Alison-Madueke to Focus on Energy Security, Market Balance as OPEC’s President

The newly elected president of the Organisation of Petroleum Exporting Countries (OPEC) and Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has said her one year reign at the helm of affairs of the organisation will be dominated by keen focus on energy security and balance in crude oil market.

Alison-Madueke who was Thursday elected the first female president of OPEC at the 166th general meeting of the body in Vienna, Austria, told diaspora Nigerians in Austria that the position will

Power generation hits 4,044mw, improves electricity supply

Electricity generation in the country has hit 4,044 megawatts (MW) on account of improved gas supply to  generation stations and the rise in the water level at the various hydro power stations typical of the rainy season.

The generation level, according to sources in the power sector, is expected to continue to improve with more gas being supplied and incentives given to gas producers to produce more.

Reacting to the improved power situation, Frank Edozien,special assistant to the minister of power on gas, said the combined efforts of the government and the private sector had led to the current achievement, promising that