Nigeria Unveils CNG Plant in Lagos to Counter Petrol Subsidy Removal Lagos, Nigeria – In a move to ease the impact of petrol subsidy removal and provide alternative fuel options, the Federal Government of Nigeria has commissioned a new Compressed Natural Gas (CNG) plant in Lagos. Key Points: 5.2 mmscfd CNG Plant Launched: The 5.2…
Government Considers Special FX Access for Power Plants to Boost Electricity Supply Nigeria – The Federal Government is exploring ways to provide electricity generation companies (GenCos) with easier access to foreign exchange (forex) for maintenance and operations. This initiative aims to address a critical bottleneck hindering national power generation. Minister Adelabu Announces Initiative: The Minister…
NNPC Uncovers 122 Illegal Refineries in Renewed Drive Against Oil Theft Fuel Station Sealed for Selling Illegally Refined Product In a robust effort to combat oil theft, the Nigerian National Petroleum Company Limited (NNPC) has uncovered 122 illegal oil refining sites across the Niger Delta region in the past week. Additionally, a fuel station in…
Bridging the Gap: Decade of Gas Secretariat Trains Media to Drive Gas Sector Growth The Decade of Gas Secretariat recently conducted a pivotal training session for influential energy journalists at Eko Hotels and Suites, Victoria Island, Lagos. This one-day event, titled “Gas Basics and Awareness,” aimed to deepen participants’ understanding of the gas sector to…
Aigboje Aig-Imoukhuede Honoured with African Banker Lifetime Achievement Award …Visits President William Ruto of Kenya Aigboje Aig-Imoukhuede, CON, Chairman of Access Holdings PLC and Coronation Group, has been awarded the prestigious African Banker Lifetime Achievement Award. This distinguished accolade was presented during the African Banker Awards gala dinner, held in Nairobi, Kenya, in conjunction with…
Dangote Cement Trucks to Run on CNG by 2025 Dangote Cement Plc has announced plans to convert thousands of its delivery trucks to run on Compressed Natural Gas (CNG) by 2025. This initiative aligns with the Federal Government’s agenda to adopt alternative fuels for official vehicles. Alhaji Aliko Dangote, Chairman of Dangote Cement Plc, shared…
Marine and Blue Economy Ministry Generates N242bn in Q1 2024 The Ministry of Marine and Blue Economy, led by Minister Adegboyega Oyetola, reported a substantial revenue of N242 billion in the first quarter of 2024. This marks a significant 92 percent increase from the N126 billion generated in the same period in 2023. During a…
FG Begins Distribution of Free Gas Cylinders to One Million Homes As part of its efforts to promote clean cooking energy across Nigeria, the Federal Government has launched a program to distribute free cooking gas cylinders to one million homes. The initiative aims to transition at least one million households to clean cooking gas by…
NLNG Celebrates 35 Years of Building a Better Nigeria The Nigeria Liquefied Natural Gas (NLNG) is celebrating 35 years of significant contributions to Nigeria’s development through natural gas. Incorporated on May 17, 1989, NLNG was established to harness Nigeria’s vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs). Since…
NDPHC: Nurturing Engineering Talent Through Internship Program The Niger Delta Power Holding Company (NDPHC) Limited is advancing its Corporate Social Responsibility (CSR) with a robust Internship Program designed to provide practical experience to young Nigerian engineering graduates from across the nation’s six geopolitical zones. The inaugural cohort of interns spent a year working at various…