Nigeria is set to secure more Final Investment Decisions (FIDs) in 2025 to reinforce investors’ confidence in 2025, according to Olu Verheijen, special adviser on energy to President Bola Tinubu. Speaking at the Nigeria International Energy Summit (NIES) 2025, Verheijen…
The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has raised concerns about a shortage of skilled manpower in Nigeria’s oil sector due to migration and retirements. She noted that over the past decade, the country has struggled…
…Spends N200bn on electricity subsidy monthly By Austine Agbo Emmanuel, Kaduna The Federal Government has dismissed reports suggesting an imminent 65% increase in electricity tariffs, clarifying that the current tariff structure only covers about 65% of the actual cost of…
The Special Adviser to the President on Energy, Olu Verheijen has berated the over $82 billion investments made by IOCs in other African countries snubbing Nigeria. Speaking at the ongoing African Energy Week in Cape Town, South Africa, Verheijen urged…
The Federal Government says it has committed more than $75 million to the development of Compressed Natural Gas (CNG) infrastructure, an initiative in promoting cleaner energy nationwide. The Special Adviser to President Bola Tinubu on Energy, Mrs Olu Verheijen said…
By Seun Ibiyemi The Nigerian government is aiming to attract $5 to $10 billion in near-term investments for deep-water offshore operations through the recently introduced tax incentives in the oil and gas sector. This announcement was made on Thursday by…
Olu Verheijen, the Special Adviser to the President on Energy, said on Wednesday that the development of gas was a priority for the President Bola Tinubu administration. According to NAN, Verheijen said this at the opening of the “Decade of…
