Category: Media
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called for unified collaboration among industry stakeholders to fully harness Nigeria’s abundant energy resources and accelerate economic growth across the continent. Delivering a keynote address (represented by Dr. Abdulmalik Halilu, Director of Corporate Services at NCDMB) at the […]
Nigeria’s accelerating momentum in revitalizing its oil and gas industry under President Bola Tinubu’s administration. Over the past year, targeted reforms have driven significant production increases, restored investor confidence, and positioned indigenous operators at the forefront of the nation’s hydrocarbon resources. Indigenous companies now oversee assets accounting for more than half of Nigeria’s oil output, […]
The Nigerian Institute of Electrical and Electronic Engineers (NIEEE) and the Nigerian Independent System Operator (NISO)—the statutory entity responsible for grid management, system operations, and market facilitation under the Electricity Act 2023—have announced a strategic partnership aimed at advancing engineering excellence, capacity building, and overall sector reliability. During a high-level courtesy visit to NISO’s headquarters […]
Africa’s energy landscape takes a significant step forward as Nigeria’s inaugural Floating Liquefied Natural Gas (FLNG) facility enters the construction stage, a landmark achievement for the nation’s gas monetisation and energy security ambitions. Dr. Julius Rone, CEO of UTM Offshore, announced the milestone during a recent awards ceremony in Lagos, where he was honoured as […]
In a significant policy shift for Nigeria’s power sector, the federal government will no longer exclusively finance electricity subsidies starting in 2026. This change, announced by Tanimu Yakubu, Director-General of the Budget Office of the Federation, on February 2, 2026, in Abuja during a workshop on the 2026 federal budget preparation, follows a directive from […]
The Nigerian Ports Authority (NPA) and Abu Dhabi Ports Group are intensifying discussions to bolster Nigeria’s role as West Africa’s premier trade gateway. This follows the recent momentum from President Bola Ahmed Tinubu’s visit to the UAE, where both nations signed a landmark Comprehensive Economic Partnership Agreement (CEPA) during Abu Dhabi Sustainability Week in mid-January […]
Niger State has partnered with the Islamic Development Bank (IsDB) to launch the Niger Solar Electrification Project, a groundbreaking $163 million initiative set to deliver a 100 MW solar power facility—the first of its kind in Sub-Saharan Africa. Spanning 200 hectares, the project will harness the state’s abundant sunlight to generate clean, reliable electricity, providing […]
Shell PLC Chief Executive Wael Sawan has publicly commended President Bola Tinubu’s administration for fostering the stable and professional investment environment that has unlocked Shell’s major renewed commitment to Nigeria, including a potential landmark $20 billion investment in the Bonga South West deepwater project—the largest single energy FDI in Africa in decades. During a high-level […]
Africa’s immense natural gas resources, exceeding 550 trillion cubic feet of undeveloped reserves, remain largely untapped due to critical shortages in regional transportation infrastructure, according to the African Energy Chamber’s State of African Energy 2026 Outlook. The report highlights that, despite a projected 60% surge in gas demand across the continent by 2050, inadequate pipelines, […]
The African Energy Chamber (AEC) hails Libya’s robust resurgence in the energy sector as a defining moment for the continent. At the Libya Energy & Economic Summit (LEES) 2026 held in Tripoli, Libyan authorities demonstrated strong political commitment to restoring oil and gas output, attracting investment, and fostering a stable, investor-friendly environment. Libya’s oil production […]