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…
Platform Petroleum Aims for Billion-Dollar Investment with Ambitious Expansion Plans Platform Petroleum is setting its sights on a billion-dollar investment as it unveils an ambitious strategic plan to bring three marginal fields into production by 2025. The company aims to achieve a daily output of 10,000 barrels of oil and at least 50 billion standard…
Electricity Market Panel Submits Report to NERC The initial Stakeholder Advisory Panel, iSAP, for the Nigerian Electricity Supply Industry, NESI, has wound up and submitted a report of its activities to the Nigerian Electricity Regulatory Commission, NERC. iSAP was set up in 2021 in line with the operational market rules with the responsibility to recommend to…
Customs Launches Operation Whirlwind to Combat Petrol Smuggling In a bid to staunch the flow of petroleum products across its borders, the Nigeria Customs Service has initiated a specialized tactical initiative dubbed Operation Whirlwind. Headed by the Comptroller-General, Adewale Adeniyi, this task force aims to curb the illicit trade of petrol into neighboring countries. During…
Nigeria’s Prepaid Meter Installation Reaches 44.39%: NERC Report The latest figures released by the Nigerian Electricity Regulatory Commission (NERC) reveal that Nigeria has made progress in prepaid meter installations, albeit at a modest rate. Currently, out of the 13,162,572 registered electricity customers in the country, 5,842,726 have prepaid meters installed, representing approximately 44.39% coverage. According…
Kyari Wins Champion Newspapers’ Most Outstanding Energy Icon Award …Says NNPC Ever Committed to Nigeria’s Energy Security Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has won the Champion Newspapers’ 2023 Most Outstanding Energy Icon of the Year. Kyari was conferred with the honour during the newspaper’s annual awards ceremony held at the…
Seplat Energy Earns Recognition for National Scholarship Program. Lagos, Nigeria – Seplat Energy, a leading Nigerian energy company, has been applauded by the Oil & Gas Trainers’ Association of Nigeria (OGTAN) for its exceptional National Human Capital Development (HCD) Scholarship Scheme. OGTAN Recognition: OGTAN acknowledged Seplat Energy’s dedication to building long-term human capacity through its…