By Seun Ibiyemi The Federal government through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has intensified efforts to attract global investors to Nigeria’s oil and gas sector, declaring that government reforms have created a stable and competitive environment for investments. Speaking at the CERAWeek by S&P Global in Houston, Lokpobiri described Nigeria’s…
By Seun Ibiyemi The Executive Vice President, Upstream at NNPC Limited, Udy Ntia, has highlighted Nigeria’s rising profile as a leading destination for global energy investment at the ongoing CERAWeek. Speaking at a high-level session titled “Data-Rich, Infrastructure Ready: The Competitive Edge of Proven Super Basins,” Ntia said improved fiscal stability, regulatory certainty, and a…
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has inaugurated the Forum of Nigerian Electricity Regulators (FONER) in a move to deepen coordination and improve regulatory efficiency across the country’s electricity sector. Speaking at the first quarter 2026 Regulatory Meeting with State Electricity Regulators in Lagos, NERC Chairman, Musiliu Oseni, described the initiative as…
By Seun Ibiyemi The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has hosted a delegation from the Energy and Water Utilities Regulatory Authority (EWURA) as part of efforts to strengthen regulatory knowledge and promote cross-border collaboration in the gas sector. Speaking during the visit, Dr Mustapha Lamorde, Executive Director, Health, Safety, Environment and Community,…
By Seun Ibiyemi Nigeria’s Minister of Power, Adebayo Adelabu, has announced that the Federal Government is implementing urgent measures to address gas supply constraints responsible for the country’s persistent electricity shortages. Speaking at a press conference in Abuja on Tuesday, Adelabu acknowledged widespread public frustration over poor power supply, attributing the situation largely to inadequate…
By Seun Ibiyemi The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has outlined a pragmatic roadmap for Nigeria’s energy future, stressing that the country’s success will depend on disciplined execution, strategic partnerships, and clear value delivery. Ojulari made the remarks on the opening day of CERAWeek 2026, widely regarded as the…
By Seun Ibiyemi The Nigerian Independent System Operator (NISO) has clarified that electricity generated in the country has been consistently dispatched and fairly distributed to all Electricity Distribution Companies (DisCos), despite recent supply challenges. In a statement issued on Monday in Abuja, the system operator dismissed claims that any DisCo was allocated zero megawatts of…
… Calls for merger of Ministries of Petroleum and Power into Ministry of Energy By Seun Ibiyemi The Nigeria Labour Congress (NLC) has rejected a proposed N6 trillion bailout for power generation companies, arguing that repeated financial interventions have failed to deliver improved electricity supply across the country. NLC President, Joe Ajaero, made the position…
..Targets 30bcm annual supply By Seun Ibiyemi The Federal Government has made progress on its proposed transcontinental gas pipeline project aimed at transporting Nigeria’s vast natural gas reserves to European markets. The pipeline, still at an early development stage, is being driven by a consortium of global industry players. It will undergo extensive technical, commercial,…
By Seun Ibiyemi Electricity supply across Nigeria has remained unstable, with industry operators blaming the situation on persistent gas shortages and unresolved payment issues within the power sector. Power generation companies (GenCos) said inadequate gas supply has significantly reduced their ability to generate electricity, resulting in frequent outages and load shedding across many parts of…
