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  • Nigeria could lose $100m to foreigners over NNPC contracts – Shippers
    Members of the Ship Owners Association of Nigeria (SOAN) have said the federal government will be losing over $100 million due to a recent award of coastal and bunkering of vessel service contract to a foreign firm by the Nigerian National Petroleum Corporation (NNPC). The members of SOAN made this disclosure in a petition to… […]
  • 12 Nigerian power plants idle as electricity generation drops to 3,928MW
    The number of idle power plants on the national grid increased by two to 12 on Thursday following the total system collapse that occurred on Wednesday. The total power generation in the country declined to 3,927.9 megawatts as of 6am on Thursday from 4,272MW at the same time the previous day. The plants that did… […]
  • Uganda’s petrol prices rise ahead of new tax
    Even before the new tax on fuel comes into effect on July 1, fuel stations have already increased pump prices for the product. Through a mini-survey, Daily Monitor has established that the pump prices of fuel have significantly increased, with operators of public transport such as taxis and boda boda riders left with no option… […]
  • AGIP shuts down oil well in Bayelsa, Nigeria over oil spill
    The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni in Yenagoa Local Government Area of Bayelsa State. The oilfield has been shut down, the company said. The cause of the leakage, according to the Joint Investigative Visit (JIV) report on the incident sighted… […]
  • Tanzanian Govt funds 90% of electricity infrastructure
    ABOUT 90 per cent of rural electricity infrastructure has been built using government money, Rural Energy Board (REB) has said. REB Chairman Mr Julius Kalolo said that 10 per cent of the fund has been contributed by development stakeholders “10 percent is a lot of money, because it has helped a lot to boost the… […]