Tinubu Reconstitutes NERC Board Following Senate Confirmation President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the confirmation of its members by the Senate on December 16. The reconstituted board is expected to strengthen regulatory oversight and deepen ongoing reforms in Nigeria’s power sector in…
Engineers Farouk Ahmed, Gbenga Komolafe Resign as President Tinubu Nominates New Heads of NMDPRA, NUPRC for Senate Approval President Bola Ahmed Tinubu has formally requested the Senate to approve the nominations of two new chief executives for Nigeria’s petroleum sector regulators—the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory…
Shettima Reaffirms Federal Government’s Commitment to Power Sector Reforms as NDPHC Marks 20 Years of Impact Vice President Kashim Shettima has restated the Federal Government’s unwavering commitment to deepening reforms in Nigeria’s power sector, as the Niger Delta Power Holding Company (NDPHC) celebrated its 20th anniversary. Speaking on Wednesday at the anniversary ceremony held at…
TREXM Holdings Strengthens Commitment to Sustainability Through Community Cleanups and the Launch of a School Sustainability Club Lagos, December 16th: For Immediate Release – TREXM Holdings has reaffirmed its commitment to building safer, cleaner, and more sustainable communities through the launch of its environmental cleanup initiative in partnership with the African Cleanup Initiative (ACI); a…
LEADERSHIP CHANGES AT NIGERIAN PETROLEUM REGULATORY AGENCIES Two Regulatory Chiefs Resign Amid Controversy; Tinubu Nominates Successors President Bola Ahmed Tinubu has forwarded to the Senate two nominations for the chief executive positions of Nigeria’s principal oil sector regulators, following the resignation of Engineer Farouk Ahmed from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)…
TotalEnergies Divests 50% of 424 MW Portfolio in Greece In line with its renewables business model, TotalEnergies has closed the sale to Asterion Industrial Partners of 50% of its 424 MW wind and solar portfolio in Greece. This transaction values the portfolio at €508 million, equivalent to approximately €1.2 million per MW installed. TotalEnergies retains…
THE POWER TWINS OF NIGERIAN ENERGY The Power Twins of Nigerian Energy: Meet the Falade Brothers In the competitive corridors of West Africa’s oil and gas industry, a rare biological and professional phenomenon is unfolding. Gbite and Leye Falade are more than just contemporaries. They are identical twins whose lives have mirrored one another from…
Seplat Energy Appoints Mohammed, Ettah as Independent Non-Executive Directors Seplat Energy has announced the appointment of Engineer Saidu Aliyu Mohammed and Mr. Larry Ephraim Ettah as Independent Non-Executive Directors, effective January 1, 2026. The appointments come following the resignations of Mr. Bello Rabiu and Mr. Babs Omotowa from the Board in April 2025, who were…
CORRUPTION: Farouk Moves to Pay over N200bn Bridging Claims as Dangote Petitions ICPC The Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, is facing intensifying scrutiny following moves to pay more than N200 billion in outstanding bridging claims to oil marketers, even as the President of Dangote Group, Aliko…
NNPC Confirms Containment of Breach on Escravos–Lagos Pipeline NNPC Limited has confirmed the successful containment of an incident reported on Thursday, December 11, 2025, involving a section of the Escravos–Lagos Pipeline System (ELPS) in South-West Warri, Delta State. In an update issued on Friday, the national oil company said coordinated containment measures had been swiftly…
