₦5.42 trillion disbursed to the Federal, State and Local Governments Mineral Revenue contributed N6.40 trillion Non-mineral revenue contributed N4.80 trillion The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue generating agencies remitted a total of about…
350.org and Local Groups Kick Off Global Month of Action to Call for Shift to Renewable Energy
As Africa bears the brunt of worsening climate impacts such as flooding, droughts and storms, communities are calling on the governments to hold polluters accountable by making them pay through taxing their earnings Starting November 3, 350.org together with…
President Tinubu appoints Abdullahi Mustapha as DG, Energy Commission
Nigeria’s President, Ahmed Bola Tinubu has appointed Dr. Abdullahi Mustapha as the new Director-General and Chief Executive Officer of the Energy Commission of Nigeria (ECN). This was contained in a statement by Chief Ajuri Ngelale, the Special Adviser on Media…
NNPCL Appoints Olufemi Soneye as Chief Corporate Communications Officer
The Nigerian National Petroleum Company Limited (NNPCL) has officially announced the appointment of Olufemi Oladapo Soneye as its Chief Corporate Communications Officer. In a press statement published on the company’s official X (Twitter) handle, NNPCL stated that Mr. Soneye will…
Alternative Fuel: Stakeholders x-ray realities of Nigeria’s energy transition
The BusinessDay / MOMAN Policy Intervention Series once again played host to an impact oriented stakeholder group; who came together to x-ray the entire gamut of the energy transition and what Nigeria must do to overcome the challenges to smooth…
First-Ever Nuclear Energy Summit to be Held in Brussels in March 2024
Following the International Atomic Energy Agency’s Atoms4NetZero initiative, leaders from around the world will gather at a Nuclear Energy Summit in Brussels early next year to highlight the role of nuclear energy in addressing the global challenges to reduce the…
Alternative Energy can bring about shared prosperity to combat institutional impunity
Adoption of alternative energies has the potential of creating a multiplier effect on Nigeria’s development and socio-political orientation. According to Dr Henrietta Onwuegbuzie, Associate professor of entrepreneurship at the Lagos Business School, the drive towards the energy transition can play…
Energy: Infrastructure – key to ensuring sustainability of Alternative energies in Nigeria
“Without developing adequate infrastructure as the necessary platform for sustainability of Nigeria’s gas expansion program and other alternative energies, including electric mobility, we are just wasting resources”. That was the summation at the end of the presentation of Mr Kelvin…
Stakeholders must drive investment to bridge Nigeria’s 195,400 MW energy deficits — Abdul
For Nigerians to enjoy constant electricity supply, there is need for more investments in the sector that will culminate in the country being able to generate 200,000 MegaWatts (MW). This implies Nigeria needs additional 195,400 megawatts to meet its electricity…
Offshore Dimension Receives an Outstanding Growth Award from Distinguished American OEM
Offshore Dimensions Limited, one of the leading indigenous oil and gas firms in Nigeria has said that the company just hit a remarkable milestone and has announced with excitement the prestigious honor it received recently from Parker Hannifin, a distinguished…
