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Nigeria's power sector recorded a total available generation of 5,403.3MW on Tuesday, September 22, 2026, according to the Daily Load Allocation Table released by the National Control Centre (NCC) in Osogbo. Out of this total generation, 4,379.07MW was successfully delivered to various electricity distribution companies (DisCos) across the country. The figures reveal that Abuja DisCo ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has threatened to revoke the licenses of petrol stations under-dispensing products to motorists. The Authority, in a directive to retail outlet operators, said it had observed incidents of under-dispensing of petroleum products at filling stations across the country. It described the practice as a serious breach ...
President of Dangote Group, Aliko Dangote, has disclosed plans to invest more than $10 billion in Africa’s power sector over the next three to four years, saying reliable electricity is essential to the continent’s economic growth and industrialisation. Dangote made the disclosure in an interview with Al Jazeera published on Monday, September 21, 2026, where ...
Nigeria is still keeping imported petrol in its supply chain despite the sharp increase in domestic refining, with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) approving 830,000 metric tonnes of Premium Motor Spirit (PMS) imports for the fourth quarter of 2026. The approval, issued on September 18, covers six oil marketing companies comprising ...
The Republic of Congo is seeking to strengthen its local content framework to create greater opportunities for indigenous companies and ensure that its oil and gas resources deliver more benefits to its citizens. Congo’s Minister of Hydrocarbons, H.E. Stève Simplice Onanga, said the country was looking to Nigeria’s experience in developing local capacity as it ...
The Minister of Power, Mr Joseph Tegbe, has assured Nigerians that the Federal Government has no immediate plan to increase the electricity tariff. Tegbe gave the assurance in Abuja on Monday while briefing Power Correspondents on his 100 days in office. According to him, the focus of the administration of President Bola Tinubu is to ...
Edible oil tanker drivers have threatened to withdraw their services from Tuesday, September 22, over an alleged interference in their operations by the Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). The National Union of Edible Oil Tanker Drivers of Nigeria (NUEOTDN) said it would commence the ...
Africa Gas Transport Company Limited (AfricaGTC), backed by Dutch clean-energy company, Energy Ventures B.V., is set to harness flared gas in Nigeria, which has long posed environmental and economic challenges, into a useful resource. AfricaGTC is the Nigerian subsidiary of Energy Ventures, established to develop the FlareOut® project in Nigeria and drive local partnerships for ...
The Transmission Company of Nigeria (TCN) is repairing four transmission towers vandalised along the Afam/IPP–Elelenwo 132kV Double-Circuit Transmission Line in Rivers State, in what the company described as the fifth vandalism attack on the line in recent times. The affected towers, T50, T51, T52 and T53, were discovered to have been vandalised on August 6, ...
The Niger Delta Power Holding Company (NDPHC) and the Akwa Ibom State Government are working to resolve outstanding community issues that have stalled the completion of a 330kV transmission line along the Ikot Ekpene–Ikot Abasi axis of the state for about two decades. The intervention is expected to clear the way for the contractor to ...
The Vice President, Oil and Gas, Dangote Industries Limited, Mr. Edwin Devakumar, has assured prospective investors that the ongoing Initial Public Offering (IPO) of the Dangote Petroleum Refinery presents a rare opportunity to participate in one of Africa’s most strategic and transformative industrial enterprises, adding that investors stand to enjoy significant value appreciation and attractive ...
The Transmission Company of Nigeria (TCN) says it is currently rehabilitating four vandalised towers on the Afam-IPP-Elelenwo 132 Kilo Volt (KV) Double-Circuit line in Rivers. The management of the company made this known in a statement in Abuja on Monday. TCN said the incident was discovered on Aug. 6, by the company’s lines engineers from ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that it lacks the authority to determine the pump price of petrol, moving to clear the air following the recent increase in Premium Motor Spirit (PMS) prices. The Authority explained that the Petroleum Industry Act 2021 dictates that wholesale and retail prices of petroleum ...
Pesident Bola Ahmed Tinubu has revealed that his administration has converted more than 120,000 vehicles to Compressed Natural Gas (CNG) as part of efforts to develop a CNG transportation ecosystem across Nigeria. Tinubu disclosed this in a statement on Saturday, noting that the government has deliberately invested in CNG transportation infrastructure over the last three ...
The Management of Jos Electricity Distribution Company (JEDC) Plc has condemned the alleged invasion of its Bauchi State Head Office by personnel of the Nigerian Air Force (NAF) following the disconnection of electricity supply to the NAF residential quarters over outstanding bills. The company, in a statement issued on Friday, said the incident occurred at ...
Dangote Industries Ltd. says it plans to develop a 600km offshore gas-gathering pipeline as its refinery and fertiliser complex generates more than 650 megawatts (MW) of electricity. Mr Devakumar Edwin, Group Vice President, Oil and Gas and Fertiliser, Dangote Industries Ltd., disclosed this during a tour of the Dangote Petroleum Refinery in Lagos on Friday. ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act (PIA) 2021. To this end, the Commission is urging holders of non-performing licenses from the 2020 Marginal Field Bid Round, 2022/2023 Mini Bid Round and 2024 Licensing Round to meet their statutory work commitments or risk ...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to restart the Port Harcourt and Warri refineries amid rising petroleum product prices. PETROAN’s National Public Relations Officer, Dr Joseph Obele, made the call in a statement on Thursday, saying the ...
The Federal Government has completed the payment of ₦18.96 billion in Back-End Computation (BEC) arrears to eligible pensioners of the defunct Power Holding Company of Nigeria (PHCN) under the Defined Benefit Scheme (DBS), bringing the outstanding liability covered by the exercise to a close. The Minister of Finance and Coordinating Minister of the Economy, Taiwo ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set a target of unlocking up to $10 billion in additional investment in Nigeria’s gas sector through the Midstream and Downstream Gas Infrastructure Fund (MDGIF). The NMDPRA Chief Executive Officer, Rabiu Abdullahi Umar, disclosed this on Wednesday during a panel session at the 2026 Gastech ...
Nigeria has secured a major legal victory against Sunrise Power and Transmission Company Limited after the International Chamber of Commerce (ICC) arbitration tribunal in Paris dismissed the firm’s $2.35 billion claim over the Mambilla Hydroelectric Power Project. In a unanimous decision signed by a three-member panel, the tribunal rejected Sunrise Power’s demand for a declaration ...
Nigeria LNG Limited (NLNG) has said methane reduction measures are being built into the design of its $10 billion Train 7 project as the company moves to raise its liquefied natural gas production capacity from 22 million tonnes per annum (mtpa) to 30mtpa. The Managing Director and Chief Executive Officer of NLNG, Adeleye Falade, disclosed ...
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has stated that the removal of the petrol subsidy prevented Nigeria from suffering an economic collapse similar to that of Venezuela. Lokpobiri made the assertion while speaking at the national summit of the Former Presiding Officers of State Houses of Assembly in Nigeria (FOPSHAN ...
