…Says Tinubu committed to rural electrification By Seun Ibiyemi The Managing Director of the Rural Electrification Agency (REA), Dr. Abba Aliyu, has lauded the appointment of former Ekiti State Governor, Ayodele Fayose, as chairman of the agency’s governing board, describing the move as a demonstration of President Bola Tinubu’s commitment to expanding electricity access across…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced 31 companies as winners of 37 oil and gas blocks in the 2025 Licensing Round, following a competitive bidding process that attracted 200 bids from 143 companies. The successful bidders emerged at the commercial bid conference held on Tuesday at the Transcorp Event…
The supply of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, rose by 24 per cent month-on-month to 5.1 metric tonnes per day in June 2026 from 4.1 metric tonnes per day recorded in May. The latest figures were contained in the June 2026 fact sheet released by the Nigerian Midstream and Downstream Petroleum…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has dismissed reports claiming that its members suspended the lifting of Premium Motor Spirit (PMS), popularly known as petrol, from the Dangote Refinery. IPMAN’s National Publicity Secretary, Chinedu Ukadike, debunked the claims in an interview on Monday, insisting that marketers have continued to load petroleum products from…
By Seun Ibiyemi President Bola Ahmed Tinubu has approved the appointment of 26 individuals into the boards and leadership of 10 federal agencies and commissions, naming former Ekiti State governor, Ayo Fayose, as chairman of the Rural Electrification Agency (REA). The appointments, announced on Monday in a statement by the President’s Special Adviser on Information…
By Seun Ibiyemi The African Atlantic Gas Pipeline (AAGP) project has received a major boost after Heads of State and Government of member countries of the Economic Community of West African States (ECOWAS) signed the Intergovernmental Agreement (IGA) for the multi-billion-dollar energy initiative at the regional bloc’s summit in Freetown, Sierra Leone. The latest endorsement…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed concern over the recent increase in petroleum product import licences, warning that the development could heighten price volatility, put additional pressure on the naira and drive up the cost of petrol across the country. IPMAN’s National Publicity Secretary, Chinedu Ukadike, said on Sunday that the…
By Seun Ibiyemi Sahara Group Foundation has strengthened its environmental sustainability efforts with the inauguration of two new Sahara Go Recycling Hubs in Jigawa and Kaduna states, expanding access to structured waste management and economic opportunities in Northern Nigeria. The recycling hubs, located at Gidan Hakimi in Shuwarin Local Government Area of Jigawa State and…
By Seun Ibiyemi Stakeholders in Nigeria’s power and development sectors have stressed the need for improved electricity access to drive productivity, create jobs and accelerate economic growth across the country. The call was made on Wednesday during the National Stakeholders Engagement Workshop organised by the Rural Electrification Agency (REA) in Abuja in collaboration with the…
By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government to immediately restore full commercial operations at the Port Harcourt, Warri and Kaduna refineries, warning that the country’s energy security should not depend on a single supplier. In a statement issued on Wednesday, PETROAN President, Dr. Billy…
