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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 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 ...
By Olakunle Oke The Niger Delta Power Holding Company (NDPHC) has paid an on-the-spot assessment of routine maintenance activities at the 430 megawatt Geregu Power Plant in Kogi State. Speaking during the visit, Managing Director and Chief Executive Officer of NDPHC, Engr. Jennifer Adighije said, "We are here to offer full support to the Siemens team, who are ...
By Olakunle Oke Partd of Maiduguri, the Borno State capital, as well as Damaturu in Yobe State and surrounding communities are experiencing a partial blackout as the Transmission Company of Nigeria (TCN) reported the vandalism of one of its towers, identified as Tower T347, along the Gombe Damaturu 330kV transmission line. According to a statement issued by ...
...aims to surpass India’s Jamnagar Refinery, achieve $55bn revenue By Olakunle Oke President of Dangote Industries Limited, Aliko Dangote, has given reasons why the Dangote Petroleum Refinery aims to double its refining capacity by 2028. Speaking at a press conference in Lagos on Sunday, the President of Dangote Group, Aliko Dangote, said the expansion reflects confidence in ...
In a significant stride toward deepening economic ties between Nigeria and Norway, Africa’s Global Bank, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba Akran ...
The Federal Government has introduced the Nigerian Gas Vehicle Monitoring System (NGVMS), a new digital framework designed to regulate the conversion of vehicles to Compressed Natural Gas (CNG) and ensure safety, transparency, and environmental compliance across the sector. The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, unveiled the system on Thursday ...
The Ogun State Government has finalized a major partnership aimed at accelerating Nigeria’s transition to clean energy, announcing the signing of a Memorandum of Understanding (MoU) for the development of a 500-Megawatt (MW) Solar Photovoltaic (PV) Manufacturing Plant. The state government, represented by Governor Prince Dapo Abiodun, entered the tripartite agreement with the Rural Electrification ...
By Olakunle Oke Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, in partnership with Sunlink Energies and Resources Limited, has reached a final investment decision (FID) on the HI Gas Project located offshore Nigeria. The project, upon completion, is expected to deliver 350 million standard cubic feet of gas per ...
By Olakunle Oke The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to driving decarbonisation in the country’s oil and gas sector through a strategic partnership with the World Bank Group and other multilateral organisations. The collaboration aims to enhance the capacity of industry operators in methane abatement and emissions management as part ...
By Olakunle Oke The Federal Government has announced plans to formalise over $400 million in new renewable energy investments within the next two days. Vice President Kashim Shettima made the disclosure on Tuesday at the inaugural Nigerian Renewable Energy Innovation Forum 2025 held in Abuja. Speaking, he said the move is part of ongoing efforts ...
The Nigerian Content Development and Monitoring Board (NCDMB) recently hosted a Stakeholders Sensitization and Engagement Forum in Port Harcourt to clarify regulatory processes and highlight funding opportunities for indigenous oil and gas companies, community contractors, and vendors. The event, held on Wednesday, focused on several key areas, including clarifying the process for issuing the Nigerian ...
