FG Commissions Pipe Coating Facility in Lagos to Boost Local Content The Federal Government, through the Nigerian Content Development and Monitoring Board (NCDMB), has officially inaugurated the Monarch Alloys Limited 3LPE and concrete weight pipe coating plant in Ikorodu, Lagos State. During the commissioning, Executive Secretary of the NCDMB, Felix Ogbe, described the facility as…
NLNG Partners with Bank of Industry to Launch Micro-Credit Scheme, Boost Local Economies Nigeria LNG Limited (NLNG) has launched an expanded Micro, Small, and Medium Enterprises (MSME) Scheme designed to empower local vendors and businesses in its host communities and gas transmission areas through financial support and capacity building. In a strategic partnership with the…
EKEDC Reaffirms Commitment to Infrastructure Investment and Improved Customer Service. Eko Electricity Distribution Company (EKEDC) has reiterated its commitment to investing significantly in infrastructure upgrades aimed at enhancing electricity supply and customer satisfaction across its network. Speaking at the Island Customers Consultative Forum held Thursday in Lagos, Acting CEO of EKEDC, Mrs. Rekhiat Momoh,…
Shell, Renaissance Face Legal Challenge Over SPDC Licence Transfer. A legal suit has been filed at the Federal High Court in Lagos seeking to halt the recent transfer of an oil mining licence from Shell Petroleum Development Company Limited (SPDC) to Renaissance African Energy Company Limited. The suit, brought by the Incorporated Trustees of Human…
Consumers Challenge EEDC Over Poor Service Delivery Residents and power consumers in Nigeria’s South-East region have taken on the Enugu Electricity Distribution Company (EEDC), decrying what they describe as persistent inefficiencies and an unreliable power supply. EEDC, which oversees electricity distribution across the five South-East states—Anambra, Imo, Enugu, Abia, and Ebonyi—faced criticism from concerned…
President Tinubu Appoints Four New Members to NCDMB Governing Council. President Bola Tinubu has approved the appointment of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), filling existing vacancies and strengthening the board’s leadership. The newly appointed members are Mr. Olusegun Omosehin from the National Insurance Commission…
PIA Implementation on Track, Says MEMAN The Major Energies Marketers Association of Nigeria (MEMAN) has reaffirmed that the implementation of the Petroleum Industry Act (PIA) remains on course, despite ongoing discussions about its impact on the energy sector. Speaking at MEMAN’s 2025 first-quarter media training and engagement in Lagos, Executive Secretary Mr. Clement Isong…
Dangote Refinery Suspends Petroleum Sales in Naira Dangote Refinery has temporarily halted the sale of petroleum products in Naira, citing the need to align its sales proceeds with crude oil purchase obligations, which are currently denominated in U.S. dollars. In a statement released by the company, Dangote Refinery explained that its sales of petroleum products…
EKEDC Raises Concern Over Rejection of Free Prepaid Meters The Eko Electricity Distribution Company (EKEDC) has expressed concern over the rejection of free prepaid meters by some Band A customers under the Meter Acquisition Fund (MAF) scheme. The initiative was introduced to address the issue of estimated billing and improve transparency in electricity consumption. Speaking…
Nigeria to Leverage 37.5bn Barrels of Oil, 209tcf of Gas for Industrialisation – NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed Nigeria’s commitment to leveraging its vast hydrocarbon reserves, comprising 37.5 billion barrels of crude oil and 209.26 trillion cubic feet of natural gas, to drive industrialisation while ensuring decarbonisation for long-term sustainability….
