NMDPRA Blames high cost of Cooking Gas on Marketers
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says liquefied petroleum gas (LPG) wholesalers…
Cooking gas price falls as supply improves
The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has dropped by 31.8 per cent from a peak of about per kilogramme to N1,500/kg, bringing much-needed relief to Nigerian households. President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Edu Inyang attributed the drop to sustained engagements among industry stakeholders,…
National grid glitch disrupts power across Lagos
The Transmission Company of Nigeria, TCN, has confirmed a major disruption in electricity supply affecting the Lagos power network following a voltage instability on the national grid on Thursday morning. According to the company, the incident occurred at about 8:19 a.m. when a sudden voltage fluctuation developed within the national grid system and quickly spread…
Nigeria records rise in gas output-Verheijen
Nigeria’s gross gas production has risen to 7.63 billion standard cubic feet per day from about 6.83 billion standard cubic feet per day in 2023, the Presidency has said. Special Adviser to the President on Oil and Gas, Mrs Olu Verheijen, disclosed this at the Nigerian-British Chamber of Commerce Energy Day 2026. A text of…
NMDPRA Blames high cost of Cooking Gas on Marketers
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says liquefied petroleum gas (LPG) wholesalers and retailers are charging non-cost reflective prices, pushing cooking gas prices as high as N2,100 per kilogram despite significantly lower indicative prices issued by the regulator. The authority disclosed this in a presentation delivered by Rabiu Umar, chief executive officer…
Fuel prices remain unchanged Despite drop in crude oil Price
Crude oil prices have dropped globally, but fuel prices and transport fares in Nigeria remain unchanged. Also there are heightened concerns among Nigerians over the implication of that on their purchasing power and inflation in the country. Stakeholders are now calling for a cut at the pump, while marketers say Nigerians should be patient as…
PenCom gives MDAs deadline to submit retirees’ details
The National Pension Commission has directed treasury-funded Ministries, Departments and Agencies to submit details of employees who retired or are due to retire between January 1 and December 31, 2026, as part of preparations for the implementation of the Federal Government’s newly approved Exit Benefit Scheme. In a circular dated June 16, 2026, PenCom said…
NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study
A delegation from the Ghana National Petroleum Corporation (GNPC) has visited the Nigerian Content Development and Monitoring Board (NCDMB) on a knowledge sharing and local content benchmarking study, with a view to deepen their understanding of the Board’s local content development practices in the areas of policy frameworks and implementation strategies, among other things. The…
NDPHC assures reliable power to enhance businesses and empower communities –
The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, has reaffirmed the company’s commitment to delivering reliable and sustainable electricity across Nigeria, stressing that stable power supply remains critical to deepening democracy and driving economic growth. In her goodwill message to commemorate Democracy Day, Adighije said…
NCDMB’s Oil And Gas Park To Become Operational Q4 2026
The Nigerian Oil and Gas Park Scheme (NOGaPS) at Emeyal-1, in Ogbia Local Government Area of Bayelsa State will become operational by the fourth quarter of 2026, the Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed. Towards the target date, the NCDMB is set to install a 2.5-megawatt Compressed Natural Gas (CNG) power plant…
FG Orders Increase Cooking Gas Imports To Address Shortfall.
The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, explained that the recent hike in prices of cooking gas in the domestic were driven largely by prevailing market realities such as foreign exchange volatility, rising logistics costs, infrastructure constraints, and fluctuations in international LPG prices. The Federal Government has therefore directed the Nigerian Midstream and Downstream…
