OTL: Oyebanji calls for Energy Sustainability that is Competitive and Adaptable to Global Environment.
The Chairman, Advisory Board of of OTL, Africa, Downstream Energy Week, Otunba Adetunji Oyebanji, says…
OTL: Lokpobiri Commends on-going Reforms in the oil and Gas Sector.
The minister of state for petroleum Resources (Oil), Senator Heineken Lokpobiri says Nigeria’s downstream sector is gradually stabilising, following the removal of fuel subsidy and the liberalisation of petroleum product pricing, describing the development as a bold and necessary step to attract private sector investment. The Minister, who made this known at the opening session…
OTL: Oyebanji calls for Energy Sustainability that is Competitive and Adaptable to Global Environment.
The Chairman, Advisory Board of of OTL, Africa, Downstream Energy Week, Otunba Adetunji Oyebanji, says Energy sustainability is not just about preserving resources, but it is also building an industry that is competitive, responsible, and adaptable to a rapidly changing global environment. Otunba Oyebanji stated this at the opening session of the 19th OTL Africa…
OTL 2025 to Feature High level Engagements on Regulatory Collaboration in the Energy Market
This year’s edition of the Africa Downstream Energy Week, tagged “OTL 2025” is expected to feature ministerial and regulatory panels involving five West African countries, with over 60 speakers across ten strategic sessions addressing issues around investment, finance, technology, corporate realignment and sustainability. The Chairman of the Advisory Board, Otunba Adetunji Oyebanji, made this known…
New N28bn metering bailout by NERC
When the Nigerian Electricity Regulatory Commission (NERC) unveiled a N28 billion bailout for electricity distribution companies last month, the announcement landed with both optimism and fatigue. The funds are earmarked to procure and install meters for customers in tariff Bands A and B, at no cost to consumers. The move is part of the broader…
NUPRC Has Restored confidence in Nigeria’s oil sector – Lokpobiri
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said investor confidence is back in Nigeria’s oil sector. The Minister commended the Nigerian Upstream Petroleum Regulatory Commission, NUPRC for changing the narrative in upstream activities by restoring confidence in line with the Petroleum Industry Act (PIA), 2021, which he said is evident in…
FG considers use of Renewable Energy in Public Hospitals and Vacities.
The Energy Commission of Nigeria has reaffirmed the Federal Government’s commitment to tackling electricity challenges in public hospitals and universities through increased investment in renewable energy. The Director-General of the ECN, Dr. Mustapha Abdullahi, disclosed this in a statement issued on Thursday to mark his two years in office. He said the Renewed Hope Solarisation…
ASUU suspends warning strike, says there is progress in negotiations
The Academic Staff Union of Universities (ASUU) has suspended its two-week warning strike. Chris Piwuna, president of ASUU, addressed the press on Wednesday after an overnight national executive council (NEC) meeting that ended at 4:00 am. ASUU had embarked on a warning strike on October 13 over its dissatisfaction with the federal government’s response to…
Scarcity of cooking gas persists Across the County
DESPITE the appeal by the minister of State Petroleum Resources (Gas), Honourable Ekperikpe Ekpo, urging marketers, distributors, and all stakeholders along the LPG (cooking gas) value chain to desist from hoarding the product and refrain from exploiting consumers for profit, the product’s scarcity persist in Lagos, Abuja, Delta States, others. Besides, for the few available…
FRSC to scrap temporary driver’s licence
Shehu MohammedThe Corps Marshal of the Federal Road Safety Corp (FRSC), Shehu Mohammed The Federal Road Safety Corps (FRSC) has announced that it has upgraded its printing facility to deliver an average of 15,000 driver’s licences daily, with a target to clear all existing backlogs before the second week of November 2025. The Corps Marshal,…
Nigeria to Review its OPEC quota.
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said Nigeria will demand a higher oil production quota at the next meeting of the Organisation of Petroleum Exporting Countries scheduled for November. Lokpobiri disclosed this on Tuesday in Abuja during an interview with the media team of the Nigerian Upstream Petroleum Regulatory…
