawatts due to inadequate gas...

NIMASA backs national maritime decarbonisation plan

The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged regulatory leadership and technical coordination to deliver a robust...

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Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra...

Power generation falls to 4,300MW amid gas shortage, Enugu experiences drop in power supply

The Nigerian Independent System Operator (NISO) says power generation...
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