Local content has given impetus for Nigerian companies to ramp up capacity…Emeka Ene P\10
Nigeria spends N736bn on fuel import in nine months P\15
A Vanguard Monthly Review Of The Energy Industry VOL 05
N0. 68
UPDATES MONTHLY BASKET PRICE
DEC-14 NOV-14 0CT-14 SEP-14 AUG-14 JUL-14 JUN-14 MAY-14 APR-14 MAR-14 FEB-14 JAN-14 DEC-14
60.23 75.57 85.06 95.98 100.75 105.61 107.89 105.44 104.27 104.15 105.38 104.71 107.67
Daily | Weekly | Monthly | Yearly
54.44 U$
110 108 106
JANUARY, 2015
Nigeria on the
brink over price slump, subsidy debacle
104 102 100 98 96 94 92 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14
NERC decries irregularity in metering scheme
T
he Nigerian Electricity Regulatory Commission, NERC, has raised alarm over the irregularities in the metering scheme, adding that 50 per cent of Nigerian electricity consumers are yet to be metered. This was disclosed at a recent metering consultation in Port- Harcourt. The Chairman, Dr. Sam Amadi, said ‘the over 50 per cent electricity consumers were not metered and thereby subjected to the cruelty of estimated billings, popularly known as crazing billings in Nigeria.’
P\13
NLNG Sponsors 57 Nigerian Trainees in South Korea