World Bank Calls for Nigeria to Resume Petrol Imports
The World Bank has called on Nigeria's Federal Government to reopen petrol imports to boost competition and lower prices, sparking reactions from marketers and energy experts.
The World Bank has called on Nigeria's Federal Government to reopen petrol imports to boost competition and lower prices, sparking reactions from marketers and energy experts.
A Nigerian remote worker shares his positive experience with a solar inverter purchased in 2024, highlighting cost savings and productivity gains amid frequent power outages.
Nigerian households face a 5% increase in cooking gas prices due to rising global crude oil costs, driven by Middle East tensions. Dangote Refinery and depot owners adjust rates swiftly, impacting family budgets.
Nigeria's electricity supply remains critically low at 3,000-4,000MW, weeks after Power Minister Adebayo Adelabu promised improvements. Gas shortages, payment disputes, and infrastructure limitations continue to plague the sector despite government assura
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RecommendedResidents in seven northern Nigerian states will face scheduled power outages from April 9 to May 22, 2026, as authorities upgrade transmission infrastructure to improve grid reliability and efficiency.
Electricity consumers in seven northern Nigerian states will face six weeks of scheduled power outages due to maintenance on the Jos-Gombe transmission line, aimed at modernizing the national grid.
Nigerian motorists get relief as Dangote Refinery and marketers reduce petrol prices following a 15% global oil crash triggered by US-Iran ceasefire. Experts warn the price drop may be temporary.
Yola Electricity Distribution Company announces scheduled power outages in Adamawa, Taraba, and Yobe states for maintenance on the Jos-Bauchi-Gombe 330kV transmission line from April 9 to May 22, 2026.
The Presidential Initiative on Compressed Natural Gas and Electric Vehicles reassures the public on CNG safety after a vehicle explosion in Kaduna, while Delta State commissions new stations to cut transport costs and promote cleaner energy.
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RecommendedElectricity distribution companies in Nigeria recorded a N63.46 billion revenue shortfall in January 2026 as recovery efficiency fell to 69.16%, amid stricter NERC performance targets.
The Nigerian Independent System Operator discloses achievements in grid stability and market transparency while highlighting persistent infrastructure and liquidity challenges affecting the electricity sector.
Arise O Compatriot Initiative demands reversal of Engr. Sule Abdulaziz's reappointment as TCN MD, citing grid instability and poor performance, threatening peaceful protests.
Tetracore Energy Group has commissioned a new Auto CNG station in Benin City, Edo State, with a capacity to fuel 200 vehicles daily, marking a strategic expansion in Nigeria's gas-powered mobility sector.
First Independent Power Limited has endorsed the Federal Government's N3.3tn power sector debt settlement, calling it crucial for restoring stability and confidence in Nigeria's electricity industry.
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RecommendedDelta State Governor Sheriff Oborevwori identifies distribution as Nigeria's key energy hurdle, enacts new Electricity Law and partners with consultants to achieve 24-hour electricity in Warri and Asaba by year-end.
Nigeria's NNPC has doubled crude oil deliveries to the Dangote Petroleum Refinery, potentially improving fuel availability. Industry experts say government intervention is needed for meaningful price reductions.
Nigeria's electricity grid faces its worst performance annually from February to April due to a predictable convergence of peak demand from heat and reduced supply from hydro, exacerbated by a lack of reserve capacity and governance failures.
Nigeria's electricity crisis persists due to poor execution, not lack of ideas. Despite proposed reforms like GAMCO, systemic issues in gas supply, transmission, and tariffs remain unaddressed, leaving millions in darkness.
Global renewable energy capacity reached a record 5,149 GW in 2025, with Africa showing growth but lagging behind. IRENA calls for accelerated transition to enhance energy security and resilience.
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RecommendedDr Layi Fatona, Chairman of Renaissance Africa Energy, advocates for firmer oversight in Nigeria's mining and energy sectors to support economic growth and avoid environmental risks.
Diesel prices at major Nigerian depots have exceeded N2,000 per litre, driven by rising global crude oil costs and supply constraints. Retail pump prices are expected to increase as marketers adjust to higher procurement expenses.
Tetracore Energy Group has commissioned a new Auto Compressed Natural Gas station in Uwusan, Benin City, with capacity to fuel 200 vehicles daily, enhancing sustainable transport and industrial energy access in Nigeria's critical growth corridor.
Thailand is weighing emergency measures, including overnight petrol station closures from 10 p.m. to 5 a.m., to conserve fuel amid global supply pressures from the Middle East conflict. Prime Minister Anutin Charnvirakul announced the potential policy, wh
Nigerian petrol depot prices surge over 35% due to global crude oil spikes from US-Israeli-Iran conflict. Dangote Refinery reports increased but insufficient crude supply, with NNPC selling in dollars, fueling price pressures.
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RecommendedEight major electricity generation companies have signed onto President Tinubu's N3.3 trillion debt settlement program, aiming to resolve Nigeria's persistent power sector liquidity crisis. Industry experts call for transparency in the debt calculation pr
Peter Obi criticizes the federal government's latest ₦3.3 trillion approval for power sector debts, questioning transparency and previous similar measures.
Electricity generation companies in Nigeria are urging regulators to swiftly adjust tariffs following a government hike in gas prices, warning that delays could exacerbate the sector's liquidity crisis and impact consumers.
A solar hybrid mini grid project in Akeddei, Bayelsa, funded by All On, is nearing completion, promising reliable electricity to over 1,000 connections and boosting local economic development.
Electricity consumers in Bauchi, Benue, Gombe, and Plateau states under Jos Electricity Distribution Company report illegal debts and vending issues, while the company denies system problems and advises debt resolution.
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RecommendedPower Generation Companies have called on President Tinubu to clarify discrepancies in the Federal Government's reported N3.3 trillion power sector debt, stating it doesn't match reconciled industry records.