…Addressing Africa’s energy transition, Verheijen said the continent must prioritise energy security, industrial development and job creation while pursuing environmental sustainability. “For Africa, the energy transition must mean transformation, molecules converted into megawatts, fertilizer, petrochemicals, cleaner m…

…should, therefore, assess both options against affordability, fiscal sustainability, energy security and public value. Any restoration proposal should disclose its cost per litre, total fiscal exposure, funding source, beneficiaries, anti-leakage safeguards and exit strategy. ‘’If removal continues, the government must…

…the near-term needs of the population, and that involves food security. That involves energy security,” the IMF said. Don’t return fuel subsidy – IMF warns FG

…living expenses. NANS acknowledged the importance of domestic refining to Nigeria’s energy security but called on Dangote Refinery to provide clearer explanations for significant changes in its petrol prices.See more Punch stories on Google.Add Punch on Google The association cited reports that the refinery raised its…

…It will prevent artificial scarcity, deter market manipulation and anchor long-term energy security, so that a deregulated market delivers stable growth and not sudden price shocks.” 10. Better traffic and logistics management The government said it would improve traffic management in urban areas to reduce fuel consump…

…to invest in its businesses, contribute to government revenue and support Nigeria’s energy security. He, however, warned that the company must sustain the gains and improve its performance in subsequent years. “The numbers matter because of what they enable. Stronger performance gives NNPC Limited more capacity to inve…

…industrialisation, create jobs, strengthen engineering and technical capacity, enhance energy security and promote regional economic integration. “This is not a Kenyan refinery; it is going to be a regional refinery. We are positioning our continent as an emerging growth centre, and this project will help accelerate in…

…Syrian experience also demonstrates that crude oil production alone does not guarantee energy security.Countries need functioning refineries, reliable crude supply, storage infrastructure, efficient distribution networks and policies that can cushion consumers from severe international price shocks.For Nigeria, the gro…

…Ogunleye, who spoke on a panel themed: “The New LNG Order: Leadership Strategies for Energy Security and Growth,” said that as geopolitics, conflict and other factors continue to affect global energy supply and demand, Nigeria is leveraging its over 215 trillion cubic feet (tcf) of proven reserves to power domestic ind…

…to the report, Africa’s oil and gas investment outlook is being driven by growing energy security concerns and geopolitical uncertainties, with several sanctioned but delayed upstream and liquefied natural gas projects expected to progress towards first production. Industrial Info Resources’ Senior Vice-President of Re…

…improved market coordination and policies that support local refining, enhance energy security and maximise the benefits of Nigeria’s investments in domestic refining capacity. Read here: https://punchng.com/dangote-threatens-to-export-petrol-as-imports-rise/ INEC to unveil 2027 governorship and Assembly candidates Sat…

…oil and gas production should translate into stronger public revenue, more jobs, greater energy security, increased industrial activity and improved economic stability.The group urged NNPC and NUPRC to sustain the reform momentum while prioritising transparency, accountability and institutional independence.It also cal…

…to clarify the role of pipeline surveillance within the wider energy landscape. Energy security encompasses the full value chain, from exploration and production to refining, distribution, pricing policy, and subsidy frameworks. Pipeline surveillance does not manage these domains,” he said. He added: “Its mandate is pr…

…of alternative power, solar energy is increasingly being viewed as a practical form of energy security rather than simply an environmental choice.According to the Global Solar Council, Nigeria became Africa’s second-largest solar market in 2025 after installations increased by 141 per cent year-on-year. The government’…

…but would also create jobs, stimulate businesses, strengthen local capacity and improve energy security in Rivers State. The association, in a statement issued after an emergency review meeting, said more than 200,000 people were estimated to depend directly and indirectly on the refinery and its associated economic ac…

…is increasingly focusing on expanding its domestic refining capacity to strengthen energy security and boost national revenue.The NMDPRA told the publication that Nigeria's current domestic refining capacity stands at about 1.12 million barrels per day. The authority said it has also engaged the Nigerian Upstream Petro…

…fuel supply, warning that complementary imports would remain critical to guaranteeing energy security, promoting competition and preventing excessive market concentration. The report stated, “The Nigerian downstream petroleum sector enters the second half of 2026 at a defining moment. The structural transition from an…

…of Energy Policy and Development Consultants flagged alleged ₦7.13 trillion in energy security and pipeline protection claims in NNPCL's 2024 recordsThe group accused NNPCL of reintroducing subsidy-like obligations through indirect financial mechanisms that remain hidden from public scrutinyPAY ATTENTION: Mark Legit.ng…

…gas reserves to boost economic diversification, deepen industrialisation and improve energy security. However, industry stakeholders have consistently identified infrastructure limitations, evacuation constraints and commercial challenges as key factors affecting full compliance with the obligation.

…government should retain the option of approving imports whenever necessary to safeguard energy security. Isong argued that strategic imports remain important during supply shortages or market disruptions to prevent scarcity and price spikes. He recommended the creation of a strategic petroleum reserve capable of susta…

…The development also aligns with the Federal Government’s broader objective of achieving energy security through increased domestic refining capacity while conserving foreign exchange previously spent on importing refined petroleum products. Although monthly refinery receipts remained volatile, the absence of imported…

…“Ordinary Nigerians pay through higher electricity costs, expensive cooking gas, poor energy security and slower economic growth. “In practical terms, everyone pays,” Mahmoud said. Communities living beneath the flames For residents of oil-producing communities, methane waste is not merely an environmental statistic bu…

…Africa’s reliance on imported refined products and strengthening the continent’s energy security,” he said. The Managing Director and Chief Executive Officer of Dangote Petroleum Refinery and Petrochemicals, David Bird, said the level of investor interest demonstrated confidence in the company’s operations and leadersh…

…of IESL and Chairman of the Board of Trustees of CPEEL, Dr Diran Fawibe, emphasised that energy security is essential for industrialisation, economic growth, healthcare, education, job creation, and national competitiveness. He urged policymakers, industry leaders, universities and young professionals to move beyond po…

…of the Nigeria Police Force to safeguarding critical national infrastructure, bolstering energy security, and decisively prosecuting perpetrators of power sector crimes, ” the statement said. Nigeria’s power sector loses billions of naira annually to energy theft and infrastructure vandalism, destruction of power lines…