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Sanwo-Olu visits Paris’ Rungis Market, seeks collaboration for Lagos Food and Logistics Hub project
June 21, 2024DocumentaryNewsSustainability

Sanwo-Olu visits Paris’ Rungis Market, seeks collaboration for Lagos Food and Logistics Hub project

Oredola Adeola   As part of efforts put in place to advance the construction of sub-Saharan Africa’s largest Food Security Systems and Central Logistics Park on a 1.2 million square metre site in Ketu-Ereyun, Epe, Governor Babajide Sanwoolu visited the…

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Band A supply milestone: IBEDC delivers 620 hours of electricity to customers since April
June 20, 2024DistributionDocumentaryNewsPower

Band A supply milestone: IBEDC delivers 620 hours of electricity to customers since April

  Oredola Adeola   The Ibadan Electricity Distribution Company (IBEDC) has announced that it has delivered a cumulative minimum of 620 hours of electricity supply to its customers via the 83 Band A feeders from April 2024 to date.  …

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$4.3bn NLNG Train 7 gas project timeline: From groundbreaking to 67% completion
June 18, 2024DocumentaryEnergy TransitionFinanceGasLocal ContentMidstreamNewsReviewTechnology

$4.3bn NLNG Train 7 gas project timeline: From groundbreaking to 67% completion

… accumulates over 45m man-hours between 2021- 2024 without any LTI   Michelle Savage   The Nigeria LNG Limited (NLNG) Train 7 gas project, with a total contract sum of $4.3 billion, began construction in June 2021 and has achieved…

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Decade of Gas Secretariat identifies 20 key gas projects to deliver 4.6bcf/d by 2030, bridge 3bcf/d supply deficit
May 30, 2024DocumentaryEnergy TransitionGasImpactNewsSpecial Report

Decade of Gas Secretariat identifies 20 key gas projects to deliver 4.6bcf/d by 2030, bridge 3bcf/d supply deficit

… trains media to drive gas sector growth … assures OB3 pipeline completion to boost Nigeria’s domestic gas production by 20%   Oredola Adeola The Decade of Gas Secretariat has identified over 20 ongoing gas projects capable of unlocking 4.6…

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President Tinubu approves $100m investment from 4 agencies under Min. of Petroleum Resources, for $5bn Africa Energy Bank shares
May 24, 2024DocumentaryDownstreamEnergy TransitionFinanceGenerationGreen FinanceImpactMidstreamNewsOil & GasPowerRenewablesUpstream

President Tinubu approves $100m investment from 4 agencies under Min. of Petroleum Resources, for $5bn Africa Energy Bank shares

  … APPO, Afrexim Bank technical inspection team validates Nigeria’s readiness to host AEB hqtrs   Oredola Adeola   President Bola Ahmed Tinubu has  approved $100 million investment from four key agencies under the Ministry of Petroleum Resources, surpassing the…

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WIEN seeks NCDMB support for training, funding of 60 women in energy transition journey 
May 16, 2024DocumentaryFinanceImpactLocal ContentMidstreamNewsSustainability

WIEN seeks NCDMB support for training, funding of 60 women in energy transition journey 

  Oredola Adeola   The Women in Energy Network (WIEN) has approached the Nigerian Content Development and Monitoring Board (NCDMB) to seek support for training and funding for 60 women who are now registered with the specific aim of helping…

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CBN appoints 9 Pre-Shipment Inspection, 2 Monitoring Agents for oil, gas exports
May 14, 2024ConcessionDocumentaryMaritimeMidstreamNewsOil & GasUpstream

CBN appoints 9 Pre-Shipment Inspection, 2 Monitoring Agents for oil, gas exports

Oredola Adeola   The Central Bank of Nigeria (CBN) has confirmed the Federal Government’s appointment of Nine (9) Pre-Shipment Inspection Agents (PIAs) effective from May 13, 2024, as part of the move to streamline and monitor oil and gas exports.…

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NNPC/First E&P JV donates N53.4m to Nigerian NGOs for healthcare, education, others
May 11, 2024DocumentaryImpactNewsOil & GasUpstream

NNPC/First E&P JV donates N53.4m to Nigerian NGOs for healthcare, education, others

Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint Venture (JV) have donated N53 million to non-governmental organizations (NGOs).   Advisors Reports confirmed that the fund is specifically designated…

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Nigerian musicians rake in N25bn from spotify streams in 2023
May 10, 2024DocumentaryFeatureNewsReview

Nigerian musicians rake in N25bn from spotify streams in 2023

  … streaming royalties soar by 127% year-over-year   Oredola Adeola   This surge in earnings represents a 2,500% rise since 2017, showcasing the substantial growth in revenue for artists from the platform.   It is noteworthy that Spotify is…

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FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 
May 9, 2024DistributionDocumentaryEnergy TransitionGenerationGreen FinanceImpactNewsPowerSolarTransmission

FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 

… unveils lists of several approaches necessary to accomplish Nigeria’s energy goals … seeks stakeholders’ input   Oredola Adeola   The Federal Government has launched the Gazettes of the National Energy Policy (NEP) and National Energy Master Plan (NEMP), crafted…

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