Shell Commissions Indigenous Firm for Gas Market in Nigeria Nigeria’s leading domestic gas distribution company, the Shell Nigeria Gas Limited (SNG), has commissioned a far-reaching gas market survey in 33 per cent of the states in Nigeria to gain deeper market insights for entry and to accelerate the achievement of Nigeria’s Decade of Gas objectives….
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Energy Transition: Osinbajo says Nigeria needs over $410bn 2060 Energy Transition Plan Nigeria’s Vice President Yemi Osinbajo says the country needs to spend over 410 billion dollars to deliver its energy transition plan by 2060. This was revealed by Osinbajo’s spokesman, Laolu Akande, in a statement on Wednesday in Abuja at the global virtual inauguration…
Reimagining Energy Utilization for Industrial Sector in Face of Rising Cost of Alternative Liquid Fuels Africa’s energy giant Nigeria is Africa’s energy giant. It ranks second to Algeria in natural gas by almost 50 trillion cubic feet of gas deposits. Most of Africa’s bitumen and lignite reserves are found in Nigeria. In its mix of…
BPE Takeover Kano, Port Harcourt, Ibadan, Kaduna Discos Four Distribution Companies (DisCos), Kano, Port Harcourt, Ibadan and Kaduna have been taken over by Bureau of Public Enterprises (BPE) for non-performance and debt. Successful TakeOver According to Director General of BPE, Mr. Alex Okoh, the takeover has been concluded successfully. Okoh revealed this in a presentation…
Non-Oil Export in Nigeria Hits $2.5bn In Six Months The Executive Director of Nigerian Export Promotion Council (NEPC), Ezra Yakusak, said Nigeria’s non-oil sector export proceeds has recorded massive growth as the country exported products worth $2.593 billion in the first half of 2022. Yakusak, said this while briefing newsmen in Abuja on the performances…
Oil Climbs as Saudi Arabia Warns of OPEC Output Cuts Oil rose on Tuesday as renewed concerns over tight supply dominated market sentiment after Saudi Arabia warned that the major oil producer could cut output to correct a recent oil price decline. Brent crude futures advanced 93 cents, or 1%, to $97.41 a barrel by…
NNPC-SNEPCo Launches Weeklong Free Eye Care in Lagos Nigerian National Petroleum Company (NNPC) Limited and the Shell Nigeria Exploration and Production Company Limited (SNEPCo) have commenced a weeklong free eye care tagged: “Vision First Initiative” in Lagos. This initiative is part of the Corporate Social Responsibility (CSR) of the companies. Also read = Petroleum varsity gets…
Presidential Amnesty Graduates 349 Ex-Agitators Trained On Different Vocations The novel Train, Employ and Mentor, TEM, model introduced by the Interim Administrator, Presidential Amnesty Programme, Col. Milland Dixon Dikio (rtd), has produced its first 349 graduates trained on different vocations. The 349 ex-agitators graduated after being trained on different skills, including welding, fabrication, abrasive blasting,…
Food crises worsen in Africa as fertiliser prices climb Sanctions on Russia in the aftermath of the Ukraine war has driven up the cost of fertilizer in Africa, consequentially increasing the cost of food in some of the world’s poorest countries. The prices of nitrogen-based fertilisers that provide a third of nutrients used to grow…
