The National Bureau of Statistics reveals diesel prices fell 9.32% year-on-year in January 2026, with Lagos, Akwa Ibom, and Borno recording the highest costs while Kogi, Ogun, and Zamfara had the lowest.
The National Bureau of Statistics reports a significant 17.77% year-on-year decrease in petrol prices for January 2026, with Cross River, Rivers, and Nasarawa recording the highest prices while Ekiti, Enugu, and Kaduna have the lowest.
Ikeja Electric has ordered traders and business operators to vacate areas beneath high-voltage power lines in Lagos, warning of demolition and prosecution for non-compliance.
The Niger Delta Power Holding Company has urged the federal government to phase out electricity subsidies and introduce fully cost-reflective tariffs to address liquidity challenges and stabilize Nigeria's power sector.
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The Rural Electrification Agency and ECOWAS sign a $700,000 grant agreement to power 15 health and education facilities with solar energy in FCT, Niger, and Nasarawa states, aiming to combat energy poverty.
The House Committee on Renewable Energy has ordered the Rural Electrification Agency MD to appear within 24 hours to account for N151 billion in government funds and international grants received between 2015 and 2024.
Dangote Petroleum Refinery has secured an agreement with 12 major petroleum marketing companies to distribute up to 65 million litres of petrol daily across Nigeria, aiming to reduce fuel imports and stabilize prices.
The Federal Government has secured a $700,000 ECOWAS grant to install solar power systems in 15 public health and education institutions across Nigeria, marking the start of a regional clean energy initiative.
The Association of Power Generation Companies has dismissed reports that President Tinubu reduced legacy debts from N6.5 trillion to N2.8 trillion, calling the claims false and misleading without official confirmation.
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The Association of Power Generation Companies rejects claims that N2.8 trillion is the final settlement for legacy debts, insisting proper reconciliation hasn't occurred while maintaining confidence in President Tinubu's administration.
President Bola Tinubu has approved N2.8 trillion as verified electricity subsidy debt to power generation companies, rejecting their N6 trillion claim after government audit.
The Federal Government has launched a nationwide initiative providing free electricity meters and installation to consumers across all 36 states and Abuja, warning against any illegal charges.
The Federal Government plans to disconnect the Presidential Villa from the national power grid by March 2026 after completing a solar power installation. The project, funded with N10bn in 2025 and an additional N7bn proposed for 2026, aims to cut energy c
A partial collapse of Nigeria's national electricity grid has left five South-East states without power, with restoration efforts ongoing amid concerns over upcoming gas facility maintenance that could reduce supply by 20%.
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Nigeria's cooking gas prices have fallen significantly, with Dangote Refinery reducing its ex-depot rate to N760 per kilogram. Improved forex stability and local production are driving the downward trend, offering relief to households.
The Managing Director of Dangote Refinery announced that the facility is operating in phases to optimize efficiency, aiming to meet domestic petroleum demand before expanding exports across Africa.
Power generation companies in Nigeria reveal unpaid electricity invoices have reached N6 trillion, attributing it to revenue shortfalls and weak remittances. The Association of Power Generation Companies rejects Nigeria Labour Congress allegations of exto
President Bola Tinubu has eliminated the 30% management fee previously retained by NNPC Limited on profit oil and gas, directing revenues to flow directly to the Federation Account.
The Niger Delta Development Commission has initiated a six-week CNG conversion training programme for 400 youths, aiming to equip them with skills for Nigeria's clean energy sector and reduce unemployment.
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A Nigerian solar installer has sparked online buzz by showcasing an electric machine that effortlessly lifts 30kg solar panels to roofs, drawing praise and questions from viewers.
The Transmission Company of Nigeria schedules maintenance at Zungeru Substation in Niger State on February 18-19, 2026, with brief power interruptions expected in Kontagora, Tegina, Yauri, and nearby communities.
Nigeria's electricity generation plummeted to just 1,471MW after 17 power stations shut down, exposing severe structural weaknesses in the national grid and raising concerns about system management.
Retail cooking gas prices have dropped nationwide, with some outlets selling as low as N900/kg. Improved imports and depot supply have stabilized the market, with Nigeria now having 18 days of LPG sufficiency.
Dangote Petroleum Refinery has reduced its Automotive Gas Oil price to N880 per litre, marking a N30 drop. This move positions it below competing importers and aims to lower operational costs for Nigerian industries.
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Nigeria's domestic refining capacity surged 57% in three months, reducing fuel imports significantly. The NMDPRA credits Dangote Refinery for driving output gains, though analysts warn sustainability depends on crude supply and policy consistency.
Dangote Refinery supplied 62% of Nigeria's petrol in January 2026, marking a historic shift from import dependence to domestic production dominance.
The Nigeria Labour Congress has warned of nationwide industrial action over recurring grid collapses, criticizing power sector privatization and rejecting tariff hikes while demanding state intervention.
Nigeria's downstream petroleum sector faces a fierce price war as depot owners reduce petrol prices to around N780 per litre, competing with Dangote Refinery's N744 rate. Consumers benefit from lower pump prices, potentially stabilizing the fuel market am
Tetracore Energy Group has officially commissioned a new 60,000 Standard Cubic Metres per Day Auto Compressed Natural Gas facility in Ogere, Ogun State. This strategic investment aims to provide cleaner, cost-effective fuel for transportation and industri
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German engineering giant Siemens has formally restarted its $2.3 billion power agreement with Nigeria, aiming to boost grid capacity from 4,000MW to 25,000MW and end chronic electricity shortages through infrastructure overhaul.
