Category: Energy
NNPC Ltd. Clinches Best Fully Integrated Energy Company of the Year 2024 Award
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has been honored as the Best Fully Integrated Energy Company of the Year 2024 at the prestigious Nigeria International Energy Summit (NIES) held in Abuja. The award recognizes NNPC Ltd.’s outstanding contributions to the energy sector and its commitment to driving innovation, sustainability, and growth in Nigeria’s…
NNPC Ltd Leads Africa’s Gas Infrastructure Expansion at NIES 2025, Highlights Tinubu’s Reforms as Key Driver for Investment
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, has declared that Africa is poised to become the next frontier for global energy investment, with Nigeria at the forefront of this transformation. Speaking at the opening ceremony of the 2025 Nigeria International Energy Summit (NIES) in Abuja, Kyari emphasized Nigeria’s pivotal role as Africa’s…
Mission 300 Africa Energy Summit: Advancing Universal Energy Access by 2030
The Mission 300 Africa Energy Summit, held in Dar es Salaam, Tanzania, on January 27-28, 2025, convened African leaders, development partners, and private sector stakeholders to advance the ambitious goal of providing electricity access to 300 million people by 2030. This initiative, launched by the World Bank and the African Development Bank (AfDB), aims to…
President Tinubu Appoints Abba Abubakar Aliyu as Managing Director of Rural Electrification Agency
President Bola Ahmed Tinubu has appointed Abba Abubakar Aliyu as the substantive Managing Director of the Rural Electrification Agency (REA), effective January 23, 2025. Aliyu has been serving as the acting Managing Director of the REA since March 2024. Prior to this role, he was the Head of the Nigeria Electrification Project (NEP) at the…
Labour Union Rejects Telecom Tariff Hike, Plans Nationwide Protest
The Nigeria Labour Congress (NLC) has vehemently opposed the recent approval by the Nigerian Communications Commission (NCC) to increase telecommunications tariffs by 50%, the first such hike in over a decade. The union has branded this move as “insensitive” and “unjustifiable” in light of the ongoing economic difficulties that Nigerians are enduring. In response, the…
NNPC Begins Construction of Five Mini LNG Plants in Ajaokuta, Kogi State
The Nigerian National Petroleum Company Limited (NNPCL) has officially launched the construction of five mini Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State, marking a significant milestone in Nigeria’s gas infrastructure development. The groundbreaking ceremony, held on January 30, 2025, signals the government’s commitment to expanding domestic gas utilization and positioning Nigeria as a…
SGF Highlights President Tinubu’s Accomplishments Ahead of Independence Day Celebration
As Nigeria prepares for its upcoming independence celebration, the Secretary to the Government of the Federation (SGF), George Akume, highlighted significant milestones achieved by President Bola Tinubu’s administration. During a briefing on Thursday, Akume emphasized that the government’s initiatives have already begun to positively impact the daily lives of Nigerians. In his remarks, Akume referenced…
BREAKING: President Tinubu Announces Kickoff of $550 Million Ubeta Gas Project in Rivers State
In a major boost to Nigeria’s energy sector, President Bola Tinubu has officially launched a $550 million upstream gas development project in Rivers State. The project, a collaboration between the Nigerian National Petroleum Corporation Ltd. (NNPCL) and TotalEnergies, will focus on developing the Ubeta gas field. The announcement was made by President Tinubu’s Special Adviser…
NNPCL Confirms Purchase of Petrol from Dangote Refinery at N898 Per Liter
In a significant update, the Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it is purchasing Premium Motor Spirit (PMS) from the Dangote Refinery at a rate of N898 per liter. This confirmation came in a statement released by NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, who also addressed concerns about the pricing structure….
Nigeria Takes Major Step Toward Energy Self-Sufficiency: Diesel and PMS Now Manufactured Locally
In a historic move, Nigeria has successfully commenced the local production and sale of Diesel and Premium Motor Spirit (PMS) for the first time in years, marking a significant milestone in the nation’s journey toward energy self-sufficiency. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Chairman of the…