Tag: #EnergySecurity
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CUSTOMS HANDS OVER 159,000 LITRES OF SEIZED PETROL IN ANTI-SMUGGLING CRACKDOWN
Nigeria Customs has intercepted and handed over 159,000 litres of_ petrol to regulators, tightening the noose on fuel smugglers exploiting border routes. The Nigerian Customs Service (NCS) has transferred three seized fuel tankers loaded with over 159,000 litres of petrol to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for further action. Deputy Comptroller…
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FG EYES 10BSCFD GAS PRODUCTION BY 2030
Nigeria ramps up gas output to power industrial growth, energy security, and economic prosperity. At the Nigeria International Energy Summit 2026 in Abuja, Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, revealed that Nigeria is targeting 10 billion standard cubic feet per day (BSCFD) of gas production by 2030, with domestic supply already…
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AFRICA’S 180TCF GAS STUCK AS RULES, MARKETS FAIL TO ALIGN — NUPRC
The gas is there, the demand is real — but broken policies and fragmented markets are keeping Africa’s energy wealth underground. More than 180 trillion cubic feet of discovered natural gas across Africa remains untapped because of unaligned fiscal rules, inconsistent regulations and fragmented markets, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned. Speaking…
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OIL THIEVES SHIFT GEAR, OPDS ADAPTS TO NEW TACTICS
From open burns to chemical adulteration, criminals in the Niger Delta are getting craftier—and security forces are keeping pace. Rear Admiral Olugbenga Oladipo, Commander of Operation Delta Safe (OPDS), says oil thieves are moving away from traditional open illegal refining, now using chemicals to convert crude into petroleum products—a method that is highly dangerous and…
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FUEL PRICE ALERT: EXPERTS WARN 15% IMPORT DUTY ON PETROL AND DIESEL MAY PUSH PRICES HIGHER
Energy experts are raising alarms over the Federal Government’s recent approval of a 15 percent import duty on petrol and diesel, cautioning that consumers could soon face a fuel price hike of up to N150 per litre or more. Dr. Ayodele Oni from Bloomfield Law Practice highlighted that while the policy aims to protect and…
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POLICE INVESTIGATING ARSON ATTACK ON ONDO PREPAID METER WAREHOUSE
The Police Command in Ondo State has launched an investigation into an arson attack that destroyed prepaid meters worth over ₦10 million at a warehouse in Okitipupa. DSP Olayinka Ayanlade, the command’s spokesperson, assured the public that those responsible will be brought to justice. The warehouse, owned by Active Achievers Nigeria Limited and located on…
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MINISTER PRAISES TINUBU FOR COMPLETING MAIDUGURI EMERGENCY POWER PLANT
Maiduguri’s power outage days are near over! Minister of Information Mohammed Idris hails President Tinubu for finishing the city’s vital gas power plant that promises nearly nonstop electricity. During a tour of federal and state projects in Maiduguri, Minister Idris recalled how insurgency once wiped out power in Borno state. He praised former President Muhammadu…
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NUPRC CALLS FOR DIALOGUE TO END DANGOTE REFINERY LABOUR DISPUTE
Regulatory chief urges peaceful talks to protect Nigeria’s energy supply amidst union conflict. Mr. Gbenga Komolafe, CEO of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called on Dangote Refinery and PENGASSAN to engage in dialogue to resolve their ongoing labour dispute amicably. Komolafe stressed the need for NUPENG and all parties to avoid disruptions…
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FG REAFFIRMS STEADY PETROLEUM SUPPLY, RESOLVES DANGOTE REFINERY ISSUES
Government assures no disruption as crude-for-naira deal and worker disputes at Dangote Refinery are settled. The Federal Government has reaffirmed its commitment to a steady supply of refined petroleum products following a review by the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative committee. Finance Minister Wale Edun confirmed the suspension of…
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EUROPEAN COMMISSION MOVES TO BAN RUSSIAN LNG IMPORTS BY EARLY 2027
EU ramps up pressure on Russia by cutting fossil fuel revenues amid ongoing conflict. The European Commission plans to advance the ban on Russian liquefied natural gas imports to early 2027 as part of its 19th sanctions package. President Ursula von der Leyen highlighted efforts to diversify energy sources and reduce dependence on Russian fossil…
