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The Minister of Power, Adebayo Adelabu, had said that Nigeria’s drive for industrialisation and economic growth will remain unattainable without reliable and affordable electricity to power the country’s industrial clusters. Speaking at the Industrial Revolution Work-Group Premier Ministerial Roundtable on Energy, Security and Industrial Infrastructure on Wednesday in Abuja, Adelabu said a vibrant industrial sector ...
By Seun Ibiyemi The NNPC/Heirs Energies OML 17 Joint Venture has taken a decisive step toward eliminating routine gas flaring and advancing Nigeria’s energy transition goals with the signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks. The agreements were formalized at a ceremony in Lagos ...
The Nigerian National Petroleum Company Exploration and Petroleum limited (NNPC E&P), the upstream subsidiary of NNPC Limited, has achieved a record production level of 355,000 barrels of oil per day, its highest daily output since 1989. The NNPCL, in a statement issued to journalists on Tuesday said the increased production was achieved on December 1st ...
The Miners Association of Nigeria (MAN) has said banning of mining activities in the country is not the solution to security challenges in the country. The association made this known in a statement jointly signed by its National President, Dele Ayankale and its National Secretary, Sulaiman Liman on Monday in Abuja. Recalls that the Northern ...
The Transmission Company of Nigeria (TCN) says vandalism of its transmission facilities by hoodlums is a major obstacle it faces nationwide, calling for proactive steps to curb the threat. TCN Regional Head of Operations for the Southwest, Adesina Adeonipekun said this during a sensitisation and awareness programme on safety and protection of the company’s facilities on ...
The Niger Delta Power Holding Company (NDPHC) has successfully restored additional 450 Megawatts (MW) of generation capacity to the national grid. The Head, Corporate Communications and External Relations, NDPHC, Mr Emmanuel Ojor made this known in a statement in Abuja on Monday. According to him, the restoration of the additional megawatts followed the completion of scheduled ...
The African Petroleum Regulators Forum (AFRIPERF) has elected Nigeria's Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, as chairman of the Forum. This is as the forum also unanimously adopted Nigeria as its official headquarters. The decision was announced at the inaugural executive committee meeting of the Forum which took ...
The Nigerian Content Development and Monitoring Board (NCDMB) has clinched the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency Champion Award for the fourth consecutive year, emerging as the top-ranking agency in Ease of Doing Business for 2022, 2023, 2024, and 2025. The award was presented on December 2, 2025, at the State House, ...
The National Economic Council (NEC) has approved the release of N100 billion for the comprehensive rehabilitation of training institutions for the police and other security agencies across Nigeria. The approval, which is subject to final ratification by President Bola Tinubu, was part of the major resolutions reached at the 154th NEC meeting held virtually on ...
The Federal Government has renewed its aggressive push for energy sufficiency, with the Ministry of Petroleum Resources declaring a unified front to secure investments and scale production across both oil and gas sectors at the 14th Practical Nigerian Content (PNC) Forum. Setting the tone for the gas sector, the Minister of State for Petroleum Resources ...
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) last week won an award for “Promotion of Good health/Wellbeing” at The SERAS Africa Sustainability Awards 2025 in Lagos at the weekend. The recognition came as the latest outreach of the Nigerian National Petroleum Company Limited (NNPC)/SNEPCo Vision First initiative held in Asaba, Delta State November 17 – 22, ...
The Nigerian Content Development and Monitoring Board (NCDMB) has announced a significant surge in in-country value retention, reaching 61 percent, as it moves to further fortify indigenous capacity through a fresh $100 million partnership with the Bank of Industry (BOI). Addressing stakeholders at the 14th Practical Nigerian Content (PNC) Forum in Yenagoa, NCDMB Executive Secretary ...
By Seun Ibiyemi The Federal Government has commenced the 2025 Licensing Round, unveiling 50 new oil and gas blocks in a major push to deepen reserves and attract an estimated $10 billion in foreign and domestic investment. At the official launch on Monday, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that the assets on ...
By Olakunle Oke The Dangote Refinery Plc, Africa’s largest oil refinery and the world’s biggest single-train refining facility and Heirs Energies Limited, described as arguably Africa’s largest indigenous-owned energy company have been honoured for their exemplary strides. The two companies were honoured recently at the 15th anniversary and awards ceremony of NewsDirect held in Lagos recently. Heirs Energies was ...
...vows to export products if Marketers continue dumping ...seeks legislative backing for Nigeria First Policy President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticized the International oil companies (IOCs) in Nigeria for allegedly adopting practices that undermine the profitability of local refineries. Speaking during a visit by the South South Development Commission (SSDC) to the ...
...as Stakeholders unveil $100m funding network By Barth Ndubuwah, Port Harcourt The Secretary to the Government of the Federation (SGF), Senator George Akume; Senate President, Godswill Akpabio; and renowned Pan-Africanist, Prof. PLO Lumumba, have issued a unified call for African nations to aggressively adopt emerging technologies or risk being left behind in the global energy ...
A total of 331 young graduates of diverse academic disciplines on Thursday received certificates and awards after completing a 12-month Human Capital Development Basic Training Program on the Nigeria Liquefied Natural Gas (NLNG) Limited Train 7 Project. The hands-on training, which held on a live LNG Plant at Finima, Bonny Island, base of the NLNG ...
...dedicates award to Nigerians The Managing Director/CEO of the Rural Electrification Agency (REA), Dr Abba Aliyu has been recognized as the Public Sector CEO of the Year at the Nigerian NewsDirect 15th Anniversary and Award Ceremony held in Lagos last night. The prestigious award underscores the Agency’s significant strides in bridging Nigeria’s energy deficit and ...
By Francis Awowole-Browne In what has sent jitters into the market, the announcement of the planned expansion of the Dangote Petroleum Refinery from its current 650,000 barrels per day (bpd) capacity to an unprecedented 1.4 million bpd marks a transformative moment for Nigeria’s economy and a significant development for the global energy landscape. When completed in ...
The fight against cancer in Nigeria has received a significant financial shot in the arm as the NNPC/Renaissance Joint Venture (JV) announced a donation of $300,000 to the National Hospital, Abuja. This substantial intervention is specifically targeted at the maintenance of the hospital’s cancer treatment machine, ensuring that critical care remains accessible to thousands of ...
Minister of Power, Adebayo Adelabu has disclosed that the power sector recorded a inflow of over $2 billion in new investments. The Minister who attributed the growth to the sweeping reforms enabled by the Electricity Act 2023 made this disclosure on Thursday in Lagos while delivering the keynote address at PwC’s Annual Power and Utilities ...
The NNPC/Heirs Energies OML 17 Joint Venture (JV) has achieved a major breakthrough with the innovative, rigless recompletion of a key non-associated gas well in OML 17. This pioneering intervention - the first of its kind in Nigeria - has doubled the JV’s gas output to a peak of 135 million standard cubic feet per ...
The Dangote Group has awarded contracts to Engineers India Limited (EIL), SAIPEM, Topsoe and Thyssenkrupp for the next phase of expansion of its fertiliser operations in Nigeria, as well as the development of new fertiliser plants in Ethiopia. Through these strategic partnerships, Dangote Group will increase its urea production capacity in Nigeria from the current three million metric tons to nine ...
