THE Federal Government has promised to urgently address the N4 trillion debt crippling Nigeria’s power generation sector, following high-stakes talks between Power Minister Adebayo Adelabu and Chairmen of Generating Companies of Nigeria (GenCos) in Abuja.The move aims to avert an imminent collapse of the power infrastructure in the country.The Minister
The Dangote Group is undertaking an initiative to transition over 6,000 diesel trucks to Compressed Natural Gas (CNG). This will add to their 4,000 trucks that have already been converted to CNG. Michael Oluwagbemi, who is in charge of the Presidential Compressed Natural Gas Initiative Programme, shared this information in
The Nigerian Gas Association (NGA) is super excited to announce that Nigeria will be the main focus at the World Gas Conference (WGC) 2025! A team of important leaders from the government and the energy sector will represent Nigeria. the Honourable Minister of State for Petroleum Resources (Gas), H.E., Rt.
Shell Nigeria Exploration and Production Company Ltd (SNEPCo,) one of the sponsors of the Oloibiri Lecture Series and Energy Forum (OLEF) has commended it as a platform for driving change in Nigeria’s energy sector through the discussions that centre on business performance, cost discipline, and process simplification.“This event is special
Huawei has unveiled its latest energy storage solution, the LUNA 2000-215 Series, designed to leverage advanced technology to tackle energy challenges. The Luna 2000-215 incorporates a hybrid energy system that combines liquid and air cooling to enhance efficiency, reduce expenses, and extend the lifespan of the system. According to Huawei,
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that it will review the divestments of 26 oil blocks valued at $6.03 billion, which involve five International Oil Companies (IOCs). During a media briefing in Abuja for the first quarter, NEITI’s Executive Director, Dr. Orji Ogbonnaya Orji, shared this information.
The Federal Ministry of Innovation, Science and Technology (FMIST) has partnered with LONGi Solar France SARL, a branch of LONGi Green Energy Technology Co., Ltd, to secure a deal for the provision of a 2,600 megawatt solar modular system. Uche Nnaji, the Minister of Innovation, Science, and Technology, revealed on
Olufemi Adewole, the Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), warns that the Naira-for-crude oil transaction system carries consequential risks that could deter Nigeria’s foreign exchange stability and deter Foreign Direct Investment (FDI). Adewole expressed concerns about the Naira’s instability, pointing out that crude
Seplat Energy has once again demonstrated its commitment to promoting gender equity in STEM during the Society of Petroleum Engineers Women Leadership Lecture Series (SPEWLLS) 2025, which was centered around the theme “March Forward: Advancing Equity and Creating Opportunities in STEM and Beyond.” The event took place on March 21,
NNPC Retail Limited (NRL) achieved a significant milestone by successfully hosting She-Fix 2025, an event focused on empowering women in the automotive, technical, and energy sectors, while also celebrating International Women’s Day. Held recently at The Stable Center in Surulere, Lagos, the event drew over 300 active participants as part