The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has criticised Bayo Ojulari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, over his comments about the Port Harcourt refinery. PETROAN asked the NNPC executive not to use the failure of the state-owned asset as a basis for praising…
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…
Dangote Industries Limited (DIL) has signed gas supply agreements with the Nigerian National Petroleum Company (NNPC) Limited for three of its subsidiaries. The move is said to be part of efforts to meet the growing energy needs of DIL’s expansion projects. The agreements, according to a statement on Sunday, were signed during the unveiling of…
The Minister of Federal Capital Territory (FCT), Chief Nyesom Wike, has inaugurated 9.4-kilometre Ogu Community Road Network and a 1,500-seater Royal Hall built by the Niger Delta Development Commission (NDDC) in Ogu, Ogu-Bolo Local Government Area of Rivers State. Speaking at the inauguration of the two projects, Wike said they were further demonstrations of the…
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 Nigerian Railway Corporation (NRC) has announced plans to deploy Liquefied Natural Gas (LNG)-powered trains and to expand the national rail network to 10,000 kilometres over the next five years as gas infrastructure opens along key corridors. Managing Director of the NRC, Dr. Kayode Opeifa, disclosed this during a monitored televised interview, stating that the…
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…
