Energy and natural resources

Ibom Power Crisis: Workers Count Cost As Salaries Go Unpaid, Loss of Staff, Loved Ones

adminOctober 6, 2026

By Idongesit Mishael The death of a senior management staff member, followed by the loss of spouses of two other employees, has deepened the anguish among workers of Ibom Power Company, where about 120 employees are battling more than eight months of unpaid salaries amid prolonged shutdown of the state-owned power plant. For the workers,...

HOW TRANSMISSION LINE VANDALISM THREATENS AKWA IBOM’S ENERGY SECURITY

adminOctober 1, 2026

Akwa Ibom State may have generation capacity through the Ibom Power Plant, but frequent vandalism and transmission constraints can prevent that electricity from reaching consumers. Consequently, transmission infrastructure is critical to electricity supply, as it is the route through which electricity from the national grid enters the state and the power generated by the state-owned...

CNG: Nsik Oil & Gas Project Moves Into Installation Phase As 10 MMSCF/D Equipment Arrives in Uquo Isi Edoho

adminOctober 1, 2026

By Idara Jerome The 10 million standard cubic feet per day (10 MMSCF/D) Compressed Natural Gas (CNG) Mother Station being developed by Nsik Oil & Gas Company Limited at Uquo Isi Edoho, Esit Eket Local Government Area of Akwa Ibom State, has entered a major implementation phase with the arrival of its first consignment of...

Court Challenge Threatens to Disrupt Dangote’s Lamu Refinery Plans

adminSeptember 30, 2026

Dangote Group’s plan to establish a 700,000-barrel-per-day refinery in Kenya has encountered a legal challenge just as preparations intensify for the project’s groundbreaking ceremony in Lamu County. The proposed refinery, estimated to cost between $15 billion and $16 billion, is being promoted as a major industrial investment that could create jobs, expand technical expertise and...

Nigeria Sets 2028 Deadline To Liberalise Domestic Gas Market

adminSeptember 25, 2026

Nigeria is targeting September 2028 for the end of regulated pricing in the domestic gas market as the Federal Government moves towards a commercial system based on direct transactions between willing buyers and sellers. The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Rabiu Umar, disclosed the timeline on Thursday at a...

Atiku Challenges Lokpobiri’s Fuel Price Comparison, Says Wages Tell A Different Story

adminSeptember 23, 2026

Atiku Abubakar has challenged the comparison drawn by the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, between petrol prices in Nigeria and the United States, arguing that pump prices alone do not show how affordable fuel is to citizens. The former Vice President, through his media aide, Paul Ibe, said the assessment failed...

Lokpobiri Defends Deregulation, Says Nigeria Still Has Cheaper Petrol Than US, Ghana

adminSeptember 23, 2026

The Federal Government has ruled out a return to petrol subsidy, with Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, insisting that deregulation remains central to attracting private investment into Nigeria’s oil and gas industry. Speaking on Channels Television on Tuesday, Lokpobiri said the government could not arbitrarily determine the pump price of petrol...

Nigeria’s Solar Market Expands as Power Crisis Drives Private Investment

adminSeptember 22, 2026

Nigeria’s electricity challenges are creating a growing market for solar power, with businesses, households and communities increasingly investing in alternative energy systems to reduce their dependence on the national grid and petrol and diesel generators. The Insight Lens Project, in an analysis of the country’s emerging solar economy, reported that the sector could unlock billions...

Malami Challenges Mambilla Tribunal’s Corruption Allegation, Denies Personal Gain

adminSeptember 22, 2026

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, has rejected allegations that he was involved in a corrupt arrangement with Sunrise Power promoter, Leno Adesanya, over the controversial Mambilla Hydroelectric Power Project. According to New Daily Prime, Malami, in a statement issued by his media aide, Mohammed Bello Doka, on Tuesday,...

N16.2trn Bank Credit To Oil Sector Raises A’Ibom Accountability Concerns

adminSeptember 22, 2026

Concerns over the N16.2 trillion credit extended by Nigerian banks to the oil and gas sector in the first quarter of 2026 dominated discussions on Tuesday as stakeholders demanded greater accountability from financial institutions financing extractive activities in Akwa Ibom. The sector accounted for 24.1 per cent of total bank lending during the period, making...

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