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Firdaus Jibril

215 stories

  1. Energy

    Funding constraints restricting our increased participation in CNG adoption — PETROAN

    The Federal Government’s drive to expand Compressed Natural Gas (CNG) adoption in Nigeria continues to face funding, infrastructure and public awareness challenges, with petroleum retailers identifying funding as major constraint. Speaking on behalf of the Association, PETROAN National President, Dr Billy Gillis-Harry in an interview on the progress and implementation gaps of the Federal Government’s ...

  2. Energy

    NMDPRA begins consultation for proposed gas tariff framework

    The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is set commence consultations for the proposed tariff methodologies for gas processing plants, pipelines and distribution infrastructure, as part of efforts to establish how operators charge companies for using the facilities. The proposed framework is expected to guide tariffs charged by licensees for the use of ...

  3. Energy

    Minister commissions Rolling Energy’s Kano gas hub

    Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo has commissioned Rolling Energy’s Kano gas hub. The commissioning of the new gas distribution facilities in Kano State is expected to improve access to compressed natural gas (CNG) in northern Nigeria, where limited supply infrastructure has constrained the adoption of cheaper alternative fuels. The facilities, developed ...

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  5. Energy

    NCDMB, NLNG commit $9m to commercialise oil and gas research in six universities

    The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG Limited (NLNG) have committed $9 million to support specialised research in six Nigerian universities, with a focus on developing commercially viable solutions to challenges in the oil and gas industry. Under the Nigerian Content Research and Development (NC-R&D) Professorial Chair Endowment Programme, each university ...

  6. Energy

    Lagos generator dependence a business opportunity for electricity suppliers — Okon

    Seplat Energy's Chief Executive Officer, Engr. Effiong Okon has said that Lagos State’s widespread dependence on petrol and diesel generators presents a significant market opportunity for investment in alternative electricity solutions. Delivering a goodwill message at the Lagos Energy Summit, at the Lagos Energy Summit, Okon said the scale of generator use across Lagos reflected ...

  7. Energy

    Nigeria’s rig count hits 100, as NUPRC approves 740 well operations

    Nigeria’s upstream oil and gas sector has recorded an increase in drilling activity, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approving 740 well operations and 39 Field Development Plans in the first 10 months of 2026. The approvals comprise 595 well re-entry operations and 145 new well-drilling operations, reflecting increased regulatory activity aimed at ...

  8. Energy

    NERC approves ₦30bn to distribute free meters to Band A, B customers

    The Nigerian Electricity Regulatory Commission (NERC) has approved ₦30bn for the installation of free electricity meters for all remaining unmetered Band A customers and additional Band B customers. The funding, approved under Order No. NERC/2026/121, forms part of the Federal Government’s Presidential Metering Initiative aimed at reducing the number of electricity consumers without meters. According ...

  9. Energy

    Why we are conducting technical audit of power sector — Tegbe

    Minister of Power, Joseph Tegbe has revealed that the federal government is currently conducting a technical audit of the power sector to identify specific areas of investment. Speaking on Monday on TVC breakfast, Tegbe explained that the audit was necessary to prevent the government from spending money on infrastructure that did not require immediate intervention. ...

  10. Energy

    FG restores power to Lagos, Ogun, other affected areas

    The Federal Government of Nigeria has announced the restoration of electricity supply to many areas affected by recent power disruptions in Lagos, Ogun, Oyo, Kwara and the Federal Capital Territory following repairs to the vandalised Benin-Egbin 330kV transmission line. Minister of Power, Joseph Tegbe, disclosed this in an update on the country’s electricity situation, saying ...

  11. Energy

    Minister gives TCN November deadline to restore Osogbo/Ikeja west transmission line

    The Minister of Power, Joseph Tegbe has given the Transmission Company of Nigeria (TCN) a deadline of November ending to restore operations on the Osogbo/Ikeja west transmission line. Appearing on TVC breakfast show on Monday, the Minister acknowledged the frustration of Nigerians over recent unstable power supply, noting that the government understood the effect of ...

  12. Energy

    NNPC gas sales lag behind production growth despite rising output

    Nigeria’s gas production grew by 11.3 per cent between October 2025 and September 2026, but reported gas sales increased by just 1.7 per cent, highlighting the challenge of translating higher output into commercial supply. An analysis of the Nigerian National Petroleum Company Limited’s (NNPC) monthly operational reports showed that daily gas production rose from 6,997 ...

  13. Energy

    NNPC, NISO give conflicting reasons for power outage

    ...as Lagos, others to return to normalcy within 24hrs By Firdaus Jibril The Nigerian National Petroleum Company Limited (NNPC) and the Nigerian Independent System Operator (NISO) have offered conflicting explanations for the recent nationwide electricity outages, even as power supply in Lagos and other affected regions are been restored to normalcy. The inconsistency stems from ...

  14. Energy

    IPO: Why we failed to achieve our target of 10m retail investors — Dangote

    President of Dangote Industries Limited, Alhaji Aliko Dangote has attributed the failure of the Dangote Petroleum Refinery’s initial public offering (IPO) to attract its targeted 10 million investors to limited awareness and difficulties accessing the share offer. Speaking at the 25th annual conference of Women in Management, Business and Public Service (WIMBIZ) in Lagos, Dangote ...

  15. Energy

    CNG: Lagos plans establishment of 29 CNG stations by 2028

    By Firdaus Jibril Lagos State is targeting the establishment of 29 compressed natural gas (CNG) refuelling stations by the first quarter of 2028 as it intensifies efforts to expand access to cheaper fuel and encourage motorists to switch from petrol. The Managing Director of Ibile Oil and Gas Corporation, Tayo Gbajumo, disclosed the plan ahead ...

  16. Energy

    Low generation not grid instability is responsible for outages — TCN

    By Firdaus Jibril The Transmission Company of Nigeria (TCN) has attributed recent electricity supply interruptions affecting Ikeja Electric customers to reduced power generation, rejecting the distribution company’s claim that the outages were caused by grid instability. TCN, in a statement issued on Friday, said the outages recorded on November 3 and 4 were largely linked ...

  17. Business Direct

    Agritech businesses must solve value chain gaps to attract investors — FCMB

    Agritech businesses must focus on solving major problems across the agricultural value chain, demonstrate accountability and establish risk-sharing arrangements to attract investors and unlock funding, Kudzai Gumunyu, Divisional Head, Agribusiness and Non-Oil Exports at First City Monument Bank (FCMB), has said. Gumunyu said identifying and addressing the weakest points in the agricultural value chain would ...

  18. Energy

    Why power generation has reduced — NISO explains

    The Nigerian Independent System Operator (NISO) has attributed the decline in electricity generation on the national grid to gas supply constraints affecting thermal power plants and reduced water inflows into reservoirs supplying hydroelectric stations. The operator said the two constraints had reduced available generation, forcing lower electricity allocations to Distribution Companies (DisCos) and resulting in ...

  19. Business Direct

    NNPC Ltd revenue rises 23% in September, but petrol availability remains at 54%

    The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a 23.3 per cent increase in revenue in September 2026, but petrol availability across its retail network remained unchanged at 54 per cent, highlighting contrasting performances across the company's business operations. According to its September Monthly Report Summary released on November 3, the national oil company ...

  20. Energy

    Dangote launches Namibia tank farm, regional pipeline project

    Dangote Industries Limited has unveiled a major petroleum storage and regional pipeline project in Namibia, announcing plans to reduce fuel transportation costs and strengthen the supply of refined petroleum products across Southern Africa. The Dangote Namibia Tank Farm and Regional Pipeline Project was formally launched on Wednesday, November 4, 2026, at Farm 58 in Walvis ...

  21. News

    Developers reselling allocated houses, abandoning housing projects — FMBN raises alarm

    The Federal Mortgage Bank of Nigeria (FMBN) has raised concerns over cases of property developers allegedly reselling houses already allocated to beneficiaries, abandoning construction projects and diverting funds meant for housing development. The bank disclosed that some developers who received construction financing for residential projects failed to deliver completed homes to contributors under the National ...