Nigeria’s Fuel Subsidy Heavily – Adebayo
By Adaobi Rhema Oguejiofor
The Chief Executive Officer of CFG Advisory, Mr Tilewa Adebayo, has said that fuel subsidy removal has been heavily politicized amidst Nigeria’s rising debt profile.Adebayo disclosed this in an!-->!-->!-->!-->!-->!-->!-->…
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No Consensus with State Governors on Fuel Subsidy Palliatives – FG
By Moses Patience ChatThe Federal Government on Wednesday said it is yet to arrive at a consensus with state governors on efforts to set up palliative measures ahead of the June 2023 deadline for the termination of fuel!-->!-->!-->!-->!-->…
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Sahara Group Solicits Collaboration to Meet Africa’s Energy Investment Needs
By Adaobi Rhema OguejioforThe Executive Director of Sahara Group, Wale Ajibade, has said that Africa requires enabling energy policies, effective regulatory frameworks, as well as investments and collaboration in order to meet the!-->!-->!-->!-->!-->…
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NCC’s New Policy to Promote Clean Energy Use among Telecom Companies
By Adaobi Rhema Oguejiofor
The Nigerian Communications Commission (NCC) has said that it is developing a policy in order to promote the use of clean energy sources among telecommunication companies.NCC's Executive Vice Chairman!-->!-->!-->!-->!-->!-->!-->…
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Afreximb Introduces 5-Year Investment Plan to Enhance Energy Transition in Africa
By Moses Patience Chat
The African Export-Import Bank (Afreximb) has introduced a five-year strategic plan, spanning through 2022 to 2026 in order to enhance energy transition in Africa by catalyzing investments into infrastructure
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ARDA Calls for Reopening of Refineries to Meet Energy Transition Demands in Africa
By Adaobi Rhema Oguejiofor
The African Refiners and Distributors Association (ARDA) has asked Africa to prioritize its energy security as a short-term goal, despite the push for energy transition.At its event which is ongoing in!-->!-->!-->!-->!-->!-->!-->…
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NNPCL Urges Global Cooperation for Energy Investments in Africa
By Adaobi Rhema OguejioforThe Nigerian National Petroleum Company (NNPC) Limited has said that energy transition is a gateway to energy security. It also called for global cooperation for the purpose of energy investments in!-->!-->!-->!-->!-->…
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Fuel Price Hike, Scarcity Imminent Over Poor – IPMAN
By Moses Patience ChatThe Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday said there has been lopsidedness in the distribution pattern of Premium Motor Spirit ( PMS), also known as petrol, stressing that!-->!-->!-->!-->!-->…
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Africa’s Electricity Demand to Rise by 4.1% in 2025 – IEA
By Moses Patience Chat
The International Energy Agency (IEA) has projected a rise in Africa's electricity demand by 4.1 per cent in the next two years.This was revealed in the latest electricity market report by the Agency,!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Nigeria is Still Africa’s Top Crude Oil Producer – OPEC
By Adaobi Rhema OguejioforThe Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria, after its 1.3 million barrels per day crude oil production in February, is still Africa's top crude oil producer, surpassing!-->!-->!-->!-->!-->…
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