Author: majorwavesen

  • NDPHC Boss: Optimising Power Infrastructure Key to Nigeria’s Economic Growth 

    NDPHC Boss: Optimising Power Infrastructure Key to Nigeria’s Economic Growth   The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, has said optimising Nigeria’s electricity infrastructure is crucial to unlocking the country’s economic potential and driving industrialisation.  Adighije made the assertion on Wednesday while delivering the Distinguished Alumni Lecture organised by the Department of Electrical and Electronics Engineering, Faculty of Engineering, University of Lagos (UNILAG). The lecture, titled “Optimising Electricity for Powering Nigeria’s New Socio Economic Frontiers,” was held at the Engineering Lecture Theatre. Speaking at her alma mater, Adighije described the occasion as an honour and homecoming, expressing appreciation to the University of Lagos for providing the academic foundation that shaped her career and leadership in Nigeria’s power sector. She said the lecture was timely, given the ongoing reforms in the electricity sector aimed at expanding access, attracting investment and improving service delivery. According to her, electricity has become the “currency of development” in the global economy, with countries that have reliable and affordable power better positioned to attract investment, create jobs, industrialise and improve healthcare, education and living standards. Adighije identified the Electricity Act 2023 as a major milestone in the sector, noting that it empowers states to establish and regulate their electricity markets. She said the legislation had opened up new opportunities for investment, innovation and competition, while creating room for stronger private-sector participation in sub-national electricity markets. The NDPHC boss said the company was repositioning itself to maximise the value of its assets through improved operational efficiency, stronger corporate governance and strategic partnerships. She reaffirmed NDPHC’s commitment to supporting the transformation of the Nigerian Electricity Supply Industry through efficient asset management and infrastructure optimisation. Looking ahead, Adighije expressed confidence in the next generation of engineers, saying they would play a critical role in developing smarter and cleaner energy systems through artificial intelligence, automation, battery storage, smart metering and advanced power electronics. She urged engineering students to embrace continuous learning and professional discipline, stressing the importance of engineering in addressing societal challenges and supporting economic growth. Adighije said Nigeria’s electricity sector was entering a new era driven by reforms, innovation, collaboration and increased investment, adding that optimising the country’s electricity infrastructure would be essential to powering homes, industries and businesses. In her opening remarks, the Vice Chancellor of the University of Lagos, Prof. Folasade Ogunsola, described the lecture as a celebration of…

  • NAPE Academy will Prepare Young Professionals for Nigeria’s Petroleum Industry-Olajumoke

    NAPE Academy will Prepare Young Professionals for Nigeria’s Petroleum Industry-Olajumoke The Nigerian Association of Petroleum Explorationist (NAPE) is one of Nigeria’s oil and gas professional associations with experienced members in the industry. NAPE had a Strategic Workshop involving stakeholders in the industry on its proposed Academy. The Academy is to train young professionals in the…

  • NAPE Academy: Preparing Young Generations for the Future of Nigeria’s Petroleum Industry

    NAPE Academy: Preparing Young Generations for the Future of Nigeria’s Petroleum Industry   The Nigerian Association of Petroleum Explorationist (NAPE) had a Strategic Workshop for industry leaders on the proposed NAPE Academy. It was like a clarion and Macedonian call to deliberate on the future of the oil and gas industry. Stakeholders and operators have…

  • Dangote Refinery Tops US for Second Consecutive Month as Europe’s Largest Jet Fuel Supplier

    Dangote Refinery Tops US for Second Consecutive Month as Europe’s Largest Jet Fuel Supplier   Nigeria’s flagship refinery accounts for one fifth of Europe’s jet fuel imports, reinforcing its position as a major force in global aviation fuel trade. Dangote Petroleum Refinery & Petrochemicals has strengthened its position as a global supplier of premium aviation…

  • Asset Integrity, Life Extension, Fixing Obsolescence Key to Sustaining Value for Independents – Seplat CEO

    Asset Integrity, Life Extension, Fixing Obsolescence Key to Sustaining Value for Independents – Seplat CEO. For independent oil and gas players in Nigeria to optimize the value of their assets, boost returns on investments and ensure resilient systems, they must get asset integrity right, fix obsolescence in their operations and consciously work on life extension…

  • Aradel Holdings Plc Marks Three Decades of Sustained Growth at 31st AGM

    Aradel Holdings Plc Marks Three Decades of Sustained Growth at 31st AGM   Aradel Holdings Plc, Nigeria’s leading integrated indigenous energy company, held its 31st Annual General Meeting (AGM) virtually, on the 30th of July, 2026. The virtual event provided shareholders with a comprehensive update on the Company’s performance, strategic priorities and outlook for continued…

  • Goldman Sachs’s Chief: “It is Extraordinary What Dangote Has Achieved”

    Goldman Sachs’s Chief: “It is Extraordinary What Dangote Has Achieved”   Senior executives from leading global investment banking and financial services firm Goldman Sachs toured the company’s integrated petroleum refinery, petrochemicals and fertiliser complex in Lagos. The delegation, led by Co-Chief Executive Officer of Goldman Sachs International and Global Co-Head of Investment Banking, Anthony Gutman,…

  • NUPRC Targets $50bn Offshore Investments by 2030 

    NUPRC Targets $50bn Offshore Investments by 2030    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has projected between $30bn and $50bn in investments from 22 major offshore oil and gas projects expected to come on stream between 2026 and 2030. The NUPRC Chief Executive, Oritsemeyiwa Eyesan, disclosed this on Wednesday at the 49th Nigeria Annual International Conference and Exhibition (NAICE 2026) of the Society of Petroleum Engineers (SPE) in Lagos. Eyesan, who was represented by the Executive Commissioner, Development and Production, Enorense Amadasu, said the projects would boost oil and gas production, create jobs, expand infrastructure and strengthen Nigeria’s energy securty. She said the projects form part of efforts to unlock Nigeria’s upstream investment potential and consolidate the country’s position as a leading destination for global oil and gas investments. “Since 2024, the NUPRC has approved over US$57 billion in Field Development Plan (FDPs) some of which have translated to Final Investment Decisions. “Twenty-two (22) major offshore projects are expected between 2026 and 2030 with an estimated investment potential of $30–50 billion,” she said. According to her, the expected investments would go beyond increasing production, as they would also create employment opportunities, expand critical infrastructure and strengthen energy security. Eyesan said Nigeria was also maintaining a strong pipeline of…

  • SPE Nigeria Council Calls for Collaboration, Resilience as Energy Landscape Evolves. 

    SPE Nigeria Council Calls for Collaboration, Resilience as Energy Landscape Evolves. The Society of Petroleum Engineers (SPE) Nigeria Council has called for greater collaboration, innovation and resilience as the global energy industry undergoes significant transformation.  Council Chair, Engr. Francis Nwaochei, made the call while speaking at the opening ceremony of the 49th Nigeria Annual International Conference and Exhibition (NAICE 2026) in Lagos. Nwaochei described SPE as the world’s largest individual member professional society serving the upstream and broader energy industry, noting that the organisation continues to promote technical knowledge, professional excellence, innovation and the development of future energy leaders. He said SPE Nigeria Council remains one of the Society’s most vibrant councils globally, with more than 17,000 members, including students, across six sections in Lagos, Port Harcourt, Warri, Benin, Abuja and Uyo. The Council is also supported by more than 50 active student chapters across the country, he added. According to Nwaochei, NAICE has, for nearly five decades, remained the flagship technical event of SPE Nigeria Council and one of Africa’s leading platforms for executive dialogue, policy engagement, technology exhibition, investment promotion, professional development and strategic collaboration. He said the conference provides an avenue for industry stakeholders to challenge existing ideas, develop solutions, establish partnerships and deliberate on the future direction of the energy sector. Nwaochei said the global energy system was being reshaped by growing demands for energy security, affordability and sustainability, alongside digital transformation, decarbonisation, artificial intelligence, automation, operational efficiency and responsible resource development….

  • NAICE 2026: Sepha Energies Celebrates Rapid Growth, Calls for Increased Financing to Strengthen Indigenous Oil and Gas Companies

    NAICE 2026: Sepha Energies Celebrates Rapid Growth, Calls for Increased Financing to Strengthen Indigenous Oil and Gas Companies Lagos, Nigeria – August 3, 2026 The Managing Director/Chief Executive Officer of Sepha Energies Limited, Engr. Sandra Ekpe Agho, has highlighted the remarkable transformation of the indigenous energy services company over the past year, while calling for…