Latest in
Dangote Petroleum Refinery has issued a forceful rebuttal to recent reports suggesting it imports finished Premium Motor Spirit (PMS) into Nigeria, describing the claims as a misleading distortion of its operational technicalities. In an official statement released on Monday, the refinery clarified that while it does import intermediate feedstocks and blending components to optimize production, ...
The Nigerian Gas Network Authority has officially inaugurated the H2 2025 Reconciliation Workshop, a high-stakes technical audit designed to bring transparency to domestic gas accounting. The exercise focuses on verifying and reconciling gas volumes transported across the national network between July and December 2025. Executed under the Petroleum Industry Act (PIA) and the Nigerian Gas ...
...demands judicial alignment with new State-level laws Stories by Seun Ibiyemi The persistent failure of Nigeria’s national power grid has been labeled a “national embarrassment” by Dr. Musiliu Oseni, Chairman of the Nigerian Electricity Regulatory Commission (NERC). Speaking at the 2026 NERC Seminar for Judges in Abuja on Monday, Dr. Oseni signaled a rigorous new ...
The Managing Director of the Rural Electrification Agency (REA), Abba Abubakar Aliyu, has asserted that mini-grids have evolved into a critical resilience infrastructure for Nigeria, providing a dependable alternative to the national grid during system disruptions. Speaking during a panel session titled “Reliable, Sustainable & Inclusive Power for Africa’s Future” at the Nigeria International Energy ...
In a decisive move to streamline the oil and gas contracting process and reduce production costs, the Nigerian Content Development and Monitoring Board (NCDMB) has issued the NCEC Application Guidance Notes, aimed at eliminating intermediaries that lack technical capacity. Effective as of December 2025, these new protocols operationalize Presidential Directives designed to ensure only genuine ...
Frazimex Engineering Limited, a subsidiary of Oilserv Group, says sections of the Obiafu–Obrikom–Oben (OB3) gas pipeline are currently transporting about 300 million standard cubic feet of gas per day (mmscfd), marking a significant step in strengthening Nigeria’s domestic gas supply network. Managing Director of Frazimex Engineering Ltd., Mr. Chuka Eze, disclosed this to journalists on ...
….. provides roadmap to $3.4tn continental market The Nigerian Content Development and Monitoring Board has outlined a practical framework for positioning Nigeria’s energy sector to access the African Continental Free Trade Area, following a strategic webinar focused on meeting rules-of-origin requirements for continental trade. The Board held a pre-conference webinar on Wednesday ahead of the ...
By Seun Ibiyemi 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 ...
In a strategic move to resolve the liquidity crisis within Nigeria’s energy value chain, the Federal Government has approved a new mechanism allowing upstream gas producers to deduct outstanding legacy debts from their royalty payments. The Decade of Gas Coordinator, Mr. Ed Ubong, revealed this development during a high-level dialogue at the ongoing Nigeria International ...
By Seun Ibiyemi 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 ...
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has charged industry stakeholders to move beyond talk and begin implementing concrete growth strategies. Addressing a high-level session, Lokpobiri warned that the nation’s energy future depends on a robust upstream sector. “The time has come to do things differently. The Federal Government has provided ...
The Dangote Petroleum Refinery has dismissed claims that it imports refined products, asserting that all fuels distributed from its Lekki facility are refined locally. The refinery's CEO, David Bird, clarified that materials often mistaken for imports are actually intermediate feedstocks used to enhance refinery performance, a standard practice in global hubs like Singapore and the ...
...hails Dangote refinery as relief for Nigeria’s fuel supply Stories by Seun Ibiyemi The Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Bashir Ojulari, has outlined a radical new strategy focused on commercial discipline and attracting strategic global partners to restore profitability for Nigeria's refineries. Speaking at the Nigeria International Energy Summit (N.I.E.S) ...
By Seun Ibiyemi 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 ...
Sahara Group, a leading energy and infrastructure conglomerate, will promote energy security, collaboration, and innovation tailored to Africa at the 9th Nigeria International Energy Summit (NIES) 2026, scheduled for February 2–5 in Abuja. The Summit brings together global leaders and policymakers under the theme “Energy for Peace and Prosperity: Securing Our Shared Future.” With more than three decades ...
By Seun Ibiyemi 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 ...
By Seun Ibiyemi 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 ...
…delivers solar submersible borehole for over 2,500 residents The Rural Electrification Agency (REA) has successfully completed and commissioned a 100 kWp solar mini-grid in Damau, a rural community in Kubau Local Government Area of Kaduna State, marking another milestone in the Agency’s mandate to expand sustainable energy access and improve socio-economic growth in underserved and ...
The Ogun State Government is set to commission its own Electricity Distribution Company, a strategic move designed to bypass national grid bottlenecks and guarantee stable power supply for the state's industrial and residential clusters. Governor Dapo Abiodun disclosed this on Wednesday while receiving a high-powered World Bank delegation led by its Vice President, Ms. Galina ...
…unveil over 3,800 mini-grid opportunities By Seun Ibiyemi 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 ...
By Seun Ibiyemi 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 Transmission Company of Nigeria (TCN), Enugu Region says it has inaugurated a new 75 Mega Volt Ampere (MVA), 132/33 Kilo Volt (KV) power transformer at its Mile 50, Abakaliki Transmission Substation in Ebonyi. Mrs Ndidi Mbah, TCN’s General Manager, Public Affairs made this known in a statement in Abuja on Wednesday. Mbah said that ...
The Federal Government has successfully raised ₦501 billion in its inaugural bond issuance dedicated to clearing over a decade of accumulated debts in the power sector. The historic move has seen 14 power plants sign settlement agreements, marking a turning point for electricity generation in Nigeria. The bond, issued under the Presidential Power Sector Debt ...
