Tag: #EnergySector
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FRSC, FUEL MARKETERS TEAM UP TO CLEAN UP TRUCK SAFETY ON RIVERS ROADS
Big trucks, bigger risks—so the FRSC and energy marketers are joining forces in Rivers to make sure what’s moving fuel doesn’t move chaos on the roads. The Federal Road Safety Corps (FRSC) has partnered with the Major Energy Marketers Association of Nigeria (MEMAN) to train personnel in Rivers State on improving road safety compliance among…
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POWER WOES: ADELABU APOLOGISES, PROMISES RELIEF IN TWO WEEKS
As heat rises and blackouts bite harder, the power minister admits the pain—and says help is on the way. Nigeria’s Minister of Power, Adebayo Adelabu, has apologised to Nigerians over persistent electricity outages, blaming the situation on gas supply issues and infrastructure challenges. Speaking in Abuja, Adelabu acknowledged the hardship caused by erratic power supply,…
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ANAMBRA SET FOR 24-HOUR POWER AS FIRSTPOWER UNVEILS MASSIVE SUPPLY PLAN
Electricity supply in parts of Anambra may soon get a major boost as FirstPower moves to roll out round-the-clock power to key estates and industrial zones. The FirstPower Electricity Distribution Company Ltd has announced plans to begin 24-hour electricity supply in selected parts of Anambra State as part of efforts to improve power reliability and…
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GRID POWER SLUMPS: BEDC WARNS OF REVENUE HIT AS SUPPLY DROPS
Nigeria’s fragile power supply is taking a toll on electricity distributors. The Benin Electricity Distribution Company (BEDC) says the sharp drop in electricity generation from the national grid now around 3,940 megawatts is hurting its operations, reducing customer satisfaction, and slashing revenue. Speaking in Benin, BEDC’s Chief Commercial Officer, Ogunleye Akinleye, said the low generation…
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NUPRC REMINDS INVESTORS: PRE-QUALIFICATION FOR 2025 LICENSING ROUND CLOSES FEB 27
Time is running out for companies looking to grab a slice of Nigeria’s oil and gas sector—50 blocks up for grabs in the 2025 Licensing Round. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that registration and submission for Pre-Qualification under the Nigeria 2025 Licensing Round will close at 4:30 p.m. on Friday, February…
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EFCC ARRAIGNS MT Ostria VESSEL AND THREE MEN OVER ₦12 BILLION OIL THEFT IN LAGOS
The Economic and Financial Crimes Commission (EFCC) arraigned the vessel MT Ostria, along with three men Raymundo Panaligam, Roneno Villarin, and Vincent Wayas on Wednesday before the Ikeja Special Offences Court. They face a four-count charge relating to conspiracy and theft of over 13 million litres of Premium Motor Spirit (PMS) valued at ₦12 billion,…
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COURT ADJOURNS DANGOTE PETROLEUM REFINERY’S SUIT AGAINST NNPCL OVER OIL IMPORT LICENCE DISPUTE TO NOVEMBER 5
The Federal High Court in Abuja has adjourned the hearing of a lawsuit filed by Dangote Petroleum Refinery and Petrochemicals FZE against Nigeria National Petroleum Company Limited (NNPCL) and others concerning oil import licences. The hearing, initially scheduled for Wednesday, was postponed due to the presiding judge Justice Mohammed Umar’s absence, as he was sitting…
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NNPC REPORTS SLIGHT DIP IN SEPTEMBER PRODUCTION AMID STRATEGIC MAINTENANCE, POSTS N216 BILLION PROFIT
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded 1.61 million barrels per day (mbopd) of crude and condensate production in September 2025, slightly down from 1.65 mbopd in August, according to its monthly report. Natural gas output also moderated, reaching 6,284 million standard cubic feet per day (mmscf/d), compared to 6,949 mmscf/d the previous…
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NNPC LTD APPOINTS ANDY ODEH AND MORENIKE ADEWUNMI TO LEADERSHIP ROLES
Energy giant strengthens communication and stakeholder relations with seasoned executives. NNPC Ltd. named Andy Odeh as Chief Corporate Communications Officer and Morenike Adewunmi as Chief Relations Officer. Odeh brings 30+ years of expertise including NLNG leadership, rebranding, and community initiatives, while Adewunmi offers 25+ years in legal, regulatory, and government relations from Shell. Their appointments…
