The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has urged government to address the nation’s aging pipelines, inefficient ports, and infrastructure gaps. DAPPMAN Chairperson, Mrs Moroti Adedoyin-Adeyinka, made the appeal on Wednesday during the OTL Africa Downstream Week 2025 in Lagos. She was represented by Mrs Ngozi Ekeoma, Group Managing Director of Nepal…
Liquefied Petroleum Gas marketers have set a target to raise Nigeria’s annual LPG supply to six million metric tonnes in the coming years as part of efforts to deepen the use of cleaner energy across the country. The outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Oladapo Olatunbosun, disclosed this at the…
The Federal Government has declared its full support for Dangote Refinery’s plan to boost production capacity to 1.4 million barrels per day (bpd), describing the project as a “game-changer” for Nigeria, West Africa, and the entire continent. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made this known on Monday in Lagos while speaking…
The Federal Ministry of Steel Development has signed a joint strategic cooperation declaration for the establishment of a $400 million modern steel plant in Ewekoro, Ogun State. The agreement with Inner Galaxy Group’s Stellar Steel Company Limited is part of ongoing efforts by the government to accelerate Nigeria’s industrialisation. The minister of Steel Development, Prince…
The Federal government says a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry. The Minister of Power, Adebayo Adelabu, who made the disclosure at the Nigeria Energy Forum in Lagos, said that the government would also introduce a minimum capital adequacy requirement for distribution…
Seplat Energy Plc, leading Nigerian independent energy company, has held the 2025 Annual Media Training Programme in Abuja, in line with the company’s commitment to media excellence, entrepreneurship and economic well-being. A press statement Mr. Stanley Opara, Manager Corporate communications, says the training programme, which had in attendance 50 journalists, brought together media professionals in…
As part of efforts to address the metering gaps in the power sector, the Federation Account Allocation Committee (FAAC), has secured N7000BN, under the Presidential Metering Initiative (PMI) to deploy 1.1 million meters by the end of 2025, and 2 million meters annually for the next five years. This is to complement the 3.2 million…
The NNPC Ltd has reiterated its commitment to the development and revamping of downstream across the country to enhance collaboration and drive efficiency in the sector. Group Chief Executive Officer, Engr. Bayo Ojulari, stated this at the opening ceremony of the 2025 OTL Africa Downstream Energy Week in Lagos. NNPC boss who was represented at…
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…
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…
