Vice President Yemi Osinbajo says Nigeria, as a nation, needs to consider investments in Green Hydrogen in view of energy transition. Osinbajo made the call while unveiling a book titled “Understanding Natural Gas: A Nigerian Perspective” on Thursday in Abuja. The Vice President urged the Nigeria National Petroleum Company Limited (NNPC Ltd) to take into account investments in green hydrogen ...

Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami, has dismissed allegations of loss of $2.4 billion on sale of 48 million barrels of crude oil in China as baseless. Malami stated this, yesterday, when he appeared before the House of Representatives Ad-hoc Committee investigating alleged sale of 48 million barrels of crude oil amounting to over ...

……continues consultation with Stakeholders and preparation for final removal…….. The National Economic Council (NEC) has put on hold the planned removal of subsidy on Premium Motor Spirit (PMS) otherwise known as petrol by the end of President Muhammadu Buhari’s administration. The Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed disclosed, this while briefing State House correspondents at the ...

In furtherance of its efforts to deepen Nigeria’s domestic gas utilization and enhance gas export in Nigeria, the Nigerian National Petroleum Company Limited (NNPCL) has signed a Memorandum of Understanding (MoU) with a Golar LNG (GLNG), Norwegian company to build a Floating Liquified Natural Gas (LNG) plant in Nigeria Mele Kyari, Group Chief Executive Officer(GCEO NNPCL) and Mr. Karl Fredrik ...

Oando Clean Energy Limited, OCEL, has taken delivery of the electric mass transit buses that will kick off the Proof of Concept phase of its Sustainable Transport Initiative. The delivery is in fulfilment of a Memorandum of Understanding, MoU, between Lagos Metropolitan Area Transport, LAMATA and OCEL, signed in 2022. The LAMATA, is a Lagos State Government Agency tasked with ...

Interest is growing in the Nigeria Prize for Literature, sponsored by Nigeria LNG Limited (NLNG). The company has already recorded a remarkable 61 per cent increase in entries for Drama cycle, with 143 entries received for the 2023 edition against 89 entries in the last Drama cycle in 2018. The entrants will compete for a top prize of $100,000. This ...

Axxela Limited, sub-Saharan Africa’s leading gas & power company, has reinstated commitment to invest in clean energy space to further bolster Nigeria’s energy security initiative. The company made the commitment when it received an industry award as the ‘Nigerian Domestic Gas’’ ambassador in recognition of its strong commitment and support for the advancement of the natural gas sector from the ...

The ND Western Limited (NDW), through its Women Network is leveraging its human assets to drive narratives around equity for the female gender, joining several non-governmental organizations that are championing the cause for women’s empowerment. The United Nations Sustainability Development Goal #5 is targeted at achieving gender equality and empowering all women and girl-child across the world. They maintained that ...

The enthronement of transparency, prudent management of financial resources, and deployment of a new master plan are some of the strategies that would attract the private sector to support the Niger Delta Development Commission (NDDC) and return the agency to the path of sustainable development of the Niger Delta region, the Executive Secretary of the Nigerian Content Development and Monitoring ...

He made the submission in the keynote address he delivered at the NDDC Public-Private Partnership Summit 2023 held in Lagos on Tuesday, hinting that once the finances of the Commission are transparently and prudently managed, it will entice genuine local and international partnerships. He also recommended that the NDDC should project itself positively through its choice of signature projects and ...