Expert Urges Tinubu to Act on Hormuz 'Water War' Crisis
A development expert warns that the escalating Hormuz conflict could disrupt Nigeria's energy supply, urging President Tinubu to form a committee to mitigate economic impacts.
A development expert warns that the escalating Hormuz conflict could disrupt Nigeria's energy supply, urging President Tinubu to form a committee to mitigate economic impacts.
Despite global crude oil prices falling from $130 to $100 per barrel, Nigerian petrol stations maintain rates above N1,300 per litre, causing transport fare hikes and consumer outcry.
An advocacy group criticizes NMDPRA's decision to resume petrol import licences, warning it could weaken domestic refining and allow substandard fuel into Nigeria's market.
The Nigerian Electricity Regulatory Commission has inaugurated the Forum of Nigerian Electricity Regulators to enhance coordination and address market-wide challenges in the electricity sector.
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RecommendedNERC Chairman Musiliu Oseni identifies market sustainability as the core challenge in Nigeria's electricity sector, urging coordinated regulatory action to address structural issues beyond generation and distribution deficits.
The World Meteorological Organisation has called on Nigeria to bolster its resilience against climate change impacts, following warnings of extreme weather as a top global long-term threat.
A Nigerian man has gone viral after sharing the breakdown of expenses for installing two solar panels at his residence. He revealed the materials purchased and electrician fees, prompting varied reactions from netizens about solar energy affordability.
Electricity consumers in Anambra state have called on First Power to install prepaid meters, rejecting estimated billing practices. The company has opened a new meter lab in Onitsha to speed up installations, while state regulators pledge fair oversight.
Electricity consumers in Anambra state have called on First Power to install prepaid meters, ending estimated billing disputes. Regulators pledge oversight for fair, affordable power.
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RecommendedA Nigerian woman with a large mansion has upgraded her solar batteries after revealing she spent N1.5 million monthly on diesel despite having solar power for six years.
Power Minister Adebayo Adelabu discloses Nigeria requires over $100 billion in public and private investment to achieve reliable 24/7 electricity, citing gas shortages and infrastructure gaps.
The NMDPRA has approved six marketers to import petrol, challenging Dangote Refinery's 92% market share. This move aims to enhance distribution flexibility and stabilize prices amid supply concerns.
Minister of Power Adebayo Adelabu has formally apologized to Nigerians for persistent electricity outages, attributing them to gas shortages and pledging restoration within weeks.
Power Minister Adebayo Adelabu has publicly apologized for widespread electricity outages in Nigeria, citing gas pipeline issues. He announced a two-week timeline for improvements and new monitoring committees to enforce gas supply obligations.
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RecommendedNigeria's Federal Government has announced a fresh 14-day timeline and targeted strategies to address persistent electricity challenges, aiming for stable power supply and 6,000MW generation by 2026.
Petroleum depots in Nigeria reduce petrol and diesel prices, undercutting Dangote Refinery's benchmarks, providing short-term relief to marketers and consumers amid market volatility.
The Rockefeller Foundation and Global Energy Alliance have doubled funding to over $100 million for Mission 300, aiming to connect 300 million Africans to electricity by 2030, targeting poverty reduction and clean energy.
Pivot Energy has commissioned a new petrol station in Eket, Akwa Ibom State, aiming to relieve persistent fuel access issues and support growing economic activity in the region.
Power Minister Adebayo Adelabu has publicly apologized for persistent outages, citing gas supply issues, and promises improvements in electricity supply within two weeks.
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RecommendedSiemens AG and PE Energy Limited partner to deploy the GridScale X platform, aiming to enhance grid stability, metering accuracy, and operational efficiency in Nigeria's struggling power sector.
Bayelsa State government assures residents that the 60-megawatt gas turbine project is nearing commissioning to address prolonged power outages in Yenagoa and other areas.
The installHER program in Lagos is training Nigerian women in solar installation, system design, and energy management to address technical workforce shortages and gender inequality in renewable energy.
Minister of Power Adebayo Adelabu has formally apologized to Nigerians for persistent power outages, citing gas supply issues and promising improvements within two weeks.
Aliko Dangote has cautioned that petrol prices in Nigeria could rise further if global energy market volatility and geopolitical tensions persist, warning of economic hardship for households and businesses.
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RecommendedExplore four budget-friendly solar power solutions for Nigerian households, from small panels to generators, with honest breakdowns of costs, capacity, and what appliances they can actually run.
Ikeja Electric has attributed the ongoing poor power supply across Nigeria to a nationwide drop in electricity generation, driven by limited gas supply to thermal power plants, reducing grid allocation.
Dangote Refinery has increased cooking gas prices for the second time in 48 hours, pushing retail prices toward N1,000 per kilogram. Marketers cite logistics costs and global oil prices as key factors driving the increase.
A severe electricity crisis grips Nigeria, with households in multiple states reporting barely one hour of power daily. The blackouts, worsened by a heatwave, force reliance on generators and solar systems, causing business closures and food spoilage.
Ikeja Electric attributes reduced electricity supply to a nationwide decline in power generation due to limited gas supply to thermal plants, affecting grid allocations.
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RecommendedAnalysis argues that unbundling the Transmission Company of Nigeria under state control perpetuates inefficiency, calls for full privatisation and renewable energy adoption to boost the economy.