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Lagos State govt. constitutes 5-member electricity regulatory commission board
December 24, 2024DistributionEnergy TransitionGenerationNewsPowerSustainabilityTransmission

Lagos State govt. constitutes 5-member electricity regulatory commission board

… appoints Engr. Odubiyi, former NERC Commissioner, as Chair   Oredola Adeola   The Lagos State Government has approved a five-member board for the Lagos State Electricity Regulatory Commission (LASERC), chaired by Abimbola Odubiyi, to oversee and regulate electricity market…

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Greenville LNG sets ambitious target: 50 LCNG hubs within first seven months of 2025
December 23, 2024DownstreamEnergy TransitionFinanceGasImpactMidstream

Greenville LNG sets ambitious target: 50 LCNG hubs within first seven months of 2025

Oredola Adeola Greenville LNG has announced an ambitious plan to construct 50 Liquefied Compressed Natural Gas (LCNG) hubs across Nigeria within the next seven months. This initiative is part of the company’s broader nationwide distribution strategy for 2025, aimed at…

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NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16
December 16, 2024DistributionEnergy TransitionFinanceGenerationNewsPowerRenewablesSustainability

NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16

… aims to drive cost-reflective pricing for dedicated power generation facilities   Oredola Adeola   As part of efforts to establish cost-reflective tariffs for dedicated power generation facilities, the Nigerian Electricity Regulatory Commission (NERC) has directed all mini-grid developers in…

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#PNC2024: CNG vehicle conversion centers in Nigeria surge from 7 in 2023 to 158 in 2024 – Pi-CNG confirms 
December 5, 2024DocumentaryEnergy TransitionGasImpactLocal ContentMidstreamNewsTechnology

#PNC2024: CNG vehicle conversion centers in Nigeria surge from 7 in 2023 to 158 in 2024 – Pi-CNG confirms 

…secures 10 hectares of land for establishment of CNG manufacturing hub in Ajaokuta, Kogi State   Oredola Adeola The Presidential Committee on Compressed Natural Gas Initiative (Pi-CNG) has confirmed a significant increase in the number of CNG vehicle conversion centers…

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#PNC2024: NNPC restructures NEPL, NETCO, EnServ to strengthen local content efforts
December 4, 2024Energy TransitionGasLocal ContentMidstreamNewsOil & GasService CompanySustainabilityTechnology

#PNC2024: NNPC restructures NEPL, NETCO, EnServ to strengthen local content efforts

… build capacity for global energy leadership   Oredola Adeola NNPC Limited acknowledged that the strategic restructuring of its subsidiaries, including NNPC Exploration and Production Limited (NEPL), NNPC Engineering and Technical Company Limited (NETCO), and NNPC Energy Services Limited (EnServ),…

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10th HoR advances Nigerian Content Bill, set to repeal NOGIC Act 2010
December 4, 2024Energy TransitionFinanceImpactLocal ContentNewsOil & GasSustainabilityTechnology

10th HoR advances Nigerian Content Bill, set to repeal NOGIC Act 2010

… moves to expanding content bill to cover electricity, ICT, other key sectors Oredola Adeola The House of Representatives Committee on Nigerian Content Development and Monitoring has reiterated commitment to advancing the Nigerian Content Development and Enforcement Bill (the ‘NCDE…

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PNCNigeria: Nigeria’s local content in oil, gas sector rises to 56% in 2024, exceeds target
December 3, 2024DocumentaryDownstreamEnergy TransitionExtractive IndustryImpactLocal ContentNewsOilOil & GasSustainabilityUpstream

PNCNigeria: Nigeria’s local content in oil, gas sector rises to 56% in 2024, exceeds target

NCDMB revises Community Contractor Fund, allocates ₦15bn … increases single obligor limit from ₦20m to ₦100 m Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has reported an increase in local content in the oil and gas sector…

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NCDMB empowers Project 100 to deliver world-class projects, strengthen regional collaboration across West Africa
December 2, 2024DocumentaryEnergy TransitionImpactLocal ContentNewsOil & GasService CompanySpecial ReportSustainabilityTechnology

NCDMB empowers Project 100 to deliver world-class projects, strengthen regional collaboration across West Africa

… beneficiaries urge NCDMB, MoPR to transition P-100 into a sectoral working group  The Project 100 beneficiaries have been equipped with advanced skills to scale up as leading Nigerian oil and gas servicing companies, enabling them to deliver world-class projects and…

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VP Shettima led-NEC sets up National Electrification Committee to tackle grid collapses, implement power strategy 
November 22, 2024DistributionEnergy TransitionNewsPowerTransmission

VP Shettima led-NEC sets up National Electrification Committee to tackle grid collapses, implement power strategy 

…Cross River Governor Bassey Otu to lead committee Oredola Adeola The National Economic Council (NEC) has set up a National Electrification Committee, chaired by Cross River State Governor Bassey Otu, to end national grid collapses and enhance power supply through…

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Ademola Adigun/Engr. ChiChi Emenike, Ifeoma Finnih/Ahmad Damcida clash over global climate agenda: Pathway to development or threat to Africa’s energy sovereignty?
November 22, 2024DocumentaryEnergy TransitionEnvironmentFinanceGenerationGreen FinanceHydroplantMultilateral FinanceNewsOil & GasPowerRenewablesSolarSustainabilityTechnology

Ademola Adigun/Engr. ChiChi Emenike, Ifeoma Finnih/Ahmad Damcida clash over global climate agenda: Pathway to development or threat to Africa’s energy sovereignty?

Oredola Adeola At the recently concluded Energy Sustainability Conference organized by the Energy Institute, experts fiercely debated the impact of the global climate agenda on Africa’s development and energy sovereignty. The session titled “Is the Global Climate Agenda a Fair…

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