Over 8,000 Stakeholders Chart Course for West Africa’s Clean Energy Future at Nigeria Energy Conference

Over 8,000 Stakeholders Chart Course for West Africa’s Clean Energy Future at Nigeria Energy Conference

Bymajorwavesen

Over 8,000 Stakeholders Chart Course for West Africa’s Clean Energy Future at Nigeria Energy Conference The 11th edition of the Nigeria Energy Exhibition and Conference, hosted by Informa Markets, successfully concluded after three days of intensive dialogue and networking. With over 8,000 participants, including industry leaders, investors, policymakers, and innovators, the event focused on shaping…

NNPC-CNL Joint Venture Achieves Success with Meji NW-1 Well Drilling

NNPC-CNL Joint Venture Achieves Success with Meji NW-1 Well Drilling

Bymajorwavesen

NNPC-CNL Joint Venture Achieves Success with Meji NW-1 Well Drilling Western Niger Delta, Nigeria – The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has announced a significant near-field discovery following the successful drilling of the Meji NW-1 well in Petroleum Mining Lease (PML) 49, situated in the shallow offshore region of the…

Egbin Power Advocates for Stakeholder Collaboration to Boost Nigeria’s Energy Security
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Egbin Power Advocates for Stakeholder Collaboration to Boost Nigeria’s Energy Security

Bymajorwavesen

Egbin Power Advocates for Stakeholder Collaboration to Boost Nigeria’s Energy Security Egbin Power, the largest power generation company in Nigeria, has highlighted the necessity of collaboration among stakeholders in the energy sector as a key driver for the country’s socio-economic growth and energy security. This call for partnership was made by Egbin Power’s CEO, Mokhtar…

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NAPE Holds 42nd Annual International Conference and Exhibition

Bymajorwavesen

NAPE Holds 42nd Annual International Conference and Exhibition The Nigeria Association of Petroleum Explorationists (NAPE) is elated to announce that its 42nd Annual International Conference and Exhibition (AICE), which is perhaps the largest gathering of earth scientists and other stakeholders in the oil and gas space in Sub Saharan Africa is set to take place…

PCNGI Urges Compliance After Explosion at Edo CNG Station
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PCNGI Urges Compliance After Explosion at Edo CNG Station

Bymajorwavesen

PCNGI Urges Compliance After Explosion at Edo CNG Station The Presidential CNG Initiative (PCNGI) has raised concerns over an explosion at the NIPCO CNG Station in Ikpoba Hill, Benin City, Edo State, which involved a CNG-powered vehicle and left three people injured. The incident occurred on Wednesday and has been described as preventable by PCNGI….

Oil-Producing States Get N90.415 Billion as FG, States, and LGCs Share N1.289 Trillion Allocation

Oil-Producing States Get N90.415 Billion as FG, States, and LGCs Share N1.289 Trillion Allocation

Bymajorwavesen

Oil-Producing States Get N90.415 Billion as FG, States, and LGCs Share N1.289 Trillion Allocation In its October 2024 meeting, the Federation Account Allocation Committee (FAAC), led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, distributed N1.298 trillion among the federal, state, and local governments as allocation for September 2024. The…

Shell's Osagie Okunbor expresses optimism on Nigeria’s Oil and Gas future at Economic Summit

Shell’s Osagie Okunbor expresses optimism on Nigeria’s Oil and Gas future at Economic Summit

Bymajorwavesen

Shell’s Osagie Okunbor expresses optimism on Nigeria’s Oil and Gas future at Economic Summit Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at    the just concluded Nigeria Economic…

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Access Bank Reinforces Commitment to Combating Drug Trafficking and Money Laundering

Bymajorwavesen

Access Bank Reinforces Commitment to Combating Drug Trafficking and Money Laundering Access Bank PLC has strengthened its partnership with the National Drug Law Enforcement Agency (NDLEA) in the fight against illicit drug trafficking and money laundering. The bank’s Group Chief Executive Officer/Managing Director, Roosevelt Ogbonna, and Group Chief Conduct and Compliance Officer, Femi Jaiyeola, were…

Decentralized Power: A Key to Nigeria's Energy Future Lagos, Nigeria – October 18, 2024 – Governor Babajide Sanwo-Olu of Lagos State emphasized the importance of decentralizing the power sector in Nigeria to achieve a more sustainable and reliable energy future. Speaking at the Nigeria Energy Leadership Summit, Governor Sanwo-Olu highlighted the need to break free from the limitations of centralized power generation and distribution. Key Points: Decentralization as a Catalyst for Growth: Decentralizing the power sector can empower local stakeholders, reduce dependence on centralized grids, and create opportunities for innovation. Renewable Energy Investment: Lagos is actively investing in renewable energy infrastructure to reduce reliance on fossil fuels and improve air quality. Public-Private Partnerships: Collaboration between the government and private sector is crucial for driving sustainable energy development. Long-Term Sustainability: Energy policies must balance economic growth with environmental stewardship to ensure a sustainable future. Inclusive Access: Decentralization can help ensure that all residents, including those in rural areas, have access to affordable and reliable energy. Governor Sanwo-Olu's message underscores the importance of decentralization as a key strategy for Nigeria's energy transition. By embracing this approach, the country can unlock its full potential, improve economic resilience, and create a more sustainable future for its citizens.
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Decentralized Power: A Key to Nigeria’s Energy Future

Bymajorwavesen

Decentralized Power: A Key to Nigeria’s Energy Future Governor Babajide Sanwo-Olu of Lagos State emphasized the importance of decentralizing the power sector in Nigeria to achieve a more sustainable and reliable energy future. Speaking at the Nigeria Energy Leadership Summit, Governor Sanwo-Olu highlighted the need to break free from the limitations of centralized power generation…

Nigeria Energy Leadership Summit
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Nigeria Energy Leadership Summit Highlights Collaborative Efforts for Sustainable Power

Bymajorwavesen

Nigeria Energy Leadership Summit Highlights Collaborative Efforts for Sustainable Power The Nigeria Energy Leadership Summit, a key component of the Nigeria Energy Exhibition and Conference 2024, concluded with a strong focus on collaborative efforts to achieve sustainable energy security in Nigeria. Ministerial Opening Address The summit was inaugurated by Chief Adebayo Adelabu, Honorable Minister of…