The Group Chief Executive Officer of NNPC Limited (NNPCL), Engr. Bashir Bayo Ojulari, has reaffirmed Nigeria’s unwavering commitment to partnering with other African nations to achieve sustainable energy security across the continent. Engr. Ojulari made this assertion while addressing industry leaders at the 7th African Petroleum Producers’ Organisation (APPO) National
The Federal Government has announced that Nigeria is looking forward to a big increase in how much the industrial sector contributes to GDP, aiming for a 25 percent rise from 2025 to 2035 as part of a new strategic plan. During a panel talk at the ongoing Gastech Exhibition and
An indigenous oil and gas company, Sostenibili Energy and Infrastructure Limited, is poised to make a significant impact in the country’s energy and infrastructure landscape. The company will launch its operations with a virtual event themed “Powering the Future – Sustainably,” tomorrow September 10, 2025. Sostenibili’s Board comprises seasoned professionals
The Bureau of Public Enterprises (BPE) in Nigeria has announced plans to put two electricity distribution companies (known as Discos) and one electricity generation company (called a Genco) on the Nigerian Exchange, which is the country’s stock market. During his first press conference since becoming the Director-General last year, Ayodeji
Nigeria’s efforts to achieve a sustainable energy future will deliver the desired results if she introduces the right polices and deploys fit-for-purpose technology, while at the same time developing a robust supply chain and human resource base to help to unlock production and investments.Managing Director, Shell Nigeria Exploration and Production
The Governor of Abia State, Dr. Alex Otti, has announced that they are nearing the end of discussions with the Enugu Electricity Distribution Company (EEDC) to take over electricity supply in eight local government areas that currently lack service from Geometric Power. This move is part of a bigger plan
The Forum of Commissioners of Power and Energy in Nigeria (FOCPEN) has expressed serious concerns about the proposed Electricity Act (Amendment) Bill, 2025, which is under review by the Nigerian Senate. They warn that if this bill is passed, it could result in over N5 trillion in unpaid electricity subsidies
The Nigerian National Petroleum Company Limited (NNPCL) is focused on boosting the country’s oil production to 2 million barrels per day (bpd) by 2027, as the current output is at 1.63 million bpd. This announcement was made by NNPCL Group Chief Executive Officer, Bashir Bayo Ojulari, during the 9th OPEC
Renaissance Africa Energy Company Limited has announced that it is taking actionable steps to address electricity and clean energy shortages in Nigeria and across Africa. Mr Tony Attah, Managing Director of Renaissance, made the remark in a statement issued by the company’s spokesperson, Mr Michael Adande, in Port Harcourt on
Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion