L-R: Deputy Governor of Adamawa State, Prof. Prof. Kaletapwa G. Farauta; Chairman of Chairman of Greenville, Mr. Eddy Van Ben Broeke; Minister of State Petroleum Resources (Gas), Dr. Ekperikpe Ekpo and Programme Director/Chief Executive, PCNGi, Mr. Michael Oluwagbemi during the…
New GEEP Boss, Baba, Initiates Strategic Partnerships with Education Ministry, Employment Agency
The new National Programme Manager of the Government Enterprise and Empowerment Programme (GEEP), Hamza Ibrahim Baba, has hit the ground running, initiating high-level engagements to expand access to empowerment initiatives under President Bola Ahmed Tinubu’s Renewed Hope Agenda. On Tuesday,…
MEMAN: Nigeria’s Fuel Import Costs Surge Amid Forex Pressures and Crude Price Stability
Nigeria’s downstream oil market is facing heightened volatility as new data from the Major Energy Marketers Association of Nigeria (MEMAN) Competency Centre reveals a significant rise in the estimated cost of importing refined petroleum products. The MEMAN Energy Bulletin released…
NAEC 2025: Energy Future, Investment in Focus as Ministers and Experts Convene
The Association of Energy Correspondents of Nigeria (NAEC) has announced that the 2025 edition of its highly anticipated annual conference will take place on October 9, 2025, at the Eko Hotel & Suites, Lagos, under the theme: “Nigeria’s Energy Future:…
NERC: Abuja Electricity Disco Fined N1.69BN For “Crazy Billing” Practices
THE Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N1.69 billion on Abuja Electricity Distribution Company (AEDC) for “crazy billing” practices. This regulatory action aims to protect consumers from unfair billing practices and ensure compliance with industry standards.…
LASG: Ministry of Wealth Creation To Deepen Inter-Agency Collaboration with Resilience Office
The Lagos State government has continued its ongoing efforts to deepen institutional coordination around sustainable development, economic empowerment, and resilience planning. This was emphasized on Wednesday, May 28 as the Honourable Commissioner for Wealth Creation and Employment, Hon. Akinyemi Ajigbotafe,…
LASRERA Seeks Collaboration, Support Of Traditional Rulers
Ahead of the Stakeholders’ forum which is scheduled to hold in the five divisions of the State, the Lagos State Government, through the Ministry of Housing and Lagos State Real Estate Regulatory Agency (LASRERA), is seeking the support and collaboration…
Sidi Ould Tah Elected Ninth President of the African Development Bank Group
Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina Sidi Ould Tah of Mauritania was today elected President of the African Development Bank…
TotalEnergies Divests Non-Operated Interest in Nigeria’s Bonga Field, Sells Stake in OML 118 to Shell for $510 Million
In a strategic move to streamline its upstream portfolio, TotalEnergies has signed an agreement to divest its 12.5% non-operated interest in Nigeria’s OML 118 Production Sharing Contract (PSC) to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million.…
NERC Introduces N2.17/kWh Tariff Levy to Fund Transmission Infrastructure Projects
In a bold initiative to boost Nigeria’s electricity transmission capacity, the Nigerian Electricity Regulatory Commission (NERC) has announced the creation of a Transmission Infrastructure Fund (TIF), to be financed through a new tariff levy of N2.17 per kilowatt-hour (kWh) of…
