Department of Petroleum Resources (DPR) recently said it remitted N673.72 billion to the federal government coffers in the first half of 2020. The disclosure came against the backdrop of a recent query by the Senate accusing DPR of remitting N44.5 billion into the Consolidated Revenue Fund (CRF) out of the[Read More…]
Tag: regulations
DPR Stops Illegal Mobile GAS Distribution
The Department of Petroleum Resources Lagos Zonal office,( Gas Unit) in Collaboration with NSCDC during its surveillance visit arrested a mobile Gas operator with a vehicle laden with 1MT LPG Tank with dispensing unit accessories and weight bridge used in dispensing same products within Isheri road, Berger, Lagos. Due to[Read More…]
Group reacts to mass disconnection order by Ikeja Electric.
In a bid to collect bills owed by consumers in March 2020 by Ikeja electric, the organisation issue statement on their intention to embark on Mass disconnection of consumers who failed to pay the estimated bill even without effects to the capping templates as directed by Nerc. Our engagement with[Read More…]
DPR to commence clampdown on ilegal gas plants in Kwara soon – Official
The Department of Petroleum Resources (DPR) in Kwara, on Friday, says it will soon clampdown on illegal gas outlets operating in various parts of the state. The DPR Head of Operations in Kwara, Mr Oyedele Ibitayo, disclosed this in Ilorin DPR had earlier embarked on a road show on Gas[Read More…]
DPR warns against sales of gas in residential areas
The Department of Petroleum Resources (DPR), Osogbo Field Office, has warned skid gas operators against sales of liquefied petroleum gas (LPG) in residential areas in the state. Mr Olusegun Daboh, DPR’s Operations Controller, said on Sunday in Osogbo, said the warning had become imperative in order to avoid fire outbreak.[Read More…]
DPR shuts down 42 illegal gas stations in A’Ibom
The Department of Petroleum Resources(DPR) has closed down at least 42 illegal gas stations in Akwa Ibom State for allegedly engaging in unsafe practices. DPR operations controller in the state, Tamunoiminabo Kingsley-Sundaye,who disclosed this to journalists in Eket local government area recently said the stations were shut down between Jan[Read More…]
Consumers must pay more for electricity from April 1, NERC insist
The Nigeria Electricity Regulatory Commission (NERC) has insisted on starting the implementation of the new electricity tariff increases on April 1. The NERC dropped the hint that the Power Sector Review Programme (PSRP) has proposed the elimination of tariff support in the electricity market by the end of 2021, except[Read More…]
DisCos have continue to fail consumers – Report
Reports on activities in Nigeria’s power sector which the Nigerian Electricity Regulatory Commission (NERC) made available on on its official webpage have exposed the repeated failures of the regulatory agency in making sure that the Discos deliver efficient electricity services to their customers. The reports which covered the period between[Read More…]
manual processing of licences permits suspended – DPR
The Department of Petroleum Resources (DPR) has suspended the manual processing of all downstream application for licenses and permits. The agency explained further that to replace the manual process, it has launched its digitization initiative for downstream operations under the ‘Automated Downstream System’ (ADS) program. The digital initiative according to[Read More…]
DPR seal gas stations in Delta over offences
The Department of Petroleum Resources (DPR), Warri Zonal Office yesterday said it has sealed 10 gas plants and 40 gas retail shops over various offences in Delta. Engr. Victor Ohwodiasa, the Manager, Gas division, Warri led a surveillance team of the regulatory agency on the routine exercise on behalf of[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]