Nigeria, Africa’s largest oil producer, is failing to attract new investment into its energy sector due to bureaucratic hurdles and regulatory uncertainty. According to data from the Nigerian Upstream Petroleum …
Government
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Nigeria has taken a major step towards improving its power sector as President Bola Tinubu and the German Chancellor, Olaf Scholz, signed a landmark agreement on Friday in Dubai, United …
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South Africa has received the first batch of energy equipment donated by China to help the country cope with the ongoing power crisis. The donation is part of a technical …
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GovernmentIn the News
How Europe’s Energy Crisis Boosts Nigeria’s Oil Exports Amid Russia-Ukraine War
The ongoing war between Russia and Ukraine has disrupted the global oil market, affecting Nigeria’s crude exports to Asia. However, Nigeria has also benefited from the increased demand from Europe, …
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The Federal Government called for additional time to address the country’s ongoing electricity issues as 17 generation and distribution licenses stand for either renewal or revocation tomorrow. This mirrors past …
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Advocating for gender balance, the Women in Energy Network (WIEN) challenges President Bola Tinubu to uphold a 35% gender inclusion policy in key governmental roles. Determined to bolster affirmative action, …
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In a significant leap towards rural electrification, the Rural Electrification Agency (REA) has formed a strategic partnership with the Africa Mini-grid Developers Association (AMDA). The groundbreaking Memorandum of Understanding, signed …
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Nigeria, Africa’s largest oil producer, struggles to keep its petrol prices affordable amid rising global crude oil prices and depreciating naira. But another factor is adding to the cost of …
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GovernmentIn the News
Nigeria’s Petroleum Minister Advocates for Nigerian Content to Fulfill Renewed Hope Agenda
Lagos, October 12, 2023 – Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources, emphasized the importance of executing the Nigerian Oil and Gas Industry Content Development (NOGICD) Act …
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Minister of Power, Adebayo Adelabu, called on Nigerians yesterday to be patient with the Bola Tinubu administration, giving assurances that the ongoing power sector crisis will soon be resolved. Speaking …