Reporter
2,051 stories
News
The Association of Power Generation Companies (APGC) has appealed to stakeholders, including the Nigeria Labour Congress (NLC), to exercise understanding toward power generation companies (GenCos) over more than ₦6 trillion in unpaid electricity invoices, describing the companies as victims rather than culprits. In a statement signed during the week by APGC Chief Executive Officer, Joy ...
News
The Nigerian Content Development and Monitoring Board (NCDMB) has signaled a definitive shift toward aggressive enforcement of the Nigerian Content Development Fund (NCDF) levy. In a strategic policy update delivered from the Nigerian Content Tower in Yenagoa, the Board made it clear that compliance is no longer a mere statutory suggestion but a rigid gatekeeper ...
News
Eko Electricity Distribution Company (EKEDC) has arraigned six residents of Lagos State before T. M. Kassim Adeyelure at Court 6, Eti-Osa Magisterial District, over alleged electricity theft and conspiracy. The defendants, Abiodun Aremu, Okwori Joseph, Ebi Veronica, Vanella Macaulay, Loritta Etim, and Oyindamola Adekunle were apprehended during a raid on February 7, 2026, at No. ...
Energy
...Restored units resume operations at 650,000bpd ...72-hour test with UOP underway to certify global standards compliance ...Output set to rise as Phase Two performance trials begin next week Dangote Petroleum Refinery has announced a significant operational milestone following the full restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, a development ...
Issues of the Moment
The synchronized massacres in Kwara and Katsina states on February 3–4, 2026, represent more than just a tragic spike in Nigeria’s security crisis; they signal a strategic shift in the geography of the country's insurgency. While the death toll climbing toward 200 in Kwara’s Kaiama district alone is staggering, the underlying geopolitical and ideological drivers ...
Money market
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that ongoing monetary reforms and currency stabilisation are positioning Nigeria as a more attractive destination for foreign direct investment (FDI). Speaking at the National Economic Council (NEC) Conference in Abuja on Monday, Cardoso highlighted that restored stability in the Naira and the ...
Business
The National Agency for Food and Drug Administration and Control (NAFDAC) has dismissed as false a viral video circulating on social media alleging that the agency secretly banned the sale and use of Amoxicillin in Nigeria. In a statement issued by the Director-General, Prof. Mojisola Adeyeye, NAFDAC clarified that it has neither secretly nor openly ...
Business
Industry leaders, policymakers, investors, and development partners have underscored the importance of the African Continental Free Trade Area (AfCFTA) in transforming the oil and gas sector and driving regional economic integration across the continent. Speaking at the 2026 AfCFTA Summit hosted by the Nigerian Content Development and Monitoring Board (NCDMB), Petroleum Technology Association of Nigeria ...
News
Electricity consumers in Lagos and parts of Oyo State are facing renewed power disruptions following a drop in generation caused by gas supply constraints on the National Grid, as well as infrastructure damage linked to a road accident in Ibadan. In separate notices issued on February 7, 2026, Ikeja Electric and Eko Electricity Distribution Company ...
Energy
The Federal Government has successfully utilized the Petroleum Industry Act (PIA) to resolve long-standing legacy debts owed to gas producers, marking a significant milestone in restoring investor confidence within Nigeria’s gas-to-power sector. This development was shared by the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, at the 9th Nigeria International Energy ...
Energy
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the strategic implementation of downstream deregulation and foreign exchange reforms resulted in over N6 trillion in savings from fuel import losses during the first nine months of 2025. This disclosure was made by the Chief Executive of the NMDPRA, Mr. Saidu Mohammed, during his ...
Energy
The Rural Electrification Agency (REA) has called for a deeper commitment from private developers to sustain Nigeria’s ambitious off-grid power targets. During an inspection of Vsolaris facilities in Lagos, REA Managing Director Dr. Abba Abubakar Aliyu stated that government funding is intended solely as a catalytic grant to unlock private capital rather than a permanent subsidy. This ...
Issues of the Moment
Nigeria finds itself at a volatile crossroads where the cold logic of fiscal policy meets the heated reality of social survival. The recently enacted tax law, intended by the administration to be a cornerstone of national economic stability, has instead become a lightning rod for discontent. As the Coalition of Niger Delta Civil Society Organisations ...
Energy
The Federal Government through the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has urged stakeholders in the energy sector to adopt performance-driven local content strategies to accelerate industrial growth and position African companies for global competitiveness. Ekpo made the appeal while opening a strategic session titled “Local Content Beyond Compliance: Building African Industrial Powerhouses,” at the 9th Nigeria International Energy Summit. He ...
Energy
The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has issued a warning regarding the disconnect between high-level energy policies and the actual delivery of projects on the ground. Delivering a presentation titled “Bridging Production Gaps: From Policy Intent to Project Delivery” at the 9th Nigeria International Energy Summit, Ogunsanya highlighted ...
News
The Administrator of the National Judicial Institute (NJI), Hon. Justice Babatunde Adeniran Adejumo, OFR (Rtd), has lauded the Nigerian Electricity Regulatory Commission (NERC) for its sustained commitment to capacity-building programmes for judges on policies, regulations and reforms in the power sector, saying the initiative has significantly enhanced the resolution of electricity-related disputes. Justice Adejumo made ...
News
Officials of the Lagos State Government and MTN Nigeria on Thursday agreed to establish a technical committee to fine-tune modalities for the smooth take-off of construction work on the proposed Yellow Obalende Bus Park. The agreement was reached during a meeting held at Alausa following the presentation of the project concept and architectural drawings by ...
Energy
…unveil over 3,800 mini-grid opportunities The Rural Electrification Agency (REA) and the Benue State Government have launched a strategic partnership designed to bridge the energy gap for over 1.2 million residents through renewable energy solutions. The collaboration was formalized on Wednesday during the 24th State-by-State Roundtable, which focused on translating the Electricity Act 2023 into ...
Energy
The Federal Government’s ambitious bid to end the regime of estimated billing by distributing millions of free electricity meters is facing a storm of opposition, with industry insiders warning that financing loopholes, logistical nightmares, and a brewing standoff with Distribution Companies (DisCos) threaten to derail the entire project. The initiative, anchored on the World Bank-supported ...
Politics
Nasarawa State Governor, Abdullahi Sule, has moved to quell concerns surrounding the political volatility in Rivers State, reassuring stakeholders that the All Progressives Congress (APC) will strictly adhere to its internal processes regarding the recent realignment of Governor Siminalayi Fubara. Speaking during an extensive interview on Politics Today, Governor Sule described the unfolding developments in ...
