NUPRC says Nigeria will hit 3 million bpd oil target by 2030 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) pointed out that it remains committed to achieve its target of producing 3 million barrels of crude oil per day by 2030, with ongoing reforms, faster regulatory approvals and renewed investment expected to sustain the…
Jonathan Applauds NCDMB’s Milestones, Credits China’s Model for Shaping Nigeria’s Local Content Policy Former President Goodluck Ebele Jonathan on Monday at the Nigerian Content Tower (NCT), Yenagoa, expressed his sense of fulfilment at the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, and the many benefits that have accrued to Nigeria at…
IPMAN Kicks Against Issuing Licences for Petroleum Products Import The Independent Petroleum Marketers Association of Nigeria (IPMAN) has kicked against the issuing of licences to some companies for the purpose of importing petroleum products into the country. In a voice note released to journalists in Abuja today (Sunday), IPMAN National Publicity Secretary, Chinedu Ukadike,…
NLNG Celebrates Professor Bart Nnaji at 70, Honours His Contribution to Science and Innovation NLNG has paid tribute to Professor Bart Nnaji at 70, highlighting his more than two decades of contribution to the governance, credibility and international reach of The Nigeria Prize for Science and Innovation. The former Minister of Power and Chairman…
Nigeria’s Next Competitive Advantage Is Not Technology. It Is Institutional Coordination. …How Tinubu’s new Virtual Assets Executive Order offers a glimpse of the next frontier of economic competitiveness. By Sola Adebawo Nigeria has spent decades competing for investment through familiar levers of economic policy. Tax incentives. Market reforms. Infrastructure spending. Regulatory changes. Those fundamentals remain…
NCDMB, Renaissance begin training for 300 Nigerians in Oil and Gas Field Readiness The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited, has commenced a specialised human capital development programme aimed at equipping 300 young Nigerians with industry-relevant skills in mechanical, electrical and instrumentation engineering. The exercise…
NMDPRA Targets Strategic Fuel Reserves amid Global Supply Disruptions The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, says it is prioritising the development of strategic petroleum reserves to strengthen Nigeria’s energy security amid growing global supply uncertainties and rapid transformation of the downstream oil sector. The Authority Chief Executive, Mallam Rabiu Ahmed Umar,…
VCDF and Sterling Oil Leads Climate Literacy and Tree Planting Campaign for World Environment Day in Lagos World Environment Day serves as a timely reminder that climate change is no longer a distant concern, but a present reality affecting communities, livelihoods, and the future. It also reinforces the message that environmental protection begins with…
Dangote Refinery a National Pride, Catalyst for Nigeria’s Energy Future – Petroleum Minister The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has described the Dangote Petroleum Refinery & Petrochemicals as a source of national pride and Nigeria’s most transformative industrial investments, saying the Federal Government will continue to provide the…
Shell Awards $518 Million to Nigerian Companies in 2025, Pays Government $2.02 Billion Shell Companies in Nigeria awarded $5.18 million in contracts to indigenous companies in 2025, underscoring its commitment to expanding local participation in Africa’s largest oil-producing economy and strengthening Nigeria’s domestic oil and gas supply chain. The company disclosed that 123 Nigerian…