October 7, 2025ConcessionEnergy TransitionGenerationImpactNewsPower

Phoenix steel mills records boost in productivity, efficiency with stable power from NDPHC’s eligible customer programme

Oredola Adeola Phoenix Steel Mills, a beneficiary of the Niger Delta Power Holding Company’s (NDPHC) Eligible Customer Programme, has reported marked improvements in productivity, operational efficiency, and energy stability, attributing the gains to consistent power supply that has reduced outages,…

Readmore

June 30, 2025ConcessionDistributionDocumentaryEnergy TransitionFinanceGenerationGreen FinanceImpactInterviewNewsPowerSolarSpecial ProjectTransmission

Float DisCos on stock market, end World Bank-loan guarantees for power sector – Damcida tells FG

Mallam Ahmad Damcida, CEO/Managing Director of Energy Culture, during a Q&A session with Advisors Reports, evaluates the Federal Government’s current approach to financing the power sector, offers bold reforms for DisCos, and calls for accountability in the use of multilateral…

Readmore

June 15, 2025ConcessionDocumentaryFinanceOil & GasSecuritySpecial ProjectUpstream

Israel-Iran war: Global oil price hits $74/b, first time since Jan. 2024

… conflict wrecks key energy infrastructure, rattles global market Oredola Adeola Escalating hostilities between Israel and Iran have severely damaged critical oil infrastructure, triggering a sharp spike in global oil prices, as Brent crude surged by 11.71% from $66.45 on…

Readmore

May 31, 2025ConcessionDocumentaryImpactNewsSpecial ProjectSustainability

 Lagos-Calabar coastal highway: Tinubu warns developers on corridor setbacks

“No compensation for unauthorized estate development” Tinubu Oredola Adeola President Bola Tinubu has reiterated the Federal Government’s commitment to strict enforcement of regulations along the ongoing Lagos-Calabar Coastal Highway project. Speaking during an inspection and commissioning of the first section…

Readmore

May 21, 2025ConcessionDistributionEnergy TransitionGenerationNewsPowerSustainabilityTechnologyTransmission

Adelabu blames DisCos for power sector setback, seeks NASS’ support to sanction underperformers

    … says Northern DisCos remit just 30% in Q4/24, Abuja DisCo covers 85% of payment …  Eko, Ikeja DisCos power Southern remittance with 70% share Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has blamed DisCos for failing…

Readmore

November 30, 2024ConcessionMidstreamNewsOil & GasTechnologyUpstream

PETAN advocates for privatizing oil, gas pipelines with 51% private investor ownership

… proposes “Commonwealth Solution” modelled after NLNG   Oredola Adeola Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN), has advocated for the privatization of Nigeria’s oil and gas pipelines, proposing a “commonwealth solution” that would allow…

Readmore

November 20, 2024ConcessionDownstreamFinanceGasGenerationMidstreamNewsPowerUpstream

Lagos seeks NUPRC’s support for adequate gas supply, favourable pricing to boost state-owned power generation

NUPRC, LASG to set up a joint team on viability of the appeal Oredola Adeola The Lagos State Commissioner for Energy, Biodun Ogunleye, has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to support the state’s aggressive drive to enhance…

Readmore

November 11, 2024ConcessionDownstreamGasMidstreamNewsOil & GasUpstream

NNPCL wipes out $4.68 bn cash call debt, channels subsidy savings to drive sustainable, affordable energy for Nigerians

… Mele Kyari confirms no debt owed to IOCs   Oredolà Àdeola The Nigerian National Petroleum Company Ltd (NNPCL) has cleared its outstanding $4.68 billion cash call debt to the five international oil companies operating in Nigeria, affirming that it…

Readmore

October 30, 2024ConcessionDownstreamMidstreamNewsOil & GasUpstream

Tinubu rules out return to dollar transactions, commits to Naira-based crude oil sales to local refineries

.., charges NNPC,Dangote, stakeholders to use Afreximbank as settlement bank to resolve the Naira pricing for crude and refined products Oredola Adeola President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to implementing Naira-based sales of crude oil and refined…

Readmore

October 25, 2024ConcessionLocal ContentNewsSustainabilityTechnology

NCDMB to inject $50 million into Triple Helix model to boost R&D projects

 … ES NCDMB urges Nigerians to embrace innovation, prioritize research for national development “Transition from research to commercialization key to economic growth under Triple Helix Model” – Halilu said Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has…

Readmore