FG Orders Power Sector Overhaul, Replaces Ageing Engineers With 1,200 Newly Trained Professionals
Minister of Power, Chief Adebayo Adelabu, has unveiled an urgent 10-year rescue plan to revive the manpower shortage in the electricity sector, mandating the training of not less than 1,200 electrical engineers within the next decade!-->!-->!-->…
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$2.9bn Refinery Fraud: Presidency source reveals what Tinubu said
There are strong indications that President Bola Ahmed Tinubu is actively overseeing the ongoing investigations into the past leadership of the Nigerian National Petroleum Company Limited (NNPC).According to Leadership, this!-->!-->!-->!-->!-->…
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NNPC Made Profit Of $2b, But Came Back To Tell Govt “We Didn’t Make Profit” —…
Professor Izielen Agbon, a renowned petroleum engineering expert, has alleged the existence of a powerful oil cabal comprising international companies, local partners, and insiders within the Nigerian National Petroleum Company (NNPC).!-->!-->!-->…
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FG ratifies power sector road map, adopts national integrated electricity policy
The Federal Government has formally ratified and adopted a road map for the Nigerian Electricity Supply Industry ( NESI) by approving the National Integrated Electricity Policy( NIEP).The policy which had been ready since December!-->!-->!-->!-->!-->…
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Retailers kick as FG reopens border filling stations, while some remain shut
File photo to illustrate storyIn a bid to clamp down on the activities of smugglers moving petroleum products from Nigeria to neighbouring countries, the federal government shut down over 400 filling stations in border communities in!-->!-->!-->…
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Electricity: Nigerian govt pledges to offset N4 trillion debt to GenCos
The federal government has pledged to address the N4 trillion debt owed to Power Generation Companies (GenCos) in the country.In a statement Sunday evening, Bolaji Tunji, Special Adviser on Strategic Communication and Media!-->!-->!-->!-->!-->…
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EFCC’s Exclusion of Adedapo Segun in NNPC Probe Puzzling, say CSOs
The decision by the Economic and Financial Crimes Commission (EFCC) to exclude the Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPC), Mr. Adedapo Segun, from the ongoing probe of the national oil!-->!-->!-->…
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You Want Cheap Petrol? Then Be Ready to Pay the Price of Market Failure – Prof. Iledare
Prof.Wumi Iledare
In a recent economic analysis, Prof. Wumi Iledare highlighted the complex dynamics behind Nigeria’s fuel pricing system, emphasizing that the reality of the market cannot be ignored or selectively applied.!-->!-->!-->!-->!-->…
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IMF Warns Of Structural Risks, As Nigeria Sings Recovery
(File photo).One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap between Nigeria's economic self-assessment and that of the Bretton Woods institutions. While!-->!-->!-->…
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Like Emefiele, Like Mele: How Kyari’s Desperate Grip On Power Led To Dishonourable Fall
They never see it coming, the fall. One minute, they’re draped in the silk of state power, voices thundering across boardrooms and briefings; the next, they are footnotes in their own tragedies.Mele Kyari, once the oil czar of!-->!-->!-->!-->!-->…
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