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The Transmission Company of Nigeria (TCN) says it has restored power supply to Taraba State and its environs, following successful upgrade of the Yola-Mayo Belwa-Jalingo transmission line. In a statement on its verified twitter handle in Abuja on Wednesday, General Manager Public Affairs of TCN, Mrs Ndidi Mbah, said that full restoration was achieved at ...
The Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) has released the initial roster of speakers for its 10th Anniversary edition, scheduled to hold next month in Lagos. The event, which celebrates a decade of pan-African energy leadership, is set to convene a high-profile gathering of senior policymakers, regulators, and National Oil Company (NOC) ...
Savannah Energy Plc has appointed Kehinde Ogunwumiju, 43, as a Non-Executive Director of the company, with immediate effect. Ogunwumiju holds no shareholding in the firm. Joseph Pagop Noupoué, Non-Executive Chair of Savannah, welcomed the appointment, describing Ogunwumiju as “an internationally respected legal professional with a proven track record of supporting dynamic, high-growth organisations such as ...
A new report by the Nigerian Electricity Regulatory Commission (NERC) has painted a grim picture of the nation's power sector, revealing that only 38 percent of power-generating plants were available for use in December 2025. This indicates that a staggering 62 percent of the country’s installed capacity was effectively stranded, leaving the grid deprived of ...
The Federal Government has proposed to spend N6.04 billion on personnel costs for Ajaokuta Steel Company Limited in the 2026 fiscal year, despite the steel complex remaining largely non-operational over four decades since its inception. Data from the 2026 Appropriation Bill shows that the company received a total allocation of N6.69 billion, with personnel expenses ...
The Transmission Company of Nigeria (TCN), in collaboration with the African Development Bank (AfDB) and the Federal Ministry of Finance, has conducted a sensitisation exercise for Project Affected Persons (PAPs) along the Alaoji–Onitsha 330kV transmission line corridor. The exercise, which ran from January 6 to January 8, covered 12 Local Government Areas (LGAs) across Abia, ...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has declared its strong opposition to the continued importation of Premium Motor Spirit (PMS), insisting that the Dangote Refinery possesses sufficient capacity to satisfy the nation's petrol demand. IPMAN National President, Abubakar Maigandi Shettima, stated this while dismissing reports that a breakdown in supply arrangements between the ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has fixed January 14, 2026, for the pre-bid conference ahead of the 2025 oil and gas licensing round. The Commission disclosed this in an official notice dated January 8, 2026, signed by its Chief Executive, Engr. Oritsemeyiwa Eyesan, and published on its verified social media platforms. According to ...
Savannah Energy PLC, the British independent energy company has confirmed the appointment of Kehinde Olamide Ogunwumiju as a Non-Executive Director with immediate effect. Commenting on the appointment, Joseph Pagop Noupoué, Non-Executive Chair of Savannah, said: "I am delighted to welcome Kehinde to the Board. He is an internationally respected legal professional with a proven track record of supporting dynamic, ...
The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory oversight of the electricity market in Gombe State to the Gombe State Electricity Regulatory Commission (GOSERC), marking a significant milestone in the ongoing decentralisation of Nigeria’s power sector. The transfer, effective immediately following a commission order, removes Gombe from NERC’s direct regulatory control regarding intrastate ...
The Nigerian Electricity Regulatory Commission has formally transferred regulatory oversight of the electricity market in Gombe State to the Gombe State Electricity Regulatory Commission, in line with the amended Constitution and the Electricity Act 2023. The transfer, which took effect following an order issued by the commission, removes Gombe from NERC’s direct regulatory control over ...
Despite successive tariff adjustments aimed at cost recovery, the Federal Government incurred an electricity subsidy bill of ₦1.98 trillion between October 2024 and September 2025, according to the latest data from the Nigerian Electricity Regulatory Commission (NERC). Quarterly reports released by the regulator reveal that the government continued to bridge the gap between approved tariffs ...
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Ph.D., has declared that the success of regulatory agencies in the oil and gas sector will no longer be measured by the volume of regulations they enforce, but by the number of businesses they empower to succeed. Senator Lokpobiri stated this while receiving the ...
The Ibadan Electricity Distribution Company (IBEDC) has explained why parts of Oyo state, will experience a three-hour power outage for seven days. In a statement on Tuesday, IBEDC revealed that about 22 communities in Ibadan, Oyo state, will experience a three-hour power outage for seven days due to ongoing road construction. The electricity distribution company (DisCo) said ...
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) installed 228,614 meters in the third quarter of 2025, representing a 0.73 percent increase from the 226,959 meters recorded in the second quarter. According to the commission’s third-quarter report posted on its website on Tuesday, 176,302 meters or 77.12 ...
The Nigerian Electricity Management Services Agency (NEMSA) has announced the successful completion of the tenure of its Managing Director and Chief Executive Officer, Engr. Aliyu Tukur Tahir, effective December 31, 2025. Following the expiration of his term, Engr. Tahir has handed over the affairs of the agency to the Executive Director, Corporate Services, Dr. Utsu ...
A fire outbreak on Monday at the Abule Egba pipeline corridor in Lagos caused panic among residents and commuters before emergency responders brought the situation under control. The incident occurred at the Katangowa axis of the pipeline corridor when foams stored at the facility caught fire, sending thick smoke and flames into the air and ...
President Bola Ahmed Tinubu has formally requested the Senate to confirm 21 nominees for the governing boards of the nation’s two primary petroleum regulators: the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In two separate letters addressed to the Senate on Monday, President Tinubu nominated Senator ...
...says it produced 50m litres daily Dangote Petroleum Refinery has rejected reports claiming that the facility is shutting down for maintenance, describing the allegations as false and misleading. In a statement released on Monday, the management emphasised that production remains ongoing, stable, and uninterrupted. "Dangote Petroleum Refinery continues to operate at scale and retains the ...
Global oil markets trended downward in early Monday trading, weighed down by a surplus of supply and persistent demand concerns. These economic factors are currently overshadowing significant geopolitical developments, including high-stakes friction within OPEC+ and the dramatic U.S. military intervention in Venezuela. Despite a brief attempted rally, prices faced resistance due to robust global inventories. ...
The year 2025 will go down in history as a definitive period of restructuring for Nigeria’s oil and gas industry. It was the year the long-anticipated shift from International Oil Companies (IOCs) to indigenous independents fully crystallized, with major divestments concluding and strategic partnerships forming to secure the nation’s energy future. While the previous year ...
The Pipeline Professionals Association of Nigeria (PLAN) has called for stronger policies, improved funding, skills development and deeper host community partnerships to safeguard and expand Nigeria’s pipeline infrastructure. The President of PLAN, Ms. Ngozi Adeleke, made the call in a communiqué issued on Friday in Abuja, following resolutions reached at the 9th Nigeria International Pipeline ...
The Centre for the Promotion of Private Enterprise (CPPE) has charged the newly appointed leadership of Nigeria’s petroleum regulatory agencies to urgently dismantle the barriers hindering domestic refining and aggressively drive crude oil production to a minimum of two million barrels per day (mbpd). In a statement released to set the tone for the industry’s ...
