By JKNewsMedia STRATEGIC COLLABORATION has been described as essential to unlocking value, driving sustainability, and deepening commercialisation within Nigeria’s downstream petroleum sector, according to the Nigerian National Petroleum Company Limited (NNPC Ltd.). Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, repres...
By Ajibola Olaide, JKNewsMedia Reporter ENERGY DEVELOPMENT gained renewed traction as President Bola Tinubu welcomed Shell’s Final Investment Decision (FID) for a $2 billion gas project in the shallow offshore HI Field within Oil Mining Lease (OML) 144. The project, classified as a Non-Associated Gas (NAG) development, is expected to deliver ...
By Ajibola Olaide, JKNewsMedia Reporter STRATEGIC REFORMS within Nigeria’s power sector have gathered new momentum as the Federal Government (FG) intensifies efforts to deliver stable and reliable electricity supply across industrial clusters and households nationwide. Minister of Power, Adebayo Adelabu, stated that the current reforms under ...
By Ajibola Olaide, JKNewsMedia Reporter COMMITMENT TO strengthening strategic alliances with Japan and other international partners was reaffirmed at the Ninth Tokyo International Conference on African Development (TICAD 9) in Yokohama, where President Bola Tinubu led the Nigerian delegation in high-level engagements focused on power, infrast...
By Jemimah Wellington, JKNewsMedia Correspondent REVISED COSTS for prepaid electricity meters will be taking effect from 6 August 2025, Ikeja Electric has confirmed in a public statement released via its official X handle. The company said the updated prices, which apply to both single-phase and three-phase meters, include Value Added Tax and...
By Ajibola Olaide, JKNewsMedia Correspondent A CALL to establish a regional oil pricing benchmark for West Africa has been issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to address regional market disparities and reduce dependence on foreign pricing systems. The Authority Chief Executive, Farouk Ahmed,...
By Jemimah Wellington, JKNewsMedia Correspondent THE BUDGET for the African Atlantic Gas Pipeline, a landmark infrastructure project linking Nigeria to Morocco, has surged beyond $25 billion, according to Morocco’s Minister of Energy Transition, Leila Benali. She said the transcontinental pipeline is set to deliver gas to around 400 million p...
By Jemimah Wellington, JKNewsMedia Reporter THE FEDERAL Ministry of Power has initiated a strategic partnership with the Nigeria Atomic Energy Commission (NAEC) in a renewed push to diversify and stabilise electricity supply across the country. During a meeting in Abuja on Tuesday, Minister of Power Chief Adebayo Adelabu received the Acting C...
By Rosheedat Akinkunle, JKNewsMedia Reporter Residents of Ogun State can soon expect a major boost in power supply, as Governor Dapo Abiodun confirmed that the 30-Megawatt power plant in Onijanganjangan, near Ewekoro, will be ready for commissioning in just eight weeks. His announcement follows the Governor’s inspection of the plant, wh...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s PUSH to curb greenhouse gas emissions has gained momentum with a major reduction in routine gas flaring from offshore oil fields. The Nigerian National Petroleum Company Limited (NNPC) and First Exploration & Petroleum Development Company Limited (First E&P) announced it has achiev...
