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The Federal government through the Energy Commission of Nigeria (ECN) has on Friday inaugurated the groundbreaking ceremony of 2-megawatts solar hybrid project worth N3.8 billion at the Aliko Dangote University of Science and Technology (ADUSTECH) Wudil in Kano State. The report states that the project under the flagship of Renewed Hope Solarization project of President ...
By Ejire Folakunmi Nigeria’s power grid just got a lift as the Transmission Company of Nigeria commissioned new high-capacity transmission links, unlocking stronger electricity flow from the Ihovbor axis. The company confirmed that it successfully energised the turn-in-turn-out connections for the Ihovbor/Benin and Ihovbor/Ajaokuta 330kV transmission lines at 19:05 on April 23, 2026, marking a ...
By Fredrick Ameh The Nigerian National Petroleum Company (NNPC) Limited has issued an urgent public disclaimer, warning Nigerians against a fraudulent scheme involving the purported sale of scrap materials and equipment from its refineries. In a statement released on Friday, April 24, 2026, the NNPC’s Chief Corporate Communications Officer, Andy Odeh, clarified that the company ...
Improved production efficiency and optimized energy management have been identified as leading factors that drove BUA Cement PLC ₦354.98 billion gain for the first quarter ended March 31, 2026. This revenue growth represents a 22% increase compared to the ₦290.82 billion recorded in the same period of 2025. The company’s profitability saw even more dramatic ...
By Osordi Ayomide Borno State Governor, Babagana Zulum, has commended President Bola Ahmed Tinubu for approving ₦68 billion in operational support for the Maiduguri Emergency Power Plant (MEPP), describing the intervention as timely and critical to sustaining economic recovery in the state. The approval provides for a monthly disbursement of ₦2 billion from March 2026 ...
…targets 3.7GW as regional energy hub Nigeria is making significant strides in localizing its renewable energy value chain, with installed solar panel manufacturing capacity increasing from 120 megawatts (MW) two years ago to approximately 300MW today, and an additional 3.7 gigawatts (GW) in the pipeline. This positions the country to emerge as a leading renewable ...
By Osordi Ayomide The resignation of Nigeria’s Minister of Power has once again brought the country’s troubled electricity sector into sharp national focus, with industry stakeholders and citizens alike asking a familiar question, what next? Adelabu, who is set to leave office on April 30, formally tendered his resignation to the President after presenting a ...
By Imisioluwa Afunmiso A technical team from Eko Electricity Distribution Company (EKEDC) has called for increased government support for indigenous manufacturers following a facility tour of Coleman Technical Industries Limited in Sagamu, Ogun State. The 5-man delegation was received by the Managing Director of Coleman, George Onafowokan, alongside the company’s Executive Director, Michael Onafowokan, who ...
By Osordi Ayomide The Managing Director of the Rural Electrification Agency (REA) has underscored the importance of integrating renewable energy with emerging technologies. Speaking at the 18th convocation of Ladoke Akintola University of Technology in Osogbo, the REA boss delivered a lecture identifying electricity as a critical global challenge, noting that millions still lack reliable ...
….resigns appointment to contest Oyo elections The Minister of Power, Chief Adebayo Adelabu has urged President Bola Ahmed Tinubu to create the role of a Coordinating Minister for Energy. Citing reasons for the proposal, Adelabu noted that the office will be integral in driving reforms across Nigeria’s power, gas, and related sectors. According to him, ...
By Damilare Adeleye Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting (AGM) virtually on Wednesday, May 20, 2026. During the meeting, shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the Chairman of Heirs Holdings, Tony Elumelu, as a non-executive director. ...
By Damilare Adeleye Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting virtually on Wednesday, May 20, 2026. This was just as shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the chairman of Heirs Holdings, Tony Elumelu, as non-executive director. This ...
Nigeria’s renewable energy sector has entered a new phase of strategic coordination following the signing of a Memorandum of Understanding between the Rural Electrification Agency (REA) and Mente Energy Limited. The agreement formally sets in motion the Renewable Energy Localisation and Industrialisation Programme (RELIP), an initiative designed to deepen local participation in the country’s fast-growing ...
The Transmission Company of Nigeria (TCN) has declared a force majeure has occurred on the Ikeja West–Osogbo 330kV transmission line following a severe rainstorm on Thursday, 16 April 2026. Force majeure, from the French meaning “superior force”, is a clause in contracts that allows a party to be excused from its obligations when an event ...
By Fredrick Ameh Energy ministers and top officials from across West Africa converged in Abuja to advance the strategic development of the West African Gas Pipeline (WAGP), reinforcing its role in regional energy integration and economic growth. The high-level Committee of Ministers meeting included representatives from Nigeria, Benin, Togo, and Ghana, alongside stakeholders from ECOWAS ...
By Ejire Folakunmi Nigeria’s push to strengthen local capacity in the oil and gas sector received a major boost as Shell Nigeria Exploration and Production Company Limited, in partnership with Nigerian National Petroleum Company Limited and Nigerian Content Development and Monitoring Board, commissioned a state-of-the-art Geosciences Centre of Excellence at the University of Lagos. The ...
By Ejire Folakunmi The Managing Director of the Rural Electrification Agency (REA), Dr. Abba Aliyu has been honoured with an Award of Excellence for transparency and efficiency in executing renewable energy projects. Aliyu received the award on Friday in Lagos from the Editorial Board of Energy Times. Explaining the decision, Board Chairman Yakubu Lawal said ...
By Ejire Folakunmi The National Information Technology Development Agency (NITDA) and the Research, Technology and Innovation (RTI) unit of the Nigerian National Petroleum Company Limited (NNPC) have announced plans to strengthen their partnership to drive digital transformation in Nigeria’s energy sector. During a recent strategic engagement, NITDA Director General Kashifu Inuwa urged the NNPC to ...
By Ejire Folakunmi Nigeria’s power sector is facing renewed scrutiny after the National Grid of Nigeria declared that the country recorded no grid collapse between February and April, an announcement that has clashed sharply with the everyday experience of millions of electricity consumers. In a social media update, the grid operator described the three-month stretch ...
By Ariyo Zainab Odu’a Investment Company Limited (OICL) has inked an agreement with Elektron Energy Development Strategies Limited to develop a 50MW gas-fired Independent Power Plant (IPP) in Ogba, Lagos. The project, which will be situated within the former Cocoa Industries Complex in Ikeja, is designed to provide dedicated and reliable electricity to industrial and ...
Seplat Energy Plc has surpassed N10,000 per share in the Nigerian stock market following a fresh rally on Tuesday, marking its highest valuation in 52 weeks. The energy company’s share price rose to N10,450 as buy-side interest drove the transaction of 219,366 units on the local bourse. This latest price movement stands in sharp contrast ...
By Ismail Azeez The Transmission Company of Nigeria (TCN) has declared a scheduled preventive maintenance exercise on the Osogbo–Ife 132/33kV transmission line, which will result in a temporary power outage in parts of Ondo State. In a notice issued on Thursday by the GM, Public Affairs, Ndidi Mbah, the company disclosed that the maintenance will ...
By Fredrick Ameh The Nigeria Liquefied Natural Gas Limited (NLNG) has concluded its 2026 VIBES Pitch-a-Thon programme with the disbursement of ₦250 million in grants to 51 entrepreneurs from its host communities in Rivers State. The initiative, which combines structured capacity-building with direct financial support, is designed to help participants translate business knowledge into practical ...
