The National Council on Power has agreed to introduce a cost-reflective tariff for electricity in Nigeria. This move is aimed at reducing the N200 billion monthly electricity subsidy being paid …
energy infrastructure
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EnergyGOVERNMENTInfrastructureNigeriaPolicies
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BusinessEastern AfricaEnergyEnvironmentGOVERNMENTInfrastructureNigeriaWestern Africa
FG Commissions First LCNG Hub in North-East, Targets Cheaper and Cleaner Energy for Nigerians
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has officially commissioned Nigeria’s first Liquefied to Compressed Natural Gas (LCNG) hub in Yola, Adamawa State. The project, developed by …
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EconomyEnergyEnvironmentInfrastructureNatural ResourcesNigeriaOil & GasPolicies
Nigeria Faces Big Energy Challenges but Sees Hope in Gas, Solar, and Power Reforms
Nigeria, one of Africa’s biggest economies, is currently facing serious power problems, even though it has huge energy resources. With a population of over 200 million people and rich oil …
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AfricaEconomyEnergyGOVERNMENTNigeriaOil & GasWestern Africa
Rivers Pipeline Explosion Triggers $35.3 Million Daily Losses Amid State of Emergency
Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …
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Business and EconomyEconomyEnergyNigeriaOil & GasPoliticsSecurity
Pipeline Explosion Disrupts Nigerian Oil Exports Amid Rivers State Political Crisis
A pipeline explosion in Rivers State early tuesday has disrupted Nigeria’s oil exports, creating serious concerns for the economy. The damaged infrastructure connects onshore production sites to key export terminals. …