AMCON to auction non viable IBEDC to new investors

Sopuruchi Onwuka The Assets Management Corporation of Nigeria (AMCON) has declared intention to auction off the Ibadan Electricity Distribution Company (IBEDC) to a new set of investor to make its operations more viable. AMCON had in January 2022 taken the…

NNPC, NIPCO commission Lekki Power Plant, gas reticulation

Sopuruchi Onwuka Ancient partners in virtual gas supply to unconnected domestic market zones in the country, NIPCO Plc and the Nigerian National Petroleum Company (NNPC) Limited, have announced further expansion of gas distribution to the Lekki Free Trade Zone (FTZ)…

‘NCDMB remains most efficient, transparent MDA’ Scores 100% in PEBEC,s transparency assessment Sopuruchi Onwuka Federal government has again taken full pride in the systems and processes that drive regulatory activities at the Nigerian Content Development and Monitoring Board (NCDMB). Presidential…

FG begins LPG penetration scheme with free cylinder distribution in Lagos

Sopuruchi Onwuka Federal government’s ongoing LPG Penetration Program took a significant step forward in Lagos on Monday with the launch of the South-West Zone’s distribution of Liquefied Petroleum Gas (LPG) cylinders, a move aimed at promoting clean cooking solutions across…

NNPC Ltd captures greater market share with DES LNG shipments

Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) is making significant strides in the global energy market, expanding its footprint in Asia with the commencement of Liquefied Natural Gas (LNG) shipments to Japan and China on a Delivered…

‘Local content policy can accelerate Africa’s economic development’

Sopuruchi Onwuka Nigeria has proposed pan African local content policy implementation in order to assist the governments in the continent deploy their natural resources as catalyst for rapid economic development. Executive Secretary of the Nigerian Content Development and Monitoring Board…

WIEN Woman Podcast ends Season 1 with insightful Dolapo Kukoyi

Sopuruchi Onwuka The WIEN Woman Podcast has just released the final episode of its debut season, marking the end of a series that has spotlighted the journeys and achievements of leading women in Nigeria’s energy sector. The season finale features…

Paradox of profligacy: Tinubu’s jet amidst crushing poverty in Nigeria

Sopuruchi Onwuka President Bola Tinubu’s recent acquisition of a new Airbus A330 business jet, amid Nigeria’s most severe economic crisis in decades, has sparked widespread outrage, drawing attention to the stark contrast between the government’s extravagance and the dire living…

NAOC divestment: Eni pockets $783m, Oando grows massive

Sopuruchi Onwuka Federal government has finally signed off on a major asset sale transaction in the upstream petroleum industry, allowing Eni walk home with princely $783 million while indigenous Oando masses up a range of petroleum reserves, power production plants,…

How Smart Gas, WIEN drive private agenda for LPG penetration

Sopuruchi Onwuka Leading gender equity advocacy group, Women in Energy Network (WIEN) and the indigenous community focused gas distribution champion, Smart Gas Limited, are working together to accelerate energy access to communities across the 774 local council areas in the…