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Power & Energy

Oil Shock Returns: Why Global Conflict Is Raising Costs For Nigerian Families & Businesses

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Energy Shock Reverberates Across Developing Economies THE escalating crisis in the Middle East is creating fresh economic challenges for emerging markets, with countries such as Nigeria facing growing inflationary pressures as global oil prices climb. According to recent findings highlighted by the McKinsey Global Institute’s Global Economics Intelligence report for April 2026, geopolitical tensions in […]

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Africa’s Ambitious Gas Corridor Faces Tough Road To Reality

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Nigeria, Morocco Push Ahead with Landmark Gas Pipeline Project NIGERIA and Morocco are intensifying efforts to advance the African Atlantic Gas Pipeline (AAGP), with both countries targeting the signing of a major implementation agreement before the end of 2026. The proposed project, estimated at $25 billion, ranks among Africa’s most ambitious energy infrastructure initiatives and […]

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Airlines Face Fresh Turbulence As Aviation Fuel Crisis Deepens

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Nigeria’s Aviation Sector Faces Renewed Fuel Challenge NIGERIA’S aviation industry is confronting a growing operational challenge as the rising cost of Jet A-1 aviation fuel threatens airline sustainability and flight operations across the country. Industry stakeholders have raised concerns over the widening gap between local aviation fuel prices and international benchmarks, warning that the situation […]

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Shell Faces Fresh Scrutiny Over Pipeline Spills In Nigeria

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Internal Documents Raise New Questions FRESH concerns have emerged over the environmental impact of oil operations in Nigeria’s Niger Delta following reports that energy giant Shell continued operating a major crude oil pipeline despite internal warnings about pollution risks. According to a report by the BBC News, internal company documents disclosed during ongoing legal proceedings […]

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Delta Communities Face Daily Outages As TCN Undertakes Network Maintenance

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Major Transmission Upgrade Underway THE Transmission Company of Nigeria has announced the commencement of a comprehensive maintenance programme at the Delta 132/33kV Transmission Substation, a move aimed at enhancing the reliability of electricity supply across several communities and industrial corridors in Delta State. The maintenance operation, which runs from 4 June to 16 June, will […]

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Solar Energy Producers Gain New Revenue Stream Under NERC Policy

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Major Shift in Nigeria’s Electricity Landscape NIGERIA’S electricity sector is entering a new phase following the implementation of the Net Billing Regulations 2026 by the Nigerian Electricity Regulatory Commission (NERC), a policy designed to enable consumers to sell excess renewable energy to electricity distribution companies. The initiative marks one of the most significant regulatory reforms […]

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Nigeria, Algeria, Niger Move To Advance Trans-Saharan Gas Pipeline

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By UWAKMFON DAN Three Nations Renew Commitment Fresh momentum appears to be building around the proposed Trans-Saharan Gas Pipeline Project following renewed commitments by the governments of Nigeria, Algeria and Niger. At the fifth ministerial steering committee meeting on the project, Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, reiterated Abuja’s determination to see […]

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Nigeria’s Electricity Output Must Triple, Obi Declares In Campaign Promise

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Obi Pledges Power Sector Expansion, Targets 10,000MW Electricity Output in Four Years Campaign Promise Anchored on Energy Reform Agenda PRESIDENTIAL candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has pledged to significantly expand Nigeria’s electricity generation and distribution capacity if elected president in 2027. Obi made the commitment on Saturday in Abuja after emerging […]

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Oil Production Gaps Threaten Nigeria’s Budget Stability

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Nigeria’s Oil Production Recovery Faces Structural Threats Rising Output Offers Temporary Relief NIGERIA’S crude oil production recorded a second consecutive monthly increase in April 2026, raising cautious optimism over improved government revenue and foreign exchange inflows. Latest data released by the Nigerian Upstream Petroleum Regulatory Commission showed that crude production rose to 1.49 million barrels […]

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Power Reform In Reverse: Why Nigeria Walked Away From A $717 Million World Bank Loan

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How a Power Reform Programme Unravelled A Loan Designed to Fix a Broken Power Sector NIGERIA has formally cancelled $717.7 million in undisbursed World Bank funding meant to stabilise its struggling electricity sector. The funds formed part of the Power Sector Recovery Performance-Based Operation, a $1.52 billion programme designed to fix liquidity gaps, improve distribution […]

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