Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has expressed his administration’s commitment to promoting renewable energy initiatives, particularly in the electricity sector, to boost economic activities within Lagos State. The Governor made this commitment on Monday at the Roundtable Meeting…
Kenyon International Demonstrates Dedication to Young Talent Development in Africa’s Energy Sector
Kenyon International West Africa Company Limited, a leading oil and gas services company has reinforced its commitment to nurturing Africa’s next generation of energy professionals through its active participation in the Society of Petroleum Engineers (SPE) Africa Annual Student Congress…
SWOFON, BCG Lament Non-release of Funds to Smallholder Women Farmers in Kogi
The Smallholder Women Farmers Organisation of Nigeria (SWOFON) and the Budget Committee Group (BCG), Kogi State chapter, have decried the persistent failure of the Kogi State Government to release allocated funds for the agricultural sector—particularly those meant to support smallholder…
Naira-for-Crude and Matters Arising
Recently, the Federal Executive Council (FEC) directed the full implementation of the Naira-for-Crude policy for local refiners. The Naira-for-Crude policy, introduced in 2024, entails the sale of crude oil to domestic refineries– Dangote Refinery and others in naira instead of…
GENESIS Energy, Katsina State Government Sign Landmark US$500M Investment MOU
…Agreement to fund critical infrastructure, aimed at improving power access and driving massive economic growth in the State. GENESIS Energy Holding, a UK-based leading Pan-African clean energy infrastructure development and asset management company, has signed a Memorandum of Understanding (MOU)…
FG To Access $2.3bn for Transmission Infrastructure Upgrade – Adelabu
The Minister of Power, Adebayo Adelabu, has announced that the pilot phase of the Siemens-backed Presidential Power Initiative (PPI) is now 90% complete. This marks a major milestone in the Nigerian government’s drive to stabilise the national grid and improve…
FG Launches Second Phase of Presidential Power Initiative with $328 Million CMEC Contract
The Federal Government has officially launched the second phase of the Presidential Power Initiative (PPI)—commonly referred to as the Siemens Project—through the signing of a $328.8 million Engineering, Procurement, Construction, and Financing (EPC&F) contract between FGN Power Company and China…
Nigeria’s Crude Oil Reserves Hit 37.28 Billion Barrels, Gas Reserves Rise to 210.54 Tcf — NUPRC
Nigeria’s crude oil reserves have been officially pegged at 37.28 billion barrels while its gas reserves climbed to 210.54 trillion cubic feet (tcf), according to Engr. Gbenga Komolafe, the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).…
Nigeria Gears Up for Global Spotlight at WGC 2025 as NGA Confirms Strategic Participation
The Nigerian Gas Association (NGA) has officially announced its strategic participation at the 29th World Gas Conference (WGC2025), scheduled to hold in Beijing, China, from May 19–23, 2025. During a media briefing in Lagos, NGA President, Mr. Akachukwu Nwokedi, confirmed…
NLNG, Bank of Industry Reintroduces Micro-Credit Scheme to Drive Grassroots Economic Empowerment
In a renewed commitment to grassroots development and sustainability, Nigeria LNG Limited (NLNG), in partnership with the Bank of Industry (BOI), has reintroduced its Micro, Small, and Medium Enterprises (MSME) Scheme to empower local businesses within its host communities and…
