July 07, 2022
Nigeria: Govt Backs Fidelity Bank's Takeover of Benin, Kano, Kaduna Discos Over Insolvency
The federal government has announced the takeover of three non-performing electricity distribution companies, namely Kano Disco, Kaduna Disco and the Benin Electricity Distribution… Read more »
June 22, 2022
Nigeria: NNPC Restructuring Its Businesses to Meet Energy Transition Demands - Kyari
The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, said yesterday that in preparation for the much-talked-about energy… Read more »
June 20, 2022
Nigeria: UN High-Level Climate Action Champion Rallies Support for Green Energy Transition
The United Nations High Level Champion for COP26, Nigel Topping, has emphasised the importance of enhanced resilience to climate change, even as he rallied support for green energy… Read more »
Nigeria: Nigeria Can Increase Power Generation to 20,000 Mega Watts in Five Years, Says Peter Obi
The presidential standard bearer of Labour Party and former governor of Anambra State, Mr. Peter Obi, who just returned from a three-day trip to Egypt, has said he went to Egypt to… Read more »
June 16, 2022
Nigeria: With $64bn Total Assets, NNPC Targets 2026 to Achieve Nigeria's Energy Sufficiency
With assets in excess of $64 billion, the Nigerian National Petroleum Company (NNPC) Limited said yesterday that it's focusing on 2026 to achieve energy sufficiency for the… Read more »
Nigeria: World Bank Says U.S.$100 Billion Needed to Solve Erratic Power Supply
As Nigerians continue to contend with erratic power supply, the World Bank has said the country would need about $100 billion in the next 10 years to tackle the challenge which has… Read more »
June 14, 2022
Nigeria: Nigeria, Other African Countries' Energy Demand to Grow 30% By 2040 - Report
Although richer nations continue to push for the abandonment of fossil fuels, the demand for energy in Africa will grow by at least 30 per cent in Nigeria and other African… Read more »
June 06, 2022
Nigeria: Power Sector Collapse Imminent, Stakeholders Warn
Stakeholders in Nigeria's power sector have warned that the sector faces imminent collapse as a results of a myriad of challenges. Read more »
June 03, 2022
Nigeria: Nigeria's Power Generation Cannot Support Economic Growth, Says Power Minister
The Minister of Power, Mr. Abubakar Aliyu, yesterday admitted that Nigeria's current electricity generation was incapable of powering the economy of over 200 million Nigerians. Read more »
Nigeria: Renewable Energy - Brace Up for Challenges, Opportunities, Buhari Tells African Leaders
President Muhammadu Buhari has urged Minister's of Mines and Energies across Africa to as a matter of urgency brace up for the challenges and opportunities that will come with… Read more »
June 01, 2022
Nigeria: Hasty, Impulsive Decisions Will Lead to Disorderly Energy Transition - Barkindo
Outgoing Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Sanusi Barkindo, has again warned against taking decisions on the current global energy… Read more »
May 25, 2022
Nigeria: Clean Fuels - Nigeria, Others Require $15.7bn to Upgrade Existing Refineries, Says Refiners Association
The African Refiners and Distributors Association (ARDA) has said Nigeria and other African countries would need at least $15.7 billion to upgrade existing refineries in their bid… Read more »
May 24, 2022
Nigeria: Lagos Develops Off-Grid Electrification Strategy, Action Plan
The Lagos State Government, through the Ministry of Energy and Mineral Resources, yesterday announced that it had developed the Lagos State Off-Grid Electrification Strategy and… Read more »
Nigeria: Nigeria Imports Refined Petroleum Products Worth $28bn Yearly, Says Energy Consultant
The cost of importing petroleum products of all kinds into Nigeria has soared to over $28 billion on an annual basis, Blackgold Energy Authorities, an oil and gas consulting and… Read more »
May 23, 2022
Nigeria: Growing Inflation Eroding Purchasing Power of Nigerians - Report
Most Nigerians are no longer be able to afford major expenditure on discretionary or non-essential goods and services as inflation has continued to take its toll on their… Read more »
May 18, 2022
Nigeria: In Historic Deal, Afreximbank, African Oil Producers Sign Agreement to Float Energy Bank
Africa's multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a deal with the African Petroleum Producers Organisation (APPO) for the… Read more »
May 17, 2022
Nigeria: Three Nigerian Firms Seal $25m Deal to Power Businesses At Lagos Free Zone With Gas Infrastructure Devt
A consortium of three Nigerian indigenous upstream and midstream gas companies - Falcon Corporation, ND Western Midstream Limited and First Hydrocarbon Nigeria (FHN) Gas Limited -… Read more »
May 12, 2022
Nigeria: Govt Insists On Right to Select Head of West African Gas Authority
The federal government has insisted that it wasn't in breach of any part of the treaty setting up the West African Gas Pipeline Authority (WAGPA) by the selection of a Nigerian to… Read more »
May 10, 2022
Nigeria: Clean Fuel Sources Could Create $27trn Global Energy Market By 2050, Says Expert
The search for cleaner sources of energy couldcreate a $27 trillion market opportunity for manufacturers across the world by 2050, an expert with the International Energy Agency… Read more »
May 09, 2022
Nigeria: Govt to Develop Solar Energy As Backup for National Power Grid
The federal government has said that it is ramping up solar energy supply which could serve as backup during national grid collapses since the central electricity supply system has… Read more »
April 27, 2022
Nigeria: Siemens Deal - Electricity Supply Equipment to Begin Arriving From Germany in September
The much-awaited actual take-off of the Siemens power deal is expected to experience a major leap in September, when electricity equipment like transformers and mobile power… Read more »
April 26, 2022
Nigeria: Wabote - Global Energy Transition Growth Opportunity for Nigeria's Oil, Gas Industry
The ongoing disruptions in the international energy industry present a unique opportunity for the Nigerian oil and gas industry to attract investments and serve as one of the… Read more »
Africa: Climate Resilience, Just Energy Transition Focus of AfDB 2022 Meetings
The African Development Bank Group's Annual Meetings in May will focus on the impact of climate change on Africa and the need for a just energy transition on the continent, the… Read more »
January 08, 2007
Nigeria: 500,000 Jobs Expected From Renewable Energy
National Coordinator, Council of Renewable Energy in Nigeria, Mr Odigha Odiagha, has predicted that exploitation of the country's renewable energy potential could create avenues… Read more »