Mining Indaba 2024 explores the just energy transition and asks – What does it mean to be just? The global energy transition is driving huge growth in the demand for critical minerals, which are found in abundance on the African continent. Mining Indaba’s Sustainability Series will ask what it means to be just in a…
Nigeria Sets Sights on Energy Security with Hydrogen Gas Production Roadmap Key Takeaways: Nigeria’s government, aiming for energy security, plans to launch a roadmap for hydrogen gas production. This commitment aligns with President Bola Tinubu’s vision to unlock the nation’s natural gas potential for growth and development. Minister of State for Petroleum Resources, Chief Ekperikpe Ekpo, emphasized partnership with…
Navy Arrests 11 Suspected Oil Thieves in Rivers State, Hands Them Over to NSCDC Key Takeaways: The Nigerian Navy Ship NNS Pathfinder apprehended 11 individuals suspected of oil theft near Krakrama Creek in Rivers State. The suspects were nabbed while transporting materials used for constructing illegal refineries, including metal plates, angle iron, and gas cylinders….
NDDC Equips 200 Niger Delta Youths with Welding Skills, Boosts Job Opportunities The Niger Delta Development Commission (NDDC) has empowered 200 youths from across the region with valuable welding and fabrication skills, opening doors to potential careers in the critical oil and gas, construction, and manufacturing sectors. Marking the graduation ceremony in Port Harcourt, NDDC…
NERC Grants Alaro City Dual Power Licenses: 10MW Generation & Independent Distribution The Nigerian Electricity Regulatory Commission (NERC) has issued two key licenses to Alaro Connect Free Zone Enterprise, boosting private involvement in the nation’s power sector. This move aims to enhance electricity generation and distribution within the Alaro City development in Epe, Lagos State….
Mining Indaba 2024: Deep Dive into the Just Energy Transition and its Implications for Africa Mining Indaba 2024 is taking center stage as the leading platform for exploring the complexities of the just energy transition in Africa. With its abundance of critical minerals – the building blocks of clean energy technologies – Africa sits at…
Meter Manufacturers Seek Government Intervention to Tackle Forex Crisis, Inflation and Instability in Metering Sector The Association of Meter Manufacturers of Nigeria (AMMON) has called on the President Bola Tinubu-led government to take urgent action to address the challenges facing the metering sector, including foreign exchange fluctuations, inflation, and instability. AMMON, which represents the interests…
TotalEnergies Embraces All Facets of Energy in Nigeria, Pledges Commitment to Renewables TotalEnergies, a leading international energy company, is solidifying its position as a comprehensive player in the Nigerian energy landscape, actively participating in all segments from upstream exploration to downstream retail. This was the message Dr. Charles Ebereonwu, Country Communication Manager for TotalEnergies in…
CBN Releases $500 Million to Address Forex Backlog, Aims for Stable Naira and Investor Confidence Nigeria’s Central Bank (CBN) continues its efforts to ease foreign exchange (FX) liquidity issues, injecting another $500 million into various sectors to clear verified liabilities. This move follows last week’s disbursement of approximately $2.0 billion to settle outstanding commitments in…
Household Kerosene Prices Soar in December 2023, Burdening Nigerian Consumers A spike in the average retail price of household kerosene (HHK) cast a shadow on Nigerian households in December 2023, according to the National Bureau of Statistics (NBS). Consumers grappled with a 5.84% increase in the average price per liter compared to November 2023, shelling…