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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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Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis
December 23, 2024DistributionFinanceGasGenerationImpactNewsPowerSpecial ProjectTransmission

Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis

… ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households … activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply Industry (NESI) is grappling with persistent financial instability, largely driven…

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

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MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves
November 1, 2024DocumentaryDownstreamEnergy TransitionFinanceGreen FinanceImpactLocal ContentMidstreamMultilateral FinanceNews

MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves

… recommends sustained government support “Nigeria’s gas pipeline network meets just 10% of local demand, urgent investment needed to bridge critical gap”- ED MDGIF, Adama says Oredola Adeola The Midstream and Downstream Gas Infrastructure Fund (MDGIF), under the Nigerian Midstream…

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Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security
October 29, 2024DocumentaryDownstreamEnergy TransitionFinanceLocal ContentMidstreamMultilateral FinanceNewsOil & Gas

Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security

Dr. Abdul-Hamid highlights Ghana-Burkina Faso pipeline agreement as a model for regional cooperation to enhance petroleum supply, security Aina, First Bank Energy Head suggests regional currency adoption in Anglophone Africa to curb FX volatility, citing Francophone stability Oredola Adeola Dr.…

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AJERAP invites oil, gas leaders to exclusive one-on-one engagement with Julius Rone, GMD/CEO, UTM offshore Ltd on Oct. 2, 2024
October 1, 2024DocumentaryFinanceGasMidstreamNewsOil & GasSpecial Report

AJERAP invites oil, gas leaders to exclusive one-on-one engagement with Julius Rone, GMD/CEO, UTM offshore Ltd on Oct. 2, 2024

Oredola Adeola The African Association of Energy Journalists and Publishers (AJERAP) has announced plans to host Mr. Julius Rone, Group Managing Director/CEO of UTM Offshore Limited, for a special one-on-one engagement on Wednesday, October 2, 2024, at 11 a.m. Central…

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FG offers additional N80.07bn for completion of 35.7km Bonny-Bodo Road project, amid rising costs, delays by Julius Berger
September 24, 2024ConcessionFinanceImpactNews

FG offers additional N80.07bn for completion of 35.7km Bonny-Bodo Road project, amid rising costs, delays by Julius Berger

.. approves N158 bn contract in agreement with Dangote for service lanes linking Lekki Deep seaport to Shagamu-Benin expressway   Oredola Adeola The Federal Executive Council (FEC) has approved a revised contract cost of N280 billion, up from the N199.92…

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