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Lagos signs MOU with Dutch firm to convert 3,000 tonnes of waste daily into 75MW of electricity
May 29, 2024DistributionGenerationGreen FinanceImpactNewsPower

Lagos signs MOU with Dutch firm to convert 3,000 tonnes of waste daily into 75MW of electricity

… Waste-to-Energy plant sets to be located on Epe landfill, power 40,000 households … “It promises to reduce 550,000 tonnes of CO2 daily, divert 95% of Lagos waste from landfills”- Sanwo-Olu … “It would turn Lagos waste burden to wealth”…

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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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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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NIPCO Gas to develop 35 CNG stations, offers autoCNG at N200-N230/scm against PMS prices of N610-N670/ltr in Lagos, Abuja
April 15, 2024DownstreamGasGreen FinanceMidstreamNewsOil & Gas

NIPCO Gas to develop 35 CNG stations, offers autoCNG at N200-N230/scm against PMS prices of N610-N670/ltr in Lagos, Abuja

… sets to complete 4 CNG stations in Lagos by May …  to expand gas transportation pipeline to Ibadan, distribution network in Lekki Free Zone .. applauds FG/NNPC for confidence in NIPCO’s expertise to revolutionize CNG infrastructure nationwide   NIPCO…

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NCDMB, NLNG conduct inspection in South Korea for Train 7 project fabrication
March 22, 2024DownstreamFinanceGasGreen FinanceLocal ContentMidstreamNews

NCDMB, NLNG conduct inspection in South Korea for Train 7 project fabrication

  Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG are currently have embarked on an onsite out-of-country monitoring visit to South Korea to inspect facilities fabricating Pressure Vessels, Columns, Heat Exchangers, and Filters for…

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Mainstream Energy to co-host IHA roundtable at African Hydropower Week in Abuja
March 19, 2024Energy TransitionGenerationGreen FinanceHydroplantNewsPower

Mainstream Energy to co-host IHA roundtable at African Hydropower Week in Abuja

Oredola Adeola    Mainstream Energy Solutions Ltd (MESL) has announced the plan to collaborate with the International Hydropower Association (IHA) to co-host a High-Level Roundtable during the forthcoming African Hydropower Week in Abuja, Nigeria in May 2024, uniting senior decision-makers…

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Misexpenditure of N1.2bn: President Tinubu suspends Salihijo, 3 other REA Directors  
March 8, 2024Energy TransitionFinanceGenerationGreen FinanceNewsPowerRenewablesSabotage

Misexpenditure of N1.2bn: President Tinubu suspends Salihijo, 3 other REA Directors  

. appoints a new interim management team, led by Aliyu    Oredola Adeola President Bola Tinubu has authorized the indefinite suspension of Ahmed Salihijo, the Managing Director/CEO, and three other key officials at the Rural Electrification Agency (REA) due to…

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 NUPRC defends proposed 2024 closed bids round for oil, gas fields
February 29, 2024FinanceGasGreen FinanceNewsOil & GasUpstream

 NUPRC defends proposed 2024 closed bids round for oil, gas fields

Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to conducting the 2024 closed bids through a rigorous, fair, and competitive process, emphasising that the move was sanctioned under Section 73(1) of the Petroleum Industry Act.…

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Oando leads Nigeria energy transition charge at NIES 2024
February 27, 2024FinanceGreen FinanceHydrogenNewsRenewablesSolar

Oando leads Nigeria energy transition charge at NIES 2024

  Oredola Adeola   Oando PLC, Nigeria’s premier energy solutions provider, has announced the plan to showcase investments in renewables and sustainable energy sources, as one of the companies leading the charge at the 7th Nigeria International Energy Summit (NIES),…

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FG confirms transfer of $1.3 billion Zungeru hydroelectric power plant to Penstock Ltd
February 21, 2024FeatureGenerationGreen FinanceHydroplantPower

FG confirms transfer of $1.3 billion Zungeru hydroelectric power plant to Penstock Ltd

Oredola Adeola The Nigerian Government has confirmed that the transfer of ownership of the Zungeru Hydroelectric Power Plant to Penstock Limited took place on January 23, 2024, following the settlement of the project’s commencement fee on January 5, 2024. Stanley…

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