Latest in
A new era of corporate leadership has commenced at the Ibadan Electricity Distribution Company (IBEDC) as a new core investor group formally took control, pledging a significant infusion of fresh capital to transform electricity delivery across the franchise’s seven-state network. The transition was finalized on Tuesday following a reconstituted Board of Directors’ meeting in Ibadan, ...
Mrs Oritsemeyiwa Eyesan, Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has promised to enhance transparency and ensure that the NUPRC’s internal communication are fully digital. Eyesan said this when the Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Musa Adar, visited the NUPRC’s corporate headquarters in Abuja. Eyesan, in a statement underscored the need for ...
The Nigerian National Petroleum Company (NNPC) Limited has signaled a transformative shift in the nation's downstream sector, offering high praise for the Dangote Group's industrial audacity while cementing a partnership designed to guarantee long-term energy security. During a high-level management visit to the 650,000 barrels per day Dangote Refinery and Petrochemical Complex, NNPC Group Chief ...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Dangote Group have forged a renewed strategic alliance designed to accelerate energy security, deepen domestic refining capacity and drive long-term economic prosperity. In a significant move aimed at reshaping Nigeria’s energy landscape, the two companies renewed the alliance on Saturday. This epochal deal was reached ...
The Kano Electricity Distribution Company (KEDCO) has announced a ₦500 million investment to rehabilitate the IBB Way Injection Substation and other critical power infrastructure in Katsina State. The Head of Corporate Communication at KEDCO, Mr. Sani Bala-Sani disclosed this in a statement issued on Thursday in Katsina, describing the move as part of efforts to enhance ...
Nigeria’s upstream oil sector started the new year on a high note as crude oil production climbed to 1.46 million barrels per day (mb/d) in January, according to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This represents a 2.6% month-on-month (MoM) increase, signaling a vital recovery for the continent’s largest ...
By Osordi Ayomide The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised strong concerns over a newly signed executive order by President Bola Ahmed Tinubu, describing it as a direct affront to the Petroleum Industry Act (PIA) and a potential threat to investment inflow into Nigeria’s oil and ...
The Benin Electricity Distribution Company (BEDC) has attributed the worsening electricity supply across its franchise states, including Edo, to reduced power allocation from the national grid. The company’s spokesperson, Mrs Evelyn Gbiwen, who said this in a statement on Thursday in Benin, noted that the outages and load shedding were beyond the control of the ...
The Kano Electricity Distribution Company (KEDCO) says it is investing ₦500 million to revive the IBB Way Injection Substation and other critical power infrastructure in Katsina. Mr Sani Bala-Sani, Head, Corporate Communication, KEDCO, disclosed this in a statement issued in Katsina on Thursday. According to him, the development is in a strategic move aimed at ...
By Matthew Denis In a major fiscal overhaul, President Bola Ahmed Tinubu has signed a new Executive Order designed to eliminate unconstitutional deductions and ensure the direct remittance of oil and gas revenues to the Federation Account. Gazetted on February 13, 2026, the directive effectively strips the NNPCL of billions in previously retained fees and ...
The Federal Government has signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation on methane emissions reduction, gas development, clean cooking access and technical support. Speaking on Tuesday during the signing ceremony at the IEA Headquarters in Paris, France, the Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, said ...
The Federal Government has signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation on methane emissions reduction, gas development, clean cooking access and technical support. Speaking on Tuesday during the signing ceremony at the IEA Headquarters in Paris, France, the Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe ...
The Nigerian Electricity Regulatory Commission (NERC) has introduced a simplified, three-tier framework designed to empower consumers in tackling chronic service issues such as arbitrary estimated billing, persistent power outages, and faulty metering. In a public advisory released via its official X handle on Tuesday, the regulator underscored a structured hierarchy for complaints to ensure accountability ...
Nigeria LNG Limited (NLNG) has emphasized that establishing a stable, low-risk operating environment is the only way to rebuild investor confidence and attract the capital necessary for Nigeria’s long-term energy security. Speaking on Thursday at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), Mr. Nnamdi Anowi, NLNG's General Manager of Production, warned that perceived ...
The Abuja Electricity Distribution Company (AEDC) has called for a stronger partnership with customers and the media to combat the dual challenges of vandalism and low revenue. During an interactive session in Minna on Thursday, Head of Brand Marketing and Corporate Communications, Mr. Omede Odekina, explained that while seasonal weather and technical faults contribute to ...
Nigerians may experience a modest reduction in electricity supply following the announcement of scheduled maintenance on Seplat Energy’s gas production facilities. The maintenance, which is part of standard industry safety and asset integrity protocols, is slated to run from February 12 to February 15, 2026. NNPC Ltd. spokesperson, Mr. Andy Odeh, explained that the four-day ...
The Rural Electrification Agency (REA), in partnership with the Government of the Republic of Korea has commissioned a 1MW combined capacity clean energy infrastructure to two communities under the Korean Energy Project (KEP): a 900 kWp solar hybrid facility in Rubochi and a 100 kWp system in Ikwa, both within the Federal Capital Territory (FCT). ...
...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 By Seun Ibiyemi Dangote Petroleum Refinery has announced a significant operational milestone following the full restoration and optimisation of its Crude Distillation Unit and Motor Spirit production ...
Nigeria failed to meet its assigned crude oil production quota for the sixth month in a row, according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). The OPEC monthly report, released on Wednesday, showed that Nigeria’s crude oil output fell to 1.478 million barrels per day (bpd) in January 2026, ...
Stories by Seun Ibiyemi Solomon Ewanehi, the Group Chief Executive Officer (GCEO) of Solewant Group has issued a compelling call for African nations to prioritize local content as the cornerstone of energy security and industrialization. Speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026 in Lagos, Ewanehi argued that a nation’s development is inextricably linked to ...
Nasarawa State House of Assembly, has confirmed the appointment of Abubakar Bello as Chairman of Nasarawa State Electricity Regulatory Commission (NASERC) alongside five others as commission’s Commissioners. Bello is presently the Director of Electrical Engineering with the State Government. Dr Danladi Jatau, the Speaker of the House announced their confirmation after the nominees appeared for ...
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called for stronger collaboration among African nations, governments, and industry stakeholders to advance local content development across the continent’s energy sector. Speaking at the 10th anniversary edition of the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC 2026), ...
The 9th Nigeria International Energy Summit (NIES) 2026 recently concluded at the State House in Abuja, leaving behind a clear blueprint for Africa’s industrial future. Amidst high-level debates on regulatory harmonization and $8 billion investment commitments, one name stood out as a testament to the power of homegrown innovation: Solewant Group. Exhibiting under the theme ...
