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By Olakunle Oke A coalition of civil society organizations has called on the Nigerian Senate to immediately confirm the nomination of Engr. Abdullahi Garba Ramat as Chairman of the National Electricity Regulatory Commission (NERC), describing the prolonged delay as “unnecessary, inexplicable, and unjustifiable.” At a press conference held on Monday, November 10, 2025, at Imo ...
Seplat Energy PLC has achieved the ISO 45001:2018 certification in line with its strides towards operational excellence and employee wellbeing. The certification was officially presented to the company at its headquarters in Lagos by officials of Bureau Veritas (VS).Seplat Energy’s journey to ISO 45001:2018 certification has been one of collaboration, commitment, and continuous improvement. From conducting ...
By Olakunle Oke Nigeria has taken a major step toward achieving a sustainable and low-carbon energy future with the signing of a €21 million technical cooperation agreement with the Government of Germany. The pact, formalized through a Joint Declaration of Intent on Bilateral Energy Transition Dialogue and Cooperation, aims to strengthen Nigeria’s capacity to expand ...
...as active oil rigs rise to 69 in four years By Olakunle Oke The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has been awarded a Professional Doctorate in Leadership (Energy Law) by the International Business School of Scandinavia. Komolafe who was honoured over the weekend also received the Global Sustainable Leadership ...
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called on African nations to make local content policies the cornerstone of their energy future. The NCDMB ES made the call at the 4th edition of the African Petroleum Producers Organisation (APPO) Conference and Exhibition on Local Content ...
By Olakunle Oke The Major Energies Marketers Association of Nigeria (MEMAN) has kicked against the 15% fuel import tariff, calling on the Federal Government instead to prioritize transparency and clarity in the implementation of its policies. The Chief Executive Officer of the Major Energies Marketers Association of Nigeria (MEMAN) Clement Isong made this known during a webinar presentation on ...
By Olakunle Oke The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has expressed optimism that Nigeria’s crude oil output will soon receive a major boost following the deployment of the EMEM Floating Production Storage and Offloading (FPSO) vessel. Komolafe made this known while on inspection of the EMEM Floating Production Storage ...
By Olakunle Oke Power-generating companies have lost an estimated ₦2.31 trillion between 2013 and September 2025 due to electricity power available for generation but left unused as a result of grid and operational challenges, fresh data released by the Association of Power Generation Companies (APGC) has revealed. According to the data, the sector continues to ...
By Olakunle Oke Nigeria’s Bonny Light crude has climbed sharply to $78.62 per barrel, outperforming major global benchmarks such as Brent and West Texas Intermediate (WTI). The country’s premium crude grade had ended the previous trading session at $66 per barrel, slightly higher than the day before. However, as of the latest trading update, Bonny ...
By Olakunle Oke The Kano State Government has initiated plans to acquire majority shares in the Kano Electricity Distribution Company (KEDCO) In a statement signed by Sunusi Bature Dawakin Tofa, Spokesperson to Governor Abba Kabir Yusuf, the government said the move would give the state a stronger role in electricity generation, transmission, and distribution. This, ...
By Olakunle Oke The rapid growth of artificial intelligence and the surge in data center construction have pushed global energy investment requirements to an estimated $4 trillion per year, Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chief Executive of the Abu Dhabi National Oil Company (ADNOC) has disclosed. Speaking at the ...
By Olakunle Oke Nestoil Group has assured stakeholders that the company remains financially strong and operationally stable. The company’s reassurance comes amidst recent media reports regarding the enforcement actions and the status of its corporate assets for debts owed. In a statement issued by its Corporate Communications Department, the company acknowledged awareness of the reports and confirmed ...
Heirs Energies Limited have emerged winners of the News Direct "Energy Company of the Year'" award. The honors will be officially conferred on November 28, 2025, during the 15th Anniversary and Awards ceremony of News Direct scheduled to hold in Lagos. The awards is a recognition of their exceptional leadership, innovation, and transformative impact on Nigeria’s energy landscape. In ...
By Olakunle Oke The Major Energy Marketers Association of Nigeria (MEMAN) has said that the removal of fuel subsidy has ushered in full deregulation of Nigeria’s downstream sector, creating new opportunities for innovation, investment, and digital transformation. Chairman of MEMAN, Mr. Huub Stokman, stated this during a panel session titled “Navigating the New Frontier: Competition ...
By Olakunle Oke The Federal Government has disclosed that over 80% of Nigeria’s current power generation capacity will be met by the agreements signed at the 2025 Nigerian Renewable Energy Innovation Forum. Minister of Power, Adebayo Adelabu Adelabu stated that the agreements would add nearly four gigawatts of solar manufacturing capacity annually. Speaking at the 2025 Nigerian Energy Forum ...
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has congratulated the Honorable Minister of State, Petroleum Resources (Gas) and Co-Chairman of the NCDMB Governing Council, Rt. Hon. Ekperikpe Ekpo on his recent emergence as President of the Gas Exporting Countries Forum (GECF). Engr. Ogbe described the Minister’s ...
...calls for establishment of taskforce within NMDPRA The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has issued a serious call to the government to urgently address the nation’s aging pipelines, inefficient ports, and extensive infrastructure gaps, warning that these failures could undermine the historic impact of new refining capacities like the Dangote Refinery. ...
Seplat Energy Plc, a leading Nigerian independent energy company, has concluded its 2025 Annual Media Training Program in Abuja. The initiative, which trained a total of 50 journalists from the Federal Capital Territory, underscores the company’s commitment to fostering media excellence, building entrepreneurship acumen, and promoting the economic well-being and career sustainability of media professionals. ...
By Olakunle Oke Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) President Dr. Billy Gillis-Harry has emphasized the importance of transparency, competition, and collaboration in driving growth and efficiency within Nigeria’s downstream energy industry. Speaking at the OTL conference Dr. Billy, described the downstream sector as being at the centre of a “seismic shift” driven ...
By Kunle Odusola-Stevenson A remarkable alignment is taking shape within Nigeria’s gas industry — one that carries the promise to redefine not just the country’s energy future, but its global stature. The recent appointments of Rt. Hon. Ekperikpe Ekpo, Dr. Philip Mshelbila, Mr. Bayo Ojulari, and Mr. Akachukwu Nwokedi represent a rare confluence of leadership ...
By Seun ibiyemi The Federal Government has constituted a committee to address the payment of N4 trillion outstanding debts owed to Power Generation Companies (GenCos) and to establish sustainable payment mechanisms to prevent future accumulation. The Permanent Secretary, Ministry of Power, Mr Mahmuda Mamman disclosed this on Monday in Abuja at the 10th Anniversary celebration ...
By Olakunle Oke The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has commended the Nigerian Content Development and Monitoring Board (NCDMB) for its continued investment in human capacity development across the Niger Delta region. Ekpo made the remarks during an unscheduled visit to a training centre in Uyo, Akwa Ibom State, where ...
By Olakunle Oke Senator Heineken Lokpobiri, the Honourable Minister of State for Petroleum Resources (Oil), has strongly urged Nigeria and other African nations to ramp up investments in oil and gas, maintaining that hydrocarbons remain crucial for global energy stability despite the pressure for a shift to net-zero emissions. Speaking at the OTL Africa Downstream ...
