Category: Energy

By Seun Ibiyemi The Rural Electrification Agency (REA) has signed two major Memoranda of Understanding (MoUs) with the Nigerian Commodity Exchange and the Young Innovators of Nigeria aimed at accelerating Nigeria’s clean energy transition, strengthening agro-industrial productivity, and driving innovation-led economic development. The agreements, according to the agency, reflect REA’s expanding role beyond electricity access,…

By Seun Ibiyemi The Minister of Solid Minerals Development, Dele Alake, has said the removal of fuel subsidy by the administration of President Bola Ahmed Tinubu in 2023 prevented Nigeria’s economy from collapsing. Alake stated this during the 2026 Nigeria Revenue Service-Ministry of Solid Minerals Development Joint Stakeholder Sensitisation Programme for the North Central zone….

By Olakunle Oke The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, has announced the restoration of the 450-megawatt Alaoji Open Cycle Power Plant in Abia State to the national grid after a three-year shutdown caused by gas supply and metering disputes. Adighije disclosed this during…

Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) says the lawsuit filed by the Dangote Petroleum Refinery seeking to void fuel import licences issued to marketers and the Nigerian National Petroleum Company (NNPC) Limited could destabilise Nigeria’s downstream petroleum sector. On March 25, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) eased petrol…

By Seun Ibiyemi The NNPC Foundation has strengthened Nigeria’s healthcare infrastructure with the commissioning and handover of a 1.5 Tesla Magnetic Resonance Imaging (MRI) system to the Nnamdi Azikiwe University Teaching Hospital (NAUTH), Nnewi, Anambra State. The intervention, carried out under the social investment programme of the NNPC Foundation, is expected to significantly improve access…

By Seun Ibiyemi The Rural Electrification Agency (REA) and its partners have launched a $188 million Green Finance Investment Facility (GFiF) aimed at financing 191 megawatts of distributed solar energy projects across Nigeria as part of efforts to expand electricity access and accelerate the country’s clean energy transition. The blended finance platform, unveiled in Lagos…

By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for recent consumer focused reforms aimed at stopping estimated billing within the Lagos electricity market. The Commission particularly welcomed LASERC’s position in the 2025 Lagos Electricity Market Report supporting the enforcement of existing legal provisions…

By Seun Ibiyemi The Dangote Petroleum Refinery significantly expanded its operations in April 2026, increasing petrol supplies to the domestic market while sustaining strong export volumes, according to the latest factsheet released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The report showed that the refinery exported an average of 15.1 million litres…