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The Federal Government has launched new technical and operational guidelines to accelerate the integration of solar mini-grids into existing electricity distribution networks. Developed by the Nigerian Electricity Management Services Agency, the framework establishes uniform standards for connecting decentralised renewable energy systems to the national grid. The policy aims to expand electricity access across unserved and…
President Bola Tinubu has commissioned three new warships into service to secure Nigeria’s volatile economic waters. Speaking at the International Fleet Review in Lagos, the president declared the Nigerian Navy the most formidable maritime force on the continent. The new vessels—named NNS Oloibiri, NNS Mambila, and NNS Gurara—will immediately deploy to patrol the Atlantic coast….
An indefinite nationwide strike by upstream petroleum workers has brought Nigeria’s oil and gas regulatory architecture to a halt. Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria locked the gates of the Nigerian Upstream Petroleum Regulatory Commission. The industrial action completely froze administrative and regulatory functions at the Abuja headquarters and…
Nigeria’s national electricity grid continues to collapse despite receiving 3.6 billion dollars in World Bank loans over the last decade. A comprehensive review of development finance reveals that massive capital injections failed to fix the country’s chronic transmission and distribution failures. The multi-billion-dollar funding aimed to stabilise power supplies, expand the national grid, and bring…
Nigeria’s largest private refinery has lowered its wholesale fuel prices to stay competitive in a newly deregulated domestic market. The Dangote Petroleum Refinery reduced its gantry price for premium motor spirit to N1,250 per litre, down from N1,275 per litre. The facility operators also slashed the wholesale price of automotive gas oil by N100, bringing…
The federal government deployed barely a quarter of its massive N11.89trn new borrowing to build infrastructure, exposing a deep rift between state debt expansion and visible development. Fresh figures from the Budget Office of the Federation reveal that capital projects received just N3.10trn during the first nine months of last year. Meanwhile, the state comfortably…
An estimated 30,000 armed Fulani militants are currently driving rural insecurity and religious freedom violations across Nigeria. This disclosure forms the core of a new report by the United States Commission on International Religious Freedom. The document characterizes these fluid nomadic factions as some of the deadliest non-state actors operating within the country. Moving in…
President Bola Tinubu announced yesterday that the difficult period of his administration’s economic reforms has ended. In his Eid-el-Kabir message, the president declared that the nation has completed its walk through a dark tunnel. He claimed that three years of public sacrifice have stabilized the economy. The president now positions the country as a preferred…
The United States has disbursed $187.3m in foreign assistance to Nigeria as Washington considers applying stricter conditions to future funding. Data published by the US Department of State confirms the cash release, positioning Nigeria as the second-largest aid recipient in sub-Saharan Africa this period, behind Ethiopia. The bulk of the capital flowed directly through the…
The Nigerian National Petroleum Company Limited has launched a fierce legal defense of fuel imports to prevent a private monopoly. In a counter-affidavit filed at the Federal High Court in Lagos, the state oil firm urged judges to dismiss a lawsuit by Aliko Dangote. The billionaire’s twenty-billion-dollar refinery wants the court to void import permits…
