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#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge
November 6, 2024DocumentaryGasGreen FinanceImpactMultilateral FinanceNewsOil & GasUpstream

#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge

… say Africa’s potential with 125bn barrels of oil, 620tcf of gas to meet global energy demand by 2040 Oredola Adeola Energy experts forecast a $58 billion investment influx into Africa’s oil and gas upstream sector in the coming years,…

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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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Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos
October 28, 2024DownstreamGreen FinanceHydrogenMidstreamNewsSustainability

Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos

… says “energy transition focuses on exploration, production, storage, distribution, retail, not just replacing energy sources”   Oredola Adeola Governor Babajide Sanwo-Olu has called for stronger alliances with the private sector, young entrepreneurs, and both local and international stakeholders to…

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Nigeria requires $135 billion to achieve Net-Zero power sector by 2060 – Nwanze, Heirs Energies Ltd. CFO
October 17, 2024Energy TransitionGenerationGreen FinanceLocal ContentNewsPowerRenewablesTechnology

Nigeria requires $135 billion to achieve Net-Zero power sector by 2060 – Nwanze, Heirs Energies Ltd. CFO

… charges FG to foster international partnerships to accelerate technology transfer, renewable energy deployment Oredola Adeola Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies Limited has estimated that Nigeria will require approximately $135 billion to fully decarbonize…

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Nigeria-China partnership critical to vision 30:30:30, universal energy access by 2060 – Power Minister Adelabu
September 5, 2024DistributionEnergy TransitionFinanceGenerationGreen FinanceNewsPowerRenewablesSolarSustainability

Nigeria-China partnership critical to vision 30:30:30, universal energy access by 2060 – Power Minister Adelabu

Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has revealed that Nigeria’s commitment to achieving 30GW of grid energy supply with a 30 percent renewable energy mix by 2030, and universal energy access by 2060, presents an opportunity for collaboration…

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Lagos signs MoU with Chinese company to implement 50 MW solar power project in LASU, LASUCOM, other state institution
September 4, 2024DistributionEnergy TransitionGenerationGreen FinanceNewsPower

Lagos signs MoU with Chinese company to implement 50 MW solar power project in LASU, LASUCOM, other state institution

Oredola Adeola The Lagos State Government has signed a Memorandum of Understanding (MoU) with a leading Chinese company to implement solar power systems across key educational institutions. The agreement was announced in a statement by Governor Babajide Sanwo-Olu, as part…

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NIPCO Gas, NNPCL commission Lekki gas distribution project with 100 MMSCFD capacity
August 29, 2024DownstreamEnergy TransitionGasGenerationGreen FinanceMidstreamNewsSustainability

NIPCO Gas, NNPCL commission Lekki gas distribution project with 100 MMSCFD capacity

… NIPCO Gas, NNPCL operationalize gas supply to 24 MW power plant in Lagos Lekki Free Trade Zone Oredola Adeola NIPCO Gas, in collaboration with NNPC Gas Marketing Limited, has officially launched the Lekki Gas Distribution Project, boasting a capacity…

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Adegbemle, PowerUp Nigeria urges REA, others to share data, optimize green funding utilization
July 26, 2024Energy TransitionFinanceGenerationGreen FinanceHydroplantLocal ContentNewsPower

Adegbemle, PowerUp Nigeria urges REA, others to share data, optimize green funding utilization

… insists data transparency, private collaboration crucial for Nigeria’s 30GW renewable energy vision by 2030 Michelle Savage Adetayo Adegbemle, Executive Director of PowerUp Nigeria, has challenged the Rural Electrification Agency (REA) and other relevant agencies to move beyond rhetoric and…

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REA, CPPE, NAEC identify investment, actions as key drivers of Nigeria’s green economy sustainable future  
July 25, 2024ConcessionDistributionDocumentaryEnergy TransitionFinanceGenerationGreen FinanceImpactNewsPowerRenewablesReviewSustainabilityTechnology

REA, CPPE, NAEC identify investment, actions as key drivers of Nigeria’s green economy sustainable future  

  Michelle Savage Abba Aliyu, Acting Managing Director/CEO of the Rural Electrification Agency (REA), Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, and Ugochukwu Amadi, National Chairman of the Association of Energy Correspondents of Nigeria…

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Dr. Agama, DG SEC announces Nigeria’s plan to launch third green bond in September 2024, 5 years after
July 25, 2024ConcessionEnergy TransitionGreen FinanceHydroplantImpactMultilateral FinanceNewsPowerRenewablesSolar

Dr. Agama, DG SEC announces Nigeria’s plan to launch third green bond in September 2024, 5 years after

… proposes solar energy estates in Northern Nigeria for job creation …laments over Nigeria’s University energy cost, as UNIBEN, ABU commit N341M, N450M monthly on power bills  Oredola Adeola Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission,…

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