Shell attributes rising gas output to pricing reforms
Shell Nigeria Gas has attributed the growth in domestic gas production and investment to reforms that introduced clearer pricing frameworks and reduced policy uncertainty in the sector. The company stated this at the second business forum of the Association of Local Distributors of Gas held in Abuja, where industry stakeholders discussed ways to improve access […]
Lagos Rules Out Electricity Subsidy for Consumers
Electricity consumers in Lagos may need to brace themselves for a hike in electricity tariffs as the state government says there will be no subsidy in Lagos. As the state transitions to an autonomous electricity market, the Commissioner for Energy and Mineral Resources, Biodun Ogunleye, said consumers in the state would pay the real cost […]
OPEC+ hikes oil production quotas after UAE withdrawal
Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates. The seven major producers will add 188,000 barrels per day to their total production quota for June amid the price […]
Nigeria Backs OPEC Amid UAE Exit Concerns & Price Fears
Amid fresh concerns by energy experts that the planned exit of the United Arab Emirates from the Organisation of the Petroleum Exporting Countries may weaken the cartel’s influence on global oil prices and ultimately hurt Nigeria’s revenue outlook, officials of the Federal Government have reaffirmed their commitment and that of the government to OPEC and […]
Calls Grow for Solar Expansion Amid Nigeria’s Energy Crisis
Renewable energy experts and civil society groups have raised fresh concerns over Nigeria’s deepening electricity crisis, warning that the country’s power generation remains grossly inadequate for its population and economic ambitions. They said Nigeria’s national grid currently generates about 5,000 megawatts for over 200 million people, translating to roughly 24.5 watts per person, barely enough […]
Stakeholders Seek Stronger Nigeria Gas Laws for Investment
Stakeholders in Nigeria’s gas industry have called for stronger legal and regulatory frameworks to attract investment and unlock the country’s vast gas resources, following deliberations at the inaugural Legal Forum organised by the Nigerian Gas Association. In a statement on Wednesday, the association said the maiden forum, held on 17 April 2026, brought together legal […]
New mini-grid regulations to boost renewable energy in Niger
The Managing Director of the Rural Electrification Agency, Dr Abba Aliyu, has hailed the newly released mini-grid regulations of the Nigerian Electricity Regulatory Commission, describing them as a historic turning point that will fast-track large-scale project delivery in Nigeria’s renewable energy sector. A statement from the firm stated that the updated regulation released by NERC […]