Renewed Interest to Put Nigeria on World Petrochemical Map
By Gideon OsakaNigeria is home to significant reserves of petroleum and natural gas, and has been major producer of crude oil for many years. Although the petrochemical segment of the industry has not experienced corresponding!-->!-->!-->!-->!-->…
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As FG Interventions Crash, Cooking Gas Prices Skyrocket
By Ese Ufuoma
A major supply crisis is rattling the domestic Liquefied Petroleum Gas (LPG) sector as the price of LPG commonly known as cooking gas continue to rise astronomically and uncontrollably in the country.This situation!-->!-->!-->!-->!-->!-->!-->…
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BUA Cement Grapples with Pricing Pressure, Responds to Civil Society’s Demands
By William Emmanuel Ukpoju
In response to mounting pressure from Civil Society groups, BUA Cement has defended its actions regarding the promised price reduction of cement to N3,500 per bag.Speaking to journalists, Kabir Rabiu,!-->!-->!-->!-->!-->!-->!-->…
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Scandal: Tinubu Cracks Down on REA Officials Amid N1.2bn Fraud
By William Emmanuel UkpojuIn a swift response to allegations of financial misconduct within the Rural Electrification Agency (REA), President Bola Ahmed Tinubu has taken decisive action by suspending the Managing Director/CEO and!-->!-->!-->!-->!-->…
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NCDMB Plays Leading Role at SAIPEC 2024
By Ese UfuomaNigerian Content Development and Monitoring Board (NCDMB), Africa's beacon of local content development took centre stage at the 8th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in!-->!-->!-->!-->!-->…
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Nigeria Targets 50% Fare Reduction on Gas Utilization
By Yange Ikyaa
The Nigerian government is looking to gas for a solution to the high cost of transport fare in the country.This is according to the Minister of Information and National Orientation, Mohammed Idris, who recently!-->!-->!-->!-->!-->!-->!-->…
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How Escravos will Benefit from Nigeria’s $27bn Deal with Japan
By Yange Ikyaa
A recent deal between Nigeria and Japan will see one of Nigeria’s most important energy hubs benefit from a $27.29-billion investment for the development of an important oil and gas project.The project, which is!-->!-->!-->!-->!-->!-->!-->…
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Nigeria, Far from Net-zero Commitment ― Analysts
By Abubakar IsmailDespite making strides to achieve its net-zero commitment, Nigeria is still facing significant challenges in the direction of implementing measures geared towards realising its 2060 climate goal. Experts emphasize!-->!-->!-->!-->!-->…
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Power Grid Collapse in Akwa Ibom Linked to Gas Constraints
By Abubakar IsmailThe Transmission Company of Nigeria, TCN has identified gas constraints at the Ibom Power Plant as the cause of a recent power grid collapse affecting several transmission substations in Akwa Ibom State, according!-->!-->!-->!-->!-->…
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The Menace of Artisanal Refineries
By William Emmanuel UkpojuIn the heart of Nigeria's Niger Delta, a battle rages against the scourge of illegal refineries, a menace that threatens not only the region's environment but also the nation’s economic prosperity. In!-->!-->!-->!-->!-->…
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