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The Minister of Power, Adebayo Adelabu, has said Nigeria will generate 6 gigawatts of electricity by the end of 2024, despite currently generating only 5,155 MW. Adelabu gave the assurance while speaking on Thursday at the Board retreat of the Nigeria Electricity Liability Management Company in Lago

The crisis surrounding the acquisition of Oandos OVH and the retail arms of the Nigerian National Petroleum Company Limited (NNPC Retail) took a new turn on Thursday as the state oil company denied having any political interests. NNPCL had previously announced the acquisition of the retail arms of O

The Women in Energy Network (WIEN) and Smart Gas Limited have sealed a partnership to facilitate the adoption of Liquefied Petroleum Gas (LPG) in 500,000 households across Nigeria over the next five years. The post WIEN, Smart Gas target 500,000 households for LPG adoption

Oil producers in Nigeria, under the Independent Petroleum Producers Group (IPPG), have expressed opposition to being compelled to sell crude oil to the Dangote Refinery and other local refineries. The group warned against any move to mandate such sales, calling instead for the Nigerian National Petr

The federal government has said it has paid N205 billion from the N1.3 trillion debt owed to generation companies (GenCos) in order to boost liquidity in the power sector. Minister of Power, Adebayo Adelabu, revealed this during an oversight visit by the house of representatives committee on power.

The management of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Tuesday, issued an operational licence to Edo Refinery and Petrochemical Company Limited, Ologbo, in Ikpoba-Okha Local Government Area of Edo State. The NMDPRA is the Technical and Commercial Regulato

A coalition of Northern stakeholders under the auspices of the Arewa Youths Assembly has commended the management of the Nigerian National The post Arewa youth group seek support for 2 million barrels daily oil production

The persistent energy crisis that has compounded the woes of manufacturers may have eased as diesel prices, a major source of energy for producers, dropped by 5.71 per cent from N1462.98 per litre in June 2024 The post Hope for manufacturing as diesel price drops by 5.7 per cent

The Federal Government has announced that the sale of crude oil to Dangote Refinery and other local refineries will start on October 1, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the implementation committee on Monda