NNPC denies Alleged N3.3 Trillion Subsidy Inflated Claims

NNPCL refutes allegations of subsidy padding and claims of N3.3 Trillion in some media, stating the company is not under investigation or probe even as it follows global standards on transparency and accountability.

AGIS 2024 set to revolutionize Africa’s gas industry through innovation, collaboration

The inaugural Africa Gas Innovation Summit (AGIS 2024), a ground-breaking event aimed at reshaping the future of Africa’s gas industry, will hold from June 13-14, 2024, at the NAF Conference Centre in Abuja. With the theme “Igniting the Future: Driving…

Afreximbank disburses $40 million to support Fidelity Bank’s acquisition of Union Bank UK

With this acquisition, Fidelity Bank is able to birth a new pan-African financial institution capable of providing correspondent banking and offshore banking services to banks in Africa   African Export-Import Bank has announced the disbursement of a US$40-million Intra-African Investment…

Nigeria to Dispose Five Power Plants at $1.15 Billion: Set to Announce Bid Winners

In a bid to improve the electric power sector, Nigeria has now reached the final stage of its plan to sell five key power plants at a cost of $1.15 billion, with the bid winners soon to be announced. The…

Minimum Wage: HEDA Urges FG to Prioritize Nigerian Workers’ Welfare, Slams Governors for Rejecting Proposed Wage

The Human and Environmental Development Agenda (HEDA Resource Centre) has urged the Federal Government to prioritize the welfare of Nigerian workers in the ongoing minimum wage negotiations. The current economic realities make the proposed wage of #62,000 by the federal…

Africa: Kaeso Talks Balancing Operational Excellence with Decarbonization Ahead of African Energy Week (AEW) 2024

Global oil demand is projected to grow 10% by 2028 and 16% by 2045. For African service providers, this presents an opportunity to support operational excellence across oil and gas projects while promoting low-carbon solutions. Africa’s premier event – African…

Minister lauds NCDMB, Nedogas strategic partnership

..lists benefits of gas gathering facility Ekperikpe Ekpo, minister of State for Petroleum Resources (Gas), has lauded the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic…

We Must take Proactive Measures to Address Land Degradation  – LASG

… As State Celebrates 2024 World Environment Day Lagos State Government at the weekend reiterated the necessity for all residents to take proactive measures to address land degradation and enhance resilience to drought. The Commissioner for the Environment and Water…

FENRAD / CSDEVNET; WORLD ENVIRONMENT DAY 2024; “The land is ours to restore, and not degrade”

By Comrade Nelson Nnanna Nwafor   As the world marks the World Environment Day on June 5, 2024, the Foundation for Environmental Rights, Advocacy and Development, FENRAD, a human and environmental rights-focused group based in Abia State and climiate Sustainable…

Technical Solutions Exist, but Policies Are Urgently Needed to Tackle Growing Emissions from Buildings

Reducing greenhouse gas emissions from urban buildings was the central focus of the third Global Dialogue and Investment-focused Event held under the Mitigation Work Programme from May 27 to 29, 2024, in Bonn. These dialogues, initiated at the COP27 UN…

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