Kingsley Jeremiah, Author at Guardian Nigeria News

Nigeria may import more crude as 1.67b barrels reserve remain undeveloped

There are indications that Nigeria may import more heavy crude oil from U.S. and other places as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said only five per cent of Nigeria’s heavy

1 day ago

by Kingsley Jeremiah

Poor states rack up debts, leave $335b minerals to illegal miners

• Unaddressed conflict between FG, states, insecurity leave investors in uncertainty • Tinubu govt playing to gallery on illegal mining, stakeholders insist • Experts want solid minerals to remain on exclusive list

2 days ago

News·Nigeria·Slide

Absence of refinery, forex crisis push spending on engine oil to N3.7tr yearly

• Nigeria’s 11.8m vehicles endangered as fake lubricants dominate market • local lubricant plants rely 100% on imported raw materials • Narto expresses concerns over rising operating cost The absence of crude

5 days ago

News·Nigeria·Slide

Nigerians to fund N21b worth of meters for band a customers

The Nigerian Electricity Regulatory Commission (NERC) has allocated a total of N21 billion from the Meter Acquisition Fund (MAF) to 11 electricity Distribution Companies (DisCos) to provide prepaid metres for customers under

6 days ago

National·News

Over 8,000 installations fail compliance as NEMSA calibrates 2.6m meters

Over 8,000 electricity installations inspected and tested by the Nigerian Electricity Management Service Agency (NEMSA) failed compliance amid standardisation concerns in the country. NEMSA said over 21,681 electricity installations projects were tested across

1 week ago

Energy·News

NNPC, Total give Tinubu first FID with $550m gas deal

Nigeria may be seeing the first major final investment decision (FID) in the oil and gas sector under President Bola Tinubu as President and Minister of Petroleum Resources as the Nigerian National

1 week ago

Business·Energy

Stakeholders lament looming ageing, dependency burden

Nigeria may end up in a serious health and dependency crisis, given the rapid rate of ageing, which is projected to bring senior citizens in the country to 30 million by 2050.

1 week ago

News·Nigeria

Nigeria, others secure nine per cent of $150b gas investment

.NRGI seeks leeway amid energy transition Nigeria and other African countries pushing for energy transition, with gas as a temporary option, may face serious challenges in securing capital for gas infrastructure. Even

1 week ago

News·Nigeria

Nigeria, other African nations secure only $13.7bn of $150bn gas investment

Nigeria and other African countries pushing for energy transition with gas as a temporary option may face serious challenges in securing capital for power plants and gas infrastructure. Although there are about

1 week ago

Business·National·News

More worries for Nigeria as Aiteo shuts down production over spill

Nigeria’s struggling oil production is facing another crisis as the Eastern Exploration and Production Company (AEEPCO) shuts down its oil mining licence 29 in Nembe, Bayelsa State, over a crude oil leak.

1 week ago

Business·Business·Energy·News·Slide

Oil supply may stagnate till 2025

There are projections that the global oil supply may remain sluggish till 2025 following the extension of Organisation of Petroleum Exporting Countries (OPEC) plus voluntary output cut. OPEC had earlier this month decided

1 week ago

Energy

Nigeria may import more crude as 1.67b barrels reserve remain undeveloped

Poor states rack up debts, leave $335b minerals to illegal miners

Absence of refinery, forex crisis push spending on engine oil to N3.7tr yearly

Nigerians to fund N21b worth of meters for band a customers

Over 8,000 installations fail compliance as NEMSA calibrates 2.6m meters

NNPC, Total give Tinubu first FID with $550m gas deal

Stakeholders lament looming ageing, dependency burden

Nigeria, others secure nine per cent of $150b gas investment

Nigeria, other African nations secure only $13.7bn of $150bn gas investment

More worries for Nigeria as Aiteo shuts down production over spill

Oil supply may stagnate till 2025

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