President Umaru Yar’Adua wants former OPEC Secretary-General Rilwanu Lukman to take over as minister of energy as part of a cabinet reshuffle, a presidential aide told Reuters on Friday. Lukman, who is an honorary advisor to Yar’Adua on energy and … read more
Stakeholders, including a representative of the International Atomic Energy Agency (IAEA), Ian Facer, yesterday urged greater coordination among those involved in Nigeria’s quest to achieve its dream of generating power through nuclear energy. A communique issued at the close of … read more
FEDERAL Government, Shell and other stakeholders of Nigeria Liquefied Natural Gas (NLNG) have spent a total of N1.521 trillion ($13 billion) on the Bonny gas project, which has provided some solutions to the global energy security and diversity. Out of … read more
COMMERCIAL banks in Aba, the economic capital of Abia State, yesterday shut their doors against customers to protest the state of insecurity in the town particularly the increasing wave of kidnapping and armed robbery. The warning strike, as they called … read more
Four sites in the northern part of the country and three in the south have been selected tentatively as locations for the nuclear power stations through which the Federal Government hopes to generate electricity. Speaking at the end of the … read more
The continued availability of 1,500 mega watts electricity from Nigeria’s hydro power stations at Kainji and Jebba is being threatened as Niger Republic begins the construction of a hydro-electric-power dam on the upstream side of the River Niger. Nigeria has … read more
Oil and gas operators are lost faith in the ability of the Nigerian National Petroleum Corporation (NNPC) to keep the nation’s refineries running through period turn around maintenance (TAM). To them, the TAM is futile exercises that only serve as … read more
Nigeria’s drive to develop electricity from nuclear sources would be managed substantially by local professionals, the Federal Government said on Tuesday. Speaking in an interview with our correspondent on the sidelines of the review workshop/expert mission on the National Nuclear … read more
The Defence Headquarters on Tuesday said that the Federal Government was ready to pull out all troops in the Niger Delta region once there were guarantees of peace and stability in the area. It said government decided to deploy troops … read more
The Defence Headquarters yesterday blamed the prolonged crisis in the Niger Delta on foreign elements coming into the region especially the proximity of the region to the much coveted Gulf of Guinea. At his maiden press briefing, the Director of … read more