State governments are now to bear the cost of electricity subsidy, along with the Federal Government, President Bola Tinubu, has directed. Vanguard gathered that funding for payment of the subsidy will now come from Power Assistance Consumers Fund, PCAF. PCAF is a government-backed financial pool designed to subsidise electricity bills for low-income and vulnerable households…
The Supreme Court held that the Federal High Court lacked jurisdiction to entertain claims arising from land disputes.. The Supreme Court on Thursday brought to a close a 29 years long dispute by dismissing an appeal challenging the decision of the Court of Appeal, Calabar Division, on a jurisdictional issue and nullifying a N1.4 billion…
The Nigerian National Petroleum Company Limited has unveiled its Gas Master Plan 2026, targeting 10 billion cubic feet of daily gas production to drive industrialisation and strengthen Nigeria’s energy security. The plan was launched on Friday at the NNPC Towers in Abuja, according to a statement issued by the company’s Chief Corporate Communications Officer, Andy…
The National Industrial Court of Nigeria (NICN) in Abuja has overturned the suspension of some staff members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The court also ordered the dissolution of the caretaker committee constituted by the Central Working Committee…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has provided further clarification for the ongoingi licensing round, especially for bidders interested in the 50 oil and gas blocks on offer. According to the Commission’s Chief Executive, Mrs. Oritsemeyiwa Eyesan, only applicants with strong technical and financial credentials will proceed to the critical stage of the bidding…
The Dangote Petroleum Refinery has increased the ex-gantry price of its Premium Motor Spirit (PMS), also known as petrol, to ₦799 per litre. The new price represents a ₦100 increase from the previous ₦699 per litre, which took effect on December 12, 2025, for the yuletide period. In a statement issued on Tuesday, the refinery…
The Nigeria National Petroleum Corporation Limited (NNPCL) has affirmed that the collaboration between host communities of the Trans Niger Pipeline (TNP) and Pipeline Infrastructure Nigeria Limited (PINL) has led to Increasing oil production and contributing to greater revenue for the country. The Head, Field Operations, Eastern Corridor, Project Monitoring Office, Akponime Omojevwhe, (PMO NNPCL), made…
Electricity supply has been restored to parts of the country following Nigeria’s first national grid collapse of 2026, as system operators commenced recovery efforts hours after a total outage was recorded on Friday. In an update on the incident, the Nigerian Independent System Operator (NISO) said the grid experienced a system-wide disturbance at about 12:40…
Electricity supply has been restored to parts of the country following Nigeria’s first national grid collapse of 2026, as system operators commenced recovery efforts hours after a total outage was recorded on Friday. In an update on the incident, the Nigerian Independent System Operator (NISO) said the grid experienced a system-wide disturbance at about 12:40…
Seplat Energy Plc is on the verge of eliminating routine gas flaring across its onshore operations, marking a significant environmental milestone as Nigeria’s oil and gas sector faces mounting pressure to reduce emissions. The company has completed all projects needed to end routine flaring, with facilities now in the commissioning stage, Okechukwu Mba, director of…
