By Prof. Chukwumerije Okereke In a daring move, Nigeria’s President, His Excellency President Bola Ahmed Tinubu GCFR, declared the immediate abolition of fuel subsidies during his Inaugural Address on May 29, 2023, stating quite simply that “subsidy is gone”.…
Nigeria launches residential energy demand survey
The Nigerian Federal Ministry of Power, in collaboration with the National Bureau of Statistics (NBS), Energy Commission of Nigeria (ECN), with support from the European Union (EU) and International Energy Agency (IEA), recently launched the Nigeria Residential Sector Energy Demand…
Oilinvest Undertakes a Forestation Initiative for Green House Gas Removal in Collaboration with the Libyan Public Services Company
Oilinvest has announced a collaboration with the Libyan Public Services Company (LPSC) for the forestation of 1,000,000 trees such as Eucalyptus and pines in Tripoli, Libya. The project will be implemented on 1,450 hectares of land owned by LPSC in…
COP28: Nigerian CSOs Call for Increased Financial Commitment and Implementation of Outcomes
Render Account of Participation Seek Effective Climate Action Responses A Coalition of Nigerian Civil Society Organizations are strongly advocating for the prompt and active implementation of agreements reached at the just concluded 28th Session of Conferenc of Parties, which held…
Polaris Bank increases African financial services; enrolls on PAPPS
Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). The cross-border financial infrastructure empowers the Bank’s existing and potential customers to execute trade and payments across Africa seamlessly. The inter-African trade payment…
Nigeria–Germany Partnership Expand as President Tinubu Witnesses Signing of $500M Renewable Energy Pact and Gas Export Agreement
The burgeoning economic partnership between the Federal Republic of Nigeria and the Federal Republic of Germany witnessed further expansion and strengthening as two important agreements were signed between Nigerian and German businesses on Tuesday. Speaking in Berlin, Germany, at the…
President Tinubu to Investors: Nigerians are the Greatest Asset and Advantage we have over other nations
President Bola Tinubu, on Monday, in Berlin, Germany, told international investors that beyond Nigeria’s natural resources, the people of Nigeria, who are highly educated, highly skilled, and naturally industrious are the primary asset and advantage the country wields over other…
Thought Leaders Converge to Mobilize Finance for SDG goals at 2023 Sustainability Table Discourse
High-profile speakers, including Lagos Governor Sanwo Olu, Kwara First Lady, Dr. Abdul Razaq, Minister of State for Environment Salako, Commissioner of Finance and Economic Development, Akintunde Oyebode, IHS Nigeria CEO, Mohamad Darwish, are set to address the urgency of SDGs…
Climate Action: President Tinubu’s Government Needs to Correct Course ahead of COP28
By Professor Chukwumerije Okereke and Nnaemeka Oruh The 78th session of the United Nations General Assembly (UNGA78) may have come and gone but the debates and the representations by the global leaders continue to shape the path to commitments…
Natural gas set to ignite African economies
Ongoing discoveries confirm a growing energy opportunity for the continent – in export markets and to power domestic development The recent signing of an agreement to develop what has been called South Africa’s largest liquified natural gas project in Mpumalanga…
