The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on industry operators, particularly large consumers of petroleum products, to consider moving from the use of diesel to gas in line with the Federal Government’s designation of gas as Nigeria’s transition fuel after the Petroleum Motor Spirit. NMDPRA’s Chief Executive, Farouk Ahmed made the call at a one-day Stakeholders …

Savannah Energy PLC, the British independent energy company, has announce the signing of a Memorandum of Agreement by Savannah Energy Niger Solar Limited with the Government of the Republic of Niger for the development of two solar photovoltaic power plants, which have a combined installed power generation capacity of up to 200 megawatts. A signature ceremony was held on Thursday …

The Chairman of Seplat Energy, Mr. Basil Omiyi has announced that the company’s total revenue rose by 29.8 per cent to $951.8 million as at the financial year ended 31st December 2022. At the company’s 10th Annual General Meeting (AGM) held virtually on Wednesday with shareholders, regulators, company directors, and the media, Omoyi said that the profit before tax rose by …

Former Minister of Power, Mr. Sale Mamman has been arrested and detained by the Economic and Financial Crimes Commission (EFCC) in connection with an alleged N22 billion fraud. Mamman, who was a minister between 2019 and 2021, was arrested in the early hours of Wednesday and is being detained at the headquarters of the anti-graft agency in Abuja, sources told …

Vice President Yemi Osinbajo, on Monday in Abuja, said that it would take “serious” private sector investment in Nigeria’s power sector to meet the country’s rising energy needs. Osinbajo made the observation when he presented the discharge certificate to the Chairman of Transcorp Ughelli Power Limited, Mr. Tony Elumelu. The company is the core investor in the Ughelli Power Plant …

A graduate of Interlink Polytechnic, Ijebu-Jesa, Osun State, Oyekunle Ayansola has said that it took him 13 years to build an eco-friendly generator for steady power supply. He said his invention was spurred by his parent’s broken marriage 13 years ago and the economic hardship that followed. According to him, the challenges he faced made him look for innovative ways …

Egbin Power Plc, a Sahara Group company, and the Nigerian Conservation Foundation (NCF) have commenced a partnership geared towards the establishment of a nature reserve in Ikorodu, Lagos State to promote environmental sustainability. Ikorodu, a coastal city in Lagos, is home to Egbin Power, the largest privately run thermal plant in sub-Saharan Africa that serves over 30 million households in …

The Transmission Company of Nigeria (TCN), says the suspension of three electricity distribution companies, APLE Electric Limited, Kano, and Kaduna Electricity Distribution Companies, was by the Market Operator (MO). The action according to a statement by TCN‘s General Manager, Public Affairs, Ndidi Mbah, was following a breach of market rules, which govern and sanitise the Nigerian electricity supply industry. According to …

A civil society organisation, Make a Difference Initiative (MADI) has faulted the 12-month Board of Directors Succession Forward Plan recently announced by Seplat Energy PLC. The plan would see the Board Chairman, Mr. Basil Omiyi remain in office till May 2024. MADI, which is dedicated to transparency, accountability, and good governance in Nigeria’s public and private sectors, said the plan …

Lagos State Governor, Mr Babajide Sanwo-Olu has expressed his administration’s readiness to partner with would-be investors and Distribution Companies (DisCos) on sustainable power in the state. He said his administration will continue to collaborate with investors to improve power generation, transmission and distribution in the State, ensuring that quality power supply is provided for Lagos residents. Sanwo-Olu spoke on Wednesday …