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Ekpo seeks strategic policy framework to drive Africa’s gas revolution

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called for a robust and strategic policy framework to unlock Africa’s vast gas resources and ensure energy security, economic diversification, and sustainable industrialisation. Ekpo made the call while speaking at the Nigerian International Energy Summit (NIES) in Abuja and  stated that with over 600…

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Nigeria oil marketers give Tinubu 7 days to pay N100b bridging claims

Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum yesterday gave Nigerian President Bola Tinubu seven working days ultimatum to pay its over N100billion bridging claims. In its communique issued to reporter in Abuja, the Depot Chairmen Forum, Alhaji Yahaya Alhassan said should the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fail to…

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HEIRS energies seeks increased oil production

Chairman of Heirs Energies and the Convener of the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD), Tony O. Elumelu will bring together government decision-makers, global energy CEOs, and sector pioneers, in Abuja. This high-level gathering aimed at forging actionable strategies for accelerating Nigeria’s oil production growth. Heirs Energies Limited is Africa’s leading indigenous-owned…

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Nigeria earns $305b cash from oil, gas sector

Between 2014 and 2024, Nigeria, Africa’s largest economy, earned $305billion as revenue inflows from the oil and gas sector according to the Nigeria Extractive Industries Transparency Initiatives (NEITI). It disclosed this when its executive secretary/national Coordinator, Dr Orji Ogbonnaya Orji appeared before the Senate Public Accounts Committee (SPAC) in Abuja. According to Orji in his…

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Nigeria records $305b cash inflow from oil, gas sector

The Federal Government realised the sum of $305billion as revenue inflows from the oil and gas sector from 2014 to 2024, it was learnt yesterday. The Nigeria Extractive Industries Transparency Initiatives (NEITI), disclosed this when its executive secretary/national Coordinator, Dr Orji Ogbonnaya Orji appeared before the Senate Public Accounts Committee (SPAC) in Abuja. According to…

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