24 May 2017, Sweetcrude, Lagos – In a bid to reduce monopoly at the ports and enhance operational efficiency, the Managing Director of Nigerian Ports Authority, NPA, Hadiza Bala Usman, has directed that every terminal in the port is free to receive ...


A Review of The Nigerian Energy Industry

NEWSLETTER -  Wed, May 24 2017

NPA moves to remove cargo handling monopoly

NPA moves to remove cargo handling monopoly
24 May 2017, Sweetcrude, Lagos – In a bid to reduce monopoly at the ports and enhance operational efficiency, the Managing Director of Nigerian Ports Authority, NPA, Hadiza Bala Usman, has directed that every terminal in the port is free to receive any cargo in so far as the terminal has the technical competence to handle […]

      

CBN chief highlights advantage of forex shortages

CBN chief highlights advantage of forex shortages
24 May 2017, Sweetcrude, Abuja – Deputy Governor of the Central Bank of Nigeria, CBN, Joseph Nnanna, says there an advantage in the current scarcity of foreign exchange in the country. One advantage of the foreign-exchange shortages is that they forced Nigerians to buy more local products, including food such as rice, Nnanna said. “The craze […]...

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Electricity workers to resume picketing of PHEDC 

Electricity workers to resume picketing of PHEDC 
Mkpokana Udoma 24 May 2017, Sweetcrude, Port Harcourt – Electricity workers under the aegis of the National Union of Electricity Employees, NUEE, have vowed to shut down facilities and offices of the Port Harcourt Electricity Distribution Company, PHEDC, over unresolved labour issues. The electricity union also said its officials were expecting to meet with the Federal […]...

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GE Nigeria gas turbine plant ready in December

GE Nigeria gas turbine plant ready in December
Sam Ikeotuonye 24 May 2017, Sweetcrude, Lagos – Beginning from next year, US multinational company General Electric, GE, will commence the operation of a gas turbine assembly plant in Nigeria. The Chief Executive Officer, GE Nigeria, Mr. Lazarus Angbazo, revealed this, saying the company had invested over $100 million in the plant. Angbazo also revealed that […]...

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Kaduna Electric tackles state revenue service over tax

Kaduna Electric tackles state revenue service over tax
24 May 2017, Sweetcrude, Lagos – The Kaduna Electric has decried alleged plan by the Kaduna State Internal Revenue Service to seal its head office over non-payment of PAYE tax to the state government. The company said it was dismayed that the  state revenue service was not entirely factual in its assertions regarding it. It said […]

      

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Sweetcrude is a review of the Nigerian energy industry. The publication has evolved to become the voice and watchdog of industry, reporting all spectrum of the energy chain in-country and serving as an interface between the Nigerian energy industry and that of Europe, the Middle-East and the American continent.


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