Industry

The Federal Executive Council (FEC) has approved four critical reforms aimed at strengthening Nigeria’s national electricity grid and addressing the country’s power sector challenges. The approval, announced on Wednesday, comes as…
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*Power transmission substation. Nigeria has approved a phased plan to refinance 4 trillion naira ($2.61 billion) in electricity sector debt to help stabilise the nation’s ailing power industry and improve supply, its finance minister…
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…Plan Collaboration with APPO, AU Oil and gas service providers across Africa have formed a continental forum known as the African Local Content Organisation (ALCO), with the goal of collaborating among themselves to deliver complex…
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Wale Edun, the minister of finance and coordinating minister of the economy, says he presented a proposal to the federal executive council (FEC) to enable the federal government to clear the N4 trillion debt owed to power generation…
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President Bola Tinubu has ordered a comprehensive review of all deductions and revenue retention practices by major revenue-generating agencies. These agencies include the Federal Inland Revenue Service (FIRS), Nigeria Customs…
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Alhaji Sayyu Idris Dantata, the founder of MRS Oil Alhaji Sayyu Idris Dantata, the founder of MRS Oil, is a quiet billionaire powering Africa’s energy future. He may not always be in the spotlight, but his impact on Nigeria’s energy…
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*NCDMB, Engr. Felix Omatsola Ogbe (2nd right) with Mr. Jagi Baxi (2nd left) accompanies by Mr. Femi Ogunbi (l), Mr. Bala Aliyu (r) and Mrs. Emem Abraham at the NCDMB liaison office in Lagos.. The leadership of ESSO, successor company to…
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By Danlami Nasir Isah The Society of Petroleum Engineers (SPE) Nigeria Council has ignited a united call for bold action toward a cleaner, more secure energy future, as it wrapped up the 2025 Nigeria Annual International Conference…
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By Obinna Ezeobi, PhD Nigeria’s local content successes in the oil and gas industry was a constant reference point in discussions at the opening day of the 2025 Namibia Oil and Gas Conference, which began on Tuesday at Windhoek,…
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For decades, Nigeria has lived in a bitter contradiction: one of Africa’s largest economies, abundant energy resources, and a globally acclaimed entrepreneurial people. Yet, one of the lowest electricity access rates in the world.…
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