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Energy
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REA identifies solar energy as Nigeria’s quickest solution to power deficits
REA Managing Director Abba Aliyu claims solar energy is the fastest way to resolve Nigeria's electricity crisis, while Power Minister Joseph Tegbe highlights legislative reforms as the path forward.
Dangote Refinery Rejects Allegations of Fuel Export and Re-import Schemes
Dangote Refinery has formally denied claims that it exports petroleum products to Lomé for re-importation, citing logistical costs and strict contractual prohibitions.
NMDPRA Issues New Petroleum Import Licenses to Seven Firms
To combat declining fuel reserves, the NMDPRA has authorized seven oil marketers to import petrol and diesel for the third quarter of 2026.
NUPRC Urges Defence Ministry to Bolster Oil Infrastructure Security
The NUPRC and the Ministry of Defence are partnering to implement non-kinetic security strategies to protect Nigerian oil infrastructure and increase crude production.
NMDPRA Plans Import Permits to Tackle LPG Supply Shortfall
The NMDPRA aims to stabilize domestic LPG prices and bridge a projected 165,000-metric-tonne supply gap by issuing import permits and redirecting exported gas back to local markets.
South-East consumers advocate for compensation over tariff band downgrades
The South East Electricity Consumers Association has urged regulators to adopt a compensation model for service failures rather than relying on tariff band downgrades, labeling the NERC's recent compensation initiative a constructive approach.
MRS Filling Stations Lower Petrol Prices Following Dangote Refinery Adjustments
MRS stations in Abuja have dropped their petrol prices by N76 per litre following the recent reduction in gantry prices at the Dangote Refinery.