The Petroleum Technology Development Fund (PTDF) has announced plans to work closely with stakeholders in Nigeria’s oil and gas industry to ensure that students trained under its scholarship programme are absorbed into key roles within the sector. This was made…
…As tariff reforms drive historic growth By Seun Ibiyemi The Minister of Power, Mr Adebayo Adelabu, has revealed that Nigeria’s power sector recorded an additional N700 billion in revenue in 2024, marking a striking 70 per cent increase compared to…
The Niger Delta Power Holding Company (NDPHC) has announced a significant investment of N500 billion in the development of transmission infrastructure and networks across Nigeria. Engr. Jennifer Adighije, Managing Director/CEO of NDPHC, made this revelation on Thursday during an inspection…
Engr. Felix Omatsola Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), on Wednesday offered strong backing for the vision and long-term plans of Renaissance Africa Energy Company Limited, a consortium that completed the acquisition of Shell…
…Former MD honoured as ‘Amazon of Nigeria’s Oil Sector’ Shell Nigeria Exploration and Production Company (SNEPCo) has been recognised as the Major Oil Company of the Year 2024 by Energy Times, a leading publication covering the energy sector. The accolade…
The Federal Government says it plans to pay Power Generation Companies (GenCos) two trillion Naira out of the four trillion Naira debt owed them before the end of 2025. The Minister of Power, Mr Adebayo Adelabu said this on Thursday…
The Eko Electricity Distribution Company (EKEDC) has informed customers of a planned 10-hour suspension of its prepaid payment services scheduled for Tuesday, 22 April 2025. In a statement released on Thursday in Lagos, the company’s General Manager of Corporate Communications,…
…Kaduna Refinery hits 81% completion By Seun Ibiyemi With global crude oil prices continuing their sharp downward trend, the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has raised serious concerns about the…
The Rural Electrification Agency (REA) has unveiled plans to develop Nigeria’s first floating solar photovoltaic (PV) plant—an 8MW facility—set to provide electricity to Lagos State University (LASU). This landmark project is part of a broader collaboration between the agency and…
By Seun Ibiyemi The Federal Government has disclosed that plans are underway to address the N4 trillion debt owed to electricity generation companies (GenCos) for power already supplied to the national grid. This was confirmed by the Special Adviser on…
