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Nigeria pledges returns for energy investors
* Dismantles all entry barriers Sopuruchi Onwuka Nigerian government has called on the international investment community to take advantage of the ongoing economic reforms to seek commercial opportunities in the country’s energy industry. President Bola Ahmed Tinubu who declared the…
Budget deficit: NCDMB declares readiness to lead oil production boost
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) is sharpening existing plans and strategies to galvanize pan-industry efforts in realizing ambitious petroleum production targets. Executive Secretary, Engr Felix Ogbe, stated that the agency has activated collaborative measures with…
PMI addressing illiquidity in NESI __Olu Verheijen hi
FG addressing illiquidity in NESI __Olu Verheije Sopuruchi Onwuka Senior Special Assistant to the President on Energy, Mrs Olu Verheijen, has declared that the ongoing interventions in the power sector is to address the debt crisis that stalled movements in…
FG pushing “widespread electrification, industrialization” __Ekpo
Sopuruchi Onwuka Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has stated that government is making progress on widespread electrification and industrialization in the country. The claim however contradicted with the position of industry players who decried high level…
2025 Rail Allocation: Systemic Exclusion of the South East and South South
By Agbeze Ireke Kalu Onuma The allocation of N400 billion in Nigeria’s 2025 national budget for light rail projects in Lagos, Ogun, Kaduna, and Kano states is not merely an oversight—it is a glaring, deliberate act of exclusion that reinforces…
NIES: Delegates demand regulations on gender balance
Sopuruchi Onwuka Delegates from public and private sectors have restated their demand for policy and regulatory structures that guarantee gender balance in the leadership of the Nigerian energy sector and the domestic economy. They also proposed expansion of corporate governance…
Climate change: 2024 economic losses top $350 bn
Insured losses exceed $140b, insurance gap at 60% Sopuruchi Onwuka Global commercial insurance brokerage and strategic risk management services provider, Willis Towers Watson (WTW), has calculated that total economic losses related to climate issues in 2024 have exceeded $350 billion….
NCDMB decries “recycled” allegations by recruited groups
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) decried sustained campaigns of calumny against its management, alleging that some aggrieved elements are sponsoring allegations of overspending on single programmes hosted by the agency. In a statement made available…
Alef Aeronautics proves flying car concept with test flight
Sopuruchi Onwuka Futuristic vehicle producer, Alef Aeronautics, has proved the electric flying car technology with its first vertical lift in a controlled traffic congestion scenario. In the video of the test seen by The Oracle Today, the meshed electric car…
Female energy titans proffer solution to talent flight
Commit to ethical values, high standards in the industry Sopuruchi Onwuka The African petroleum industry has the opportunity to harness the abundant capabilities and skills in combating the talent flight that has overwhelmed the sector. Thus, the prevailing need recommends…
