Nigeria Energy Sector

NNPC Ltd posted N481 billion in profit after tax for April 2026, a 74 percent jump from March, as oil revenue surged 79 percent to nearly N5 trillion.

Nigeria’s NDPHC has restored the 450MW Alaoji power plant in Abia State after a three-year shutdown caused by gas supply disputes and accumulated debt to TotalEnergies.

Industry leaders, economists and labor unions have backed NNPC’s deal with two Chinese firms to revive Nigeria’s long-idle refineries despite sharp opposition from critics.

The G7 nations have pledged support for gas investments in Nigeria, aiming to enhance the country’s energy security and promote sustainable growth.

EKEDC pauses its 100MW electricity supply deal due to funding issues, seeks innovative solutions to enhance Lagos’s power stability.

Nigeria’s Zungeru plant, managed by Mainstream Energy Solutions, promises a cleaner energy future and significant economic gains for 30 years.