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 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 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…
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 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 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…
Heirs Energies Advocates for Innovative Financing and Collaboration to Drive Nigeria’s Energy Transition Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies, has urged for innovative financing mechanisms and strategic collaboration to accelerate Nigeria’s transition to renewable energy. Speaking at the Nigeria Energy Leadership Summit, Nwanze emphasized the importance of tailored financial solutions…
Genesis Powers Nigeria’s Energy Future Genesis, a leading energy solutions provider in West Africa, has solidified its position as a key player in Nigeria’s energy sector by sponsoring the Nigeria Energy Leadership Summit. The event, held from October 15-17 in Lagos, brought together industry experts, government officials, and stakeholders to discuss the future of energy…
CORAN Summit Highlights Vision for Transforming Nigeria’s Refining Sector The Crude Oil Refinery Owners Association of Nigeria (CORAN) has successfully hosted its maiden summit, CORAN 2024, under the theme “Making Nigeria a Net Exporter of Petroleum Products.” The landmark event discussed the future of Nigeria’s oil refining industry and its potential to drive economic growth…
OTL Africa Appoints Joyce Akabogu as New CEO OTL Africa Downstream Development in Africa Ltd./Gte, a leading international energy NGO, has announced the appointment of Joyce Akabogu as its Managing Director and Chief Executive Officer. This appointment comes as the organization expands its advocacy and operations across the African energy sector. Akabogu, a founding director…
