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The Transmission Company of Nigeria (TCN) has clarified that the disbursement of ₦1.28 billion for solar streetlight installations is lawful. Responding to a publication by Foundation for Investigative Journalism (FIJ) reporter Emmanuel Oluwole Uti, TCN confirmed that the projects in question are National Assembly Constituency Interventions fully approved within the Federal Government budget, designed to ...
The Governor of Lagos State, Mr Babajide Sanwo-Olu, on Friday commissioned Nigeria’s first integrated energy hub in Oshodi. Speaking at the commissioning, the Governor described the facility as a significant milestone in the country’s transition to cleaner, more affordable, and sustainable energy sources. The Governor launched the newly built IBILE Oil & Gas Corporation (IOGC) ...
By Firdaus Jibril The Federal Government on Friday said it has no immediate plans to increase electricity tariffs, assuring Nigerians that its priority is to improve electricity supply, expand metering and strengthen the country’s power infrastructure. The Minister of Power, Joseph Tegbe, gave the assurance during a media stakeholders engagement in Lagos. Speaking, Tegbe said ...
Power The Minister of Power, Mr Joseph Tegbe, has unveiled a roadmap to reposition the electricity sector, with reforms aimed at improving power supply, accelerating infrastructure development, strengthening the national grid and restoring investor confidence. Tegbe disclosed this on Friday during an interactive media engagement in Lagos. He said the Federal Government, under President Bola ...
By Gaffar Tunde Do we really have the interest of our country at heart or are we hell-bent on seeing them fail? News reports have been fraught with inaccurate details regarding an alleged plan by the Federal Government to increase tariffs and remove subsidies. Many people have been reporting misleading information rather than the facts. ...
The Nigeria Customs Service (NCS) has announced the implementation of additional guidelines issued by the Federal Ministry of Finance for the Fiscal Incentives under the Presidential Gas for Growth Initiative. NCS’s Spokesperson, Abdullahi Maiwada, said this in a statement on Friday in Abuja. Maiwada said that the move was in furtherance of President Bola Tinubu’s ...
Minister of Power, Joseph Tegbe has revealed that the federal government is prioritizing making the power sector financially sustainable. Speaking at a media stakeholders’ session in Lagos on Friday, Tegbe highlighted ongoing efforts to overcome the country's power challenges. He noted that under his leadership the government is identifying areas that are commercially viable with ...
Managing Director of the Rural Electrification Agency, Dr. Abba Aliyu, in this interview with select senior journalists, speaks on the agency’s landmark completion of a nationwide energy mapping exercise that identified over 750,000 communities and the pivotal role of electricity as the underlying infrastructure powering economic growth. How critical is the power situation in Nigeria ...
By Firdaus Jibril Esso Exploration and Production Nigeria Limited (EEPNL), an affiliate of ExxonMobil, has declared force majeure on crude exports from its Erha deepwater oil field following unexpected equipment damage supporting export operations. The company said the declaration became necessary after damage occurred to the floating buoy supporting crude export operations at the Erha ...
By Firdaus Jibril The Federal Government and the Niger State Government have aligned efforts to leverage the Dangote Group facilities to boost domestic energy production and food security across Nigeria. This came as the Minister of State for Industry, Senator John Owan Enoh, alongside Niger State Governor, Mohammed Umar Bago, conducted an executive facility tour ...
Shell Companies in Nigeria on Tuesday night hosted outgoing Executive Vice President Nigeria and Country Chair, Marno de Jong to a rousing sendforth as former Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni returns from a foreign posting to take up the role. Stakeholders from government, the energy industry and ...
By Firdaus Jibril Seplat Energy Plc has signed an agreement with the Nigerian National Petroleum Company (NNPC) Limited to sell a 10 percent working interest in its joint venture assets for approximately $281.6 million. The company disclosed this in a regulatory filing on the Nigerian Exchange (NGX) on Thursday. According to the filing, Seplat’s subsidiaries, ...
The House of Representatives Committee on Public Assets has pledged to work with NDPHC to resolve funding constraints delaying the 330 Kilo Volt (kV) Double Circuit Ikot Ekpene–Ikot Abasi Transmission Line Project (Lot 18T). Mr Nazo Agim, the Head, Corporate Communication and External Relations, Niger Delta Power Holding Company (NDPHC), said in a statement in ...
…set to sell 10% interest in NNPCL-SEPNU JV for $282m Seplat Energy PLC has announced a massive 498 percent surge in Profit After Tax to $164 million for the six months ended June 30, 2026, alongside a milestone agreement to sell a 10 percent interest in the NNPCL-SEPNU Joint Venture to NNPC Limited. The transaction ...
By Firdaus Jibril Residents of Girei Local Government Area of Adamawa State on Wednesday staged a protest over a prolonged power outage that has left the community without electricity for more than two months. The protesters, under the umbrella of the Movement for the Transformation of Nigeria (MOTN), marched to the headquarters of the Yola ...
By Firdaus Jibril The Rural Electrification Agency (REA) and the Canadian High Commission have begun discussions on expanding collaboration to improve sustainable energy access across Nigeria. The Managing Director and Chief Executive Officer of the REA, Abba Aliyu, disclosed this after a meeting with the Acting High Commissioner of Canada to Nigeria, David Sproule. According ...
Ebenco Global Link Limited has affirmed that it fully owns the first fully locally fabricated refinery in Nigeria. In a statement on Tuesday, the energy company cautioned stakeholders, investors, and the general public against relying on unauthorized reports and third-party graphics regarding its operations and corporate affiliations. The company reaffirmed that the Ebenco Modular Refinery is a ...
The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have signed a partnership to accelerate the deployment of sustainable digital infrastructure across Nigeria through the integration of renewable energy solutions and telecommunications infrastructure. The partnership was sealed with the signing of a Memorandum of Understanding (MoU) at the NCC–REA Stakeholder Workshop held at the ...
By Firdaus Jibril The Zanzibar Utilities Regulatory Authority (ZURA) has concluded a study tour of Nigeria’s electricity sector. Recall that the delegation arrived Nigeria last week with the aim of strengthening regulatory cooperation and promoting knowledge exchange between both countries. The tour, which ended on yesterday provided the ZURA delegation with insights into Nigeria’s evolving ...
...as Train 7 reaches 93% completion Nigeria LNG Limited (NLNG) has generated $149.6 billion in revenue since operations began and paid $10.8 billion in taxes to the Federal Government since becoming tax-compliant in 2009, Managing Director and Chief Executive Engr. Adeleye Falade disclosed. Falade presented the figures on Tuesday in Lagos during the unveiling of ...
By Firdaus Jibril The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced the first half (H1) 2026 Nigerian Gas Network Reconciliation (NGNR) Workshop as part of efforts to strengthen transparency, accountability and operational efficiency in the country’s domestic gas market. Declaring the workshop open on behalf of the Authority Chief Executive, Mallam Rabiu ...
The Rural Electrification Agency (REA) and the Special Agro-Industrial Processing Zones (SAPZ) programme have signed a landmark Memorandum of Understanding (MoU) to deliver affordable and sustainable energy across designated agricultural processing hubs in Nigeria. The agreement, signed on Monday in Abuja, establishes a framework for joint technical assessments, capacity building, and energy deployment under the ...
By Firdaus Jibril The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has pledged the federal government’s support for the African Petroleum Regulators Forum (AFRIPERF). This is as the Minister harped on stronger policy alignment among regulators noting that it will help create a more predictable investment environment across the continent. Lokpobiri made ...
