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Industries and commercial enterprises within the Idu industrial zone of Abuja are poised to enjoy uninterrupted electricity in the nearest future following the ground-breaking ceremony for a 50-megawatt electrification project. The initiative is a collaborative venture between Welbeck Electricity Distribution Limited, the Abuja Electricity Distribution Company (AEDC), and Shell Gas Limited, designed to provide reliable ...
The Transmission Company of Nigeria (TCN) has announced that it will carry out an annual preventive maintenance at its Bida 132/33 Kilo Volt (KV) Transmission Substation in Niger on Wednesday from 8:00 a.m. to 1:00 p.m. The management of the company made this known on its X handle in Abuja on Wednesday. According to the ...
...unveils plan to launch National power call centre The Federal Government of Nigeria has commissioned a three-megawatt mini-grid project and a Renewable Energy Workshop and Training Centre at Yakubu Gowon University (formerly University of Abuja) on Wednesday. The project was commissioned under Phase 2 of the Energizing Education Programme (EEP), which encompasses seven universities and ...
By Ifeanyichukwu Zita Precious The Harvard Business School Association of Nigeria (HBSAN) has advocated the integration of Nigeria’s oil, gas, and power sectors as a strategy for driving economic growth, increasing domestic value creation, and achieving national transformation. The association made this known at a press conference in Lagos ahead of its Oil & Gas ...
President of Dangote Industries Limited, Aliko Dangote, has said petrol is still being smuggled from Nigeria into neighbouring countries despite the recent increase in the domestic price of the product. Dangote said the price difference between Nigeria and neighbouring countries continues to make cross-border smuggling profitable. He spoke in an interview with Arise News on ...
The Nigerian Independent System Operator (NISO) has commenced the second phase of its capacity development programme for system operators as part of efforts to strengthen the safe and reliable operation of Nigeria’s national electricity grid. The programme is focused on improving the technical competence and operational readiness of personnel responsible for managing the grid in ...
Bonny and Forcados terminals accounted for a combined average production of more than 637,000 barrels per day in August, emerging as Nigeria’s two largest producing streams during the month, according to the latest review by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Bonny Terminal recorded the highest average production at 320,040 barrels per day, while ...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has set a target to raise Nigeria’s national gas production to 10 billion standard cubic feet per day (Bcf/d) by 2027 and 12 Bcf/d by 2030 as it pushes to position the country as a global gas hub. NNPC’s Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye, disclosed this on Monday at the 2026 Gas Technology & ...
...as Oyedele calls for improved revenue assurance The Federal Government has successfully raised approximately ₦728.9 billion through the Series 2 issuance under its ₦4 trillion Power Sector Multi-Instrument Issuance Programme, pushing total mobilization under the debt reduction initiative past the ₦1.1 trillion mark. The latest transaction comprises ₦402 billion in cash bonds secured from the capital market alongside ₦326.979 billion in ...
Dr Ayuba Wabba, immediate past President of the Nigeria Labour Congress (NLC), has urged the Federal Government to establish Compressed Natural Gas (CNG) stations in all 774 Local Government Areas (LGAs) of the country. Wabba made the call in an interview with newsmen in Lagos on Monday, saying the move would help cushion the impact ...
The National Orientation Agency (NOA), Kebbi Directorate, has urged Nigerians and the people of the state to remain calm over the dynamic price adjustments of Premium Motor Spirit (PMS). The agency also appealed to residents to allow the Federal and Kebbi Governments to continue to implement various social interventions. The NOA Director in Kebbi, Muhammed ...
Nigeria and Murdoch University, Western Australia, have reaffirmed their commitment to deepening knowledge transfer and professional capacity building in Nigeria’s solid minerals sector. The development followed strategic discussions held between the university’s management and Nigerian delegation to Africa Down Under (ADU) conference. The delegation was led by Nigeria’s Minister of Solid Minerals Development, Dr Dele ...
Heirs Energies has resumed gas supply to the 188-megawatt Geometric Power Plant in Aba, Abia State, after completing turnaround maintenance at its associated gas gathering facilities in Agbada, Rivers State. The development is expected to support the restoration of electricity supply across the Aba Power ring-fenced area, where recent gas shortages had disrupted power generation ...
Sahara Group has appointed Chidilim Menakaya as its new Managing Director. Menakaya, a transformation and strategy executive with more than two decades of experience across Africa, Asia, Europe and the Middle East, previously served as Director of the Sahara Foundation, where she led the company’s sustainability and social impact agenda. During her tenure at the ...
The Minister of Power, Joseph Tegbe has secured a commitment from leading Chinese equipment manufacturer TBEA to establish a power and energy equipment industrial park in Nigeria. The commitment was made during a high-level meeting at TBEA's Beijing headquarters, part of a working visit to engage original equipment manufacturers and technical partners of the Presidential ...
Nigeria’s crude oil production rose marginally in August to 1.5 million barrels per day, enabling the country to meet its OPEC quota for the fourth consecutive month, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The country produced an average of 1,500,190 barrels of crude oil per day in August, excluding condensates, ...
A disaster was averted on Airport Road, Abuja, on Friday morning after an uncertified gas cylinder exploded inside a Toyota Camry during a refuelling session at the Nipco Gas Filling Station. The incident, which occurred at approximately 10:30 a.m., was triggered when an additional, spurious cylinder fitted to the vehicle ruptured shortly after dispensing began. ...
The Centre for the Promotion of Private Enterprise (CPPE) has warned that restoring a universal petrol subsidy could expose Nigeria to an estimated ₦19.16 trillion in annual fiscal costs, urging the Federal Government to maintain downstream petroleum sector reforms and focus instead on targeted relief for households and businesses. The CPPE, in a policy brief ...
Many filling stations across the Federal Capital Territory (FCT) have continued to increase the pump price of Premium Motor Spirit (PMS), popularly known as petrol. The latest adjustment followed an N85 increase in Dangote Petroleum Refinery’s gantry price, from N1,265 to N1,350 per litre, amid a surge in global crude oil prices. This represents a ...
Mr Dayo Olowoniyi, Technical Lead for Mission 300 in Nigeria, says distributed solar is critical to reaching the more than 70 million Nigerians who currently have no electricity. Olowoniyi said this at a renewable energy product launch organised by Sun King on Friday night at the Lagos Marriott Hotel, Ikeja. Olowoniyi said Nigeria recorded over ...
The Dangote Petroleum Refinery and Petrochemicals has disclosed its intent to list on the United States stock exchange after completing its planned expansion to 1.4 million barrels per day, President of the Dangote Group, Aliko Dangote has revealed. Dangote disclosed this in an interview with CNN, saying the US listing would come after the refinery ...
Global crude oil prices climbed above $100 per barrel on Thursday as renewed attacks on shipping in the Middle East heightened fears of further disruption to global oil supplies. Brent crude, Nigeria’s key export benchmark, rose as much as 5.8 per cent to $107.08 per barrel, while US West Texas Intermediate (WTI) gained 5.8 per ...
Mr Devakumar Edwin, Group Vice President, Oil and Gas, Dangote Group, has called for cargo-backed financing to strengthen Nigeria’s shipping industry. Edwin made the call at the Nigeria Chamber of Shipping’s 2026 Members’ Evening in Lagos on Thursday. The event had the theme: ‘A Public-Private Dialogue: Unlocking Efficiency in the Marine and Blue Economy Value ...
