Aviation Minister Festus Keyamo says fuel subsidy removal helped raise $500m to reconstruct the Lagos airport and other aviation infrastructure. Read More: https://punchng.com/subsidy-removal-funded-500m-lagos-airport-rebuild-keyamo/
The House of Reps Public Accounts Committee is set to probe the NNPC and INEC over alleged financial breaches totalling N802.19bn flagged in audit reports. Read More: https://punchng.com/n802bn-audit-breaches-reps-probe-nnpc-inec/
Japanese automaker Honda has developed the underlying technology for a wireless charging system that can supply electricity to electric... The post Honda develops technology for wireless charging of moving electric vehicles appeared first on Nairametrics .
Atiku Abubakar, former vice president and presidential candidate of the African Democratic Congress (ADC), has demanded a full disclosure of read more Atiku links N11.2trn NNPC claims to Tinubu campaign funding, demands details
Accidents in the Nigerian electricity supply industry rose by 50 per cent in the second quarter of 2026, leaving 20 people dead and 23 injured, according to the Nigerian Electricity Regulatory Commission (NERC). The Commission’s Second Quarter 2026 reported that licensees recorded 36 accidents, up from 24 in the first quarter. Deaths rose from 17 […]
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has kept oil production levels unchanged for November 2026 at a combined 31.01 million barrels per day for seven participating countries. The post OPEC+ keeps November oil production unchanged at 31.01 million bpd appeared first on Nairametrics .
Electricity distribution companies in Nigeria collected N603.64bn in Q2 2026 despite a 3.4% drop in power offtake, a new NERC report has revealed. Read More: https://punchng.com/discos-earn-n603bn-as-power-offtake-drops/
By Yinka Kolawole The Federal Government’s electricity subsidy bill fell 35.27 percent to N679.58 billion in the first half of 2026 from N1.05 trillion recorded in the corresponding period of 2025, as lower electricity off-take by distribution companies helped reduce the cost of keeping tariffs below cost-reflective levels. The Nigerian Electricity Regulatory Commission (NERC) stated […] The post Electricity subsidy falls 35% to N679bn in H1’26 appeared first on Vanguard News .
Solardero Foundation is tackling Nigeria’s energy poverty by providing solar-powered bags and electricity to off-grid schools and communities. Read More: https://punchng.com/expert-tackles-nigerias-off-grid-crisis-through-clean-tech/
Nigeria is no longer arguing about whether it can refine petrol. It is arguing about whether it should still import the same product now that a large local refinery exists. On one side are marketers, some officials, and a competition argument that says a cargo at the jetty keeps prices honest and low. On the […] The post Nigeria cannot import its way out of high petrol costs appeared first on Nairametrics .
The Group said the release would include a “frontloaded substantial diesel release within the first 20 days by G7 members and partners” The post G7 to release up to 100 million barrels of oil, diesel from reserves appeared first on Premium Times Nigeria .
By Obas Esiedesa, Abuja The Federal Government (FG) has begun engagements with electricity distribution companies to develop Energy Zones aimed at delivering 24-hour electricity supply to homes, businesses and industries in major demand centres across the country. The Minister of Power, Joseph Tegbe, held a closed-door meeting with the leadership of selected distribution companies to […] The post FG plans 24-hr power zones in Lagos, Abuja, Kano, others appeared first on Vanguard News .
The Federal Government has begun construction of a new National Control Centre in Osogbo, Osun State, to replace the 64-year-old facility and improve monitoring, coordination, and stability of Nigeria’s electricity grid. The post FG breaks ground on new National Control Centre to strengthen grid reliability appeared first on Premium Times Nigeria .
Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are set to launch a $16 billion oil refinery in Lamu, Kenya, amid protests and legal challenges over land acquisition, compensation, and environmental concerns. The post Dangote, Ruto to launch $16 billion Kenya refinery amid land protests appeared first on Premium Times Nigeria .