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Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has described gas-to-methanol projects as a new frontier for Nigeria's economic prosperity, highlighting their vast potential to drive growth and development in the country. Speaking at the Niger Delta Oil and Gas Investment and Security Summit with the theme “The Decade of Gas and Investment ...
Imo State Governor and Chairman of the Crude Oil Theft and Management Committee, Hope Uzodimma, has announced that the committee is working closely with the Nigerian National Petroleum Company Limited (NNPCL) to raise Nigeria’s crude oil output to three million barrels per day, in line with the target set by President Bola Tinubu. Uzodimma disclosed ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recognised three petroleum marketers in Adamawa State for their consistent adherence to regulations on accurate fuel dispensing. The awards were presented by the NMDPRA State Coordinator, Bashir Kafur, during the agency’s 3rd Quarter Stakeholders’ Engagement Meeting held last Friday in Yola. Kafur explained that the ...
By Olakunle Oke Nigeria has reached a major milestone in its energy sector as gas flaring dropped to 7.16 per cent in July 2025, even as daily production climbed to 7.59 billion standard cubic feet per day (BSCFD). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the figures in a statement on Saturday, describing the ...
...As NBET validates ₦1.8trn debt claims ...Nigeria attracts over $2bn investment in power sector — Adelabu On Friday, President Bola Tinubu met executives of Power Generation Companies in the country to resolve the lingering N4 trillion debt. The President met with the GENCOs under the aegis of the Association of Power Generation Companies, led by ...
Dangote Petroleum Refinery’s new fuel distribution programme, supported by an investment of more than N720 billion, is set to reshape the downstream logistics landscape. The initiative is projected to save Nigerians upwards of N1.7 trillion each year by eliminating transportation costs and delivering petroleum products directly across the country. This ambitious effort will see the ...
…Warns against investor scare tactics The President of the League of Civil Society Groups, Mohammed Basah, has commended the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for demonstrating what he described as “world-class regulatory competence” in managing the country’s petroleum industry following the removal of fuel subsidies. Speaking during a media briefing in Abuja, ...
By Matthew Denis The Group Chief Executive Officer of Oilserv Limited, Dr. Emeka Okwuosa, has announced that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project is designed to transport natural gas to Northern Nigeria, marking a critical step in the nation’s energy infrastructure development. Speaking during a media chat with journalists in Abuja on Sunday, Dr. Okwuosa ...
The Transmission Company of Nigeria (TCN) says it has energised two newly installed power transformers at its 330/132/33 Kilo Volt (KV) Birnin Kebbi Transmission Substation in Kebbi. TCN made this known in a statement on its website in Abuja on Sunday by Mrs Ndidi Mbah, it’s General Manager Public Affairs. Mbah said that the 100 ...
The United Nations Economic Commission for Africa (ECA), has called on African countries to embrace nuclear energy as a strategic solution to the continent’s deepening energy crisis. In a statement over the weekend, Executive Secretary of ECA, Claver Gatete, said that it was unacceptable that over 600 million Africans still lacked access to electricity. Gatete ...
Oilserv Limited, the contractor handling the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, says the pipeline has successfully crossed the River Niger, using the Horizontal Directional Drilling special technique, minimising environmental impact. The Group Chief Executive Officer, Oilserv Limited, Dr Emeka Okwuosa said this over the weekend in Abuja during a chat with newsmen. While confirming the development, ...
The Nigerian Railway Corporation (NRC), Moniya Station, Ibadan, says it has been operating successfully on cheaper alternative power supplies since its disconnection from the national grid in September. NRC District Manager (West), Angelique Ikwuka, told the News Agency of Nigeria (NAN) in Ibadan on Saturday that the disconnection was due to unpaid controversial electricity bills ...
The Minister of Solid Minerals Development, Dele Alake, has disclosed that revenue generated from the solid minerals sector has risen significantly from ₦6 billion to ₦38 billion annually, attributing the increase to ongoing reforms and targeted policies. Speaking during a stakeholders’ meeting held as part of President Bola Tinubu’s one-day working visit to Nasarawa State, ...
The Abuja Electricity Distribution Company (AEDC) has announced a wide-ranging transformation initiative aimed at revitalising its operations and enhancing customer satisfaction across its coverage areas. Speaking during a stakeholder engagement in Minna, Niger State, AEDC’s Managing Director and Chief Executive Officer, Mr Chijioke Okwuokenye, said the company’s strategy is focused on improving network reliability, educating ...
The Kano Electricity Distribution Company (KEDCO) is set to formally commission a ₦1.1 billion power infrastructure project designed to supply uninterrupted electricity to the Dawanau International Grain Market, recognised as the largest grain hub in Africa. Following successful testing, the project is expected to significantly ease the chronic electricity shortages that have long plagued the ...
The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory oversight of Abia State’s electricity market to the Abia State Electricity Regulatory Authority (ASERA), marking another step in the decentralisation of Nigeria’s power sector. The announcement was made via a statement published on NERC’s official X (formerly Twitter) account on Wednesday. The transfer follows provisions ...
Nigeria’s Minister of Power, Chief Adebayo Adelabu, has reaffirmed the country’s commitment to a robust policy-driven approach to energy transition, stating that no transformation in the sector can succeed without a clear, coherent regulatory framework. Speaking at the 2025 Africa Energy Forum in Cape Town, South Africa, Adelabu presented Nigeria’s recently approved National Integrated Electricity ...
Heirs Energies Limited and Renaissance Africa Energy Company have reaffirmed their shared commitment to advancing Nigeria’s oil and gas sector through strategic collaboration rooted in indigenous leadership and innovation. The pledge was made during a visit by Heirs Energies CEO, Osa Igiehon, to the leadership team of Renaissance Africa, led by Managing Director Tony Attah. ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the commencement of licensing for lubricant importation in a move aimed at curbing the influx of substandard and counterfeit lubricants into the Nigerian market. Authority Chief Executive, Mr Farouk Ahmed, disclosed this on Wednesday in Abuja during a stakeholders’ workshop on the regulatory requirements ...
The Federal Government is considering strategic interventions to address power tariff challenges affecting gas supply and payment structures at key NNPC-led thermal power plants. This development emerged during a high-level meeting at NNPC Towers in Abuja between Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo; Minister of Finance and Coordinating Minister of ...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has retracted its earlier assertion that members were lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Port Harcourt Refining Company operated by the Nigerian National Petroleum Company Limited (NNPC Ltd.). This latest admission raises questions about the association’s February 2024 claim, which ...
MRS Oil Nigeria Plc, a major distributor of petroleum products from the Dangote Refinery, has announced a nationwide increase in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, with prices now reaching up to N955 per litre in some regions. The company disclosed the revised pricing via its official X (formerly ...
