By Olakunle Oke President Bola Ahmed Tinubu has nominated Mr. Joseph Olasunkanmi Tegbe as the new Minister of Power, subject to confirmation by the Senate. The nomination, which has been formally transmitted to the National Assembly for screening in line with constitutional provisions, follows the resignation of the former minister, Adebayo Adelabu, who stepped down…
By Seun Ibiyemi A prolonged blackout may be looming in Lagos State following the sudden shutdown of the Egbin Power Station and a simultaneous outage on a major transmission line supplying the state. The development has triggered a significant reduction in electricity generation, worsening power supply challenges across Nigeria, with the Lagos region expected to…
By Seun Ibiyemi The Nigerian National Petroleum Company (NNPC) Limited has announced the successful completion of the River Niger Crossing on the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major milestone in Nigeria’s gas infrastructure expansion. The company said the achievement unlocks the full potential of the OB3 Pipeline, a strategic national asset designed to…
By Seun Ibiyemi The Nigerian National Petroleum Company (NNPC) Limited has commissioned and handed over three rehabilitated 100-bed capacity wards at the National Orthopedic Hospital, Igbobi, Lagos, as part of its Corporate Social Responsibility (CSR) initiatives aimed at improving healthcare delivery in Nigeria. The intervention, carried out through the NNPC Foundation Ltd./Gte., the CSR arm…
By Seun Ibiyemi President Bola Ahmed Tinubu has approved the removal of Mr. Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in what the Presidency described as a decision taken in the public interest. The President also approved the nomination of Mr. Rabiu Abdullahi Umar as…
By Seun Ibiyemi The NNPC Foundation Ltd./Gte has continued its Corporate Social Responsibility (CSR) drive on financial literacy with the second 2026 National Youth Service Corps (NYSC) skills empowerment training for Batch A, Stream 2 corps members at the FCT NYSC Orientation Camp, Kubwa, Abuja. The programme, held over the weekend, was delivered in partnership…
By Seun Ibiyemi The Federal Government has inaugurated the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), charging members to uphold transparency, accountability, and regulatory independence in the nation’s petroleum sector. The Secretary to the Government of the Federation (SGF), Sen. George Akume, gave the charge on Tuesday in Abuja during the formal inauguration…
By Seun Ibiyemi The National Bureau of Statistics (NBS) says the average retail price of Premium Motor Spirit (PMS), popularly known as petrol, rose sharply from ₦1,051.47 per litre in February to ₦1,288.54 in March 2026. The NBS disclosed this in its Petrol Price Watch for March released on Tuesday in Abuja. According to the…
By Seun Ibiyemi The United Arab Emirates (UAE) has formally announced its decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, marking a major shift in global oil politics amid rising tensions across the Middle East. The decision, which will take effect from May 1, 2026, was…
By Seun Ibiyemi Nigeria’s state-owned energy giant, the Nigerian National Petroleum Company Limited (NNPCL), has recorded its highest crude oil production in five years, reaching 1.171 million barrels per day (mbpd) under the leadership of its Group Chief Executive Officer, Engr. Bashir Bayo Ojulari. The milestone formed part of the company’s one-year performance report titled…
