12 articles tagged
Employees at Seplat Energy, Nigeria's leading indigenous oil producer, have initiated an indefinite strike, citing unresolved disputes over pay and welfare. This action jeopardizes the nation's ambitions to increase oil output.
The Enugu State Government, in partnership with the UK through the Nigeria Infrastructure Advisory Facility, has introduced a pilot program featuring an AI-driven smart metering system aimed at reducing energy theft and revenue losses in the power sector.
Nigeria has emerged as the second-largest trading partner of the United States in Africa, with bilateral trade nearing $13 billion in 2024. The US and Nigeria's recent investment partnership aims to reshape Nigeria's economic frameworks amidst stiff competition with Chinese influence.
Botswana has designated Nigerian energy expert Akinwole Omoboriowo as Vice Chairman of the Botswana Power Corporation to bolster governance in the power sector and expedite renewable energy initiatives across the nation.
Olabode Sowunmi emphasizes the necessity for Nigeria to focus relentlessly on enhancing its local capacity in the oil and gas sector, pointing out the dangers of continued reliance on foreign expertise.
Energy consultant Dan Kunle has strongly advocated for the privatisation of Nigeria's refineries, citing decades of failed government management and wasteful spending. He is calling for a comprehensive forensic audit of all funds allocated to refinery rehabilitation.
The Nigerian Content Development and Monitoring Board emphasizes the need for Africa to shift from innovation consumption to creation for sustainable energy sector growth during the 2026 Nigeria International Energy Summit.
The Minister of State for Petroleum Resources has emphasized that Nigeria's abundant gas reserves cannot drive economic growth without targeted policies that enhance local involvement and capacity building in the gas sector.
Oando Plc has reported a 10% rise in its profit for 2025, totaling N241.8 billion. This increase is attributed to enhanced upstream production and better operational efficiencies.
Dr. Orji Uzor Kalu's Swiber Africa (Nigeria) Group and China's GCL Group have formalized a cooperation agreement in Dubai to develop lithium energy projects and a smelting facility in Abia State, Nigeria. The deal aims to enhance Nigeria's energy system and establish a comprehensive lithium industry chain.
A recent study highlights the detrimental impact of foreign aid conditions on Nigeria's power infrastructure, suggesting that such dependence leads to ineffective reforms and weakened institutions.
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has outlined a comprehensive agenda to enhance Nigeria’s upstream oil industry, focusing on production efficiency, revenue growth, and improved regulatory processes.
