ENERGY SUMMMARIES OCTOBER25

Filtering the noise to deliver important energy sector updates OCTOBER 2025

Nigeria-China investments, energy deals hit $20 billion

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Fleissen & Company

Energy Summaries is not a newspaper or tabloid, but a major voluntary communication project of Fleissen & Company, which is dedicated to harnessing and disseminating vital information about major developments within the energy industry on a monthly basis.

This periodic compilation is purely for information and knowledge purposes, and its content should not in any way be mistaken for financial, investment or transaction advice.

Professional guidance and expert views MUST always be sought when commercial decisions or business choices are to be made.

Filtering the noise to deliver important energy sector updates

Filtering the noise to deliver important energy sector updates

Filtering the noise to deliver important energy sector updates

AUGUST 2025

SEPTEMBER 2025

OCTOBER 2025

Nigeria-China investments, energy deals hit $20 billion

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Aradel’s new gas supply deal with NLNG

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REA's $1.6bn mini-grid fund to accelerate clean energy access for rural communities

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FIRST E&P achieves 96% gas- are reduction, pledges net-zero by 2045

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Filtering out the noise to deliver important energy sector updates

Filtering out the noise to deliver important energy sector updates MAY 2025

JUNE 2025

Nigeria launches rst ever are gas digital infrastructure project

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Filtering out the noise to deliver important energy sector updates JULY 2025

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Nigeria’s AutoCNG sector attracts $491mn investment in 12 months

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Fleissen & Company is a leading energy infrastructure advisory firm that delivers integrated technical and strategic solutions across the oil and gas, power, and broader energy sectors. The firm combines deep engineering expertise with regulatory insight to support clients in addressing complex operational challenges, enhancing sustainability, and unlocking value across the energy value chain.

Fleissen specialises in hydrocarbon measurement, gas utilisation, emissions accounting, and petrochemical downstream opportunity assessments. The company is pivotal in advancing Nigeria’s energy transition by supporting flare gas commercialisation, compressed natural gas (CNG) adoption, and greenhouse gas (GHG) reduction initiatives.

In addition to its technical advisory work, Fleissen & Company has two dedicated subsidiaries: Fleissen Events Ltd, which leads its industry convenings, and Fleissen Energy Ltd, which focuses on project development and energy solutions. Through Fleissen Events Ltd, the firm is a recognised convener of high-impact industry dialogues, including the Nigeria Hydrocarbon Measurement Conference (NiHMEC) and the Gas Safety Conference (GSC), which bring together regulators, operators, and global experts to drive innovation, policy alignment, and operational excellence in the energy sector.

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Project Lead Sunday Kanshio, PhD +2349098614828 s.kanshiro@fleissen.com

Editorial Consultant Yange Ikyaa

Project Support Officer Aisha Tukur Diggi

October 2025

EXECUTIVE BRIEF Top Highlights •

Heirs Energies doubles down on production: CEO Osayande Igiehon urged the industry to prioritise higher output over reserve replacement and announced plans to lift OML 17 production from 50 kb/d to 100 kb/d

•

Nigeria, UAE and Qatar pursue a joint LNG shipping network: Ministers from all three countries discussed shared shipping, midstream infrastructure and decarbonisation cooperation (CCUS, blue hydrogen, methane management) to deepen Africa–Asia gas trade

•

New PSC for offshore blocks: NNPCL and TotalEnergies-Sapetro signed a production-sharing contract for OPL 2000/2001, viewed as a milestone for the PIA era and underpinning Nigeria's goal of 3 mb/d output and $60 bn investment by 2030.

•

Gas ambition and financing: Finance Minister Wale Edun reaffirmed the target of 10 billion scf/d by 2030, while Afreximbank and Nigeria's Gas Infrastructure Fund agreed to mobilise $500 m for midstream projects.

•

Solar and decarbonisation momentum: The federal government launched a $500 m Distributed Renewable Energy Nigeria Fund for mini-grids and rooftop solar; local battery recycling and PV manufacturing projects were announced.

1. Macroeconomic & Institutional Signals •

Gas output target: Nigeria aims to produce 10 billion scf/d by 2030, citing new deep-water gas agreements and digital reforms to streamline oversight.

•

Fuel-surcharge clarification: The Presidential Fiscal Policy and Tax Reforms Committee clarified that the 5 % fuel surcharge predates the current administration; kerosene, LPG and CNG are exempt to support the energy transition.

•

Emission-testing pioneer: Nasarawa State opened Nigeria's first vehicular emissions testing centre, expected to curb pollution, create jobs and set a regional benchmark for clean air compliance.

•

Decommissioning safeguards: NUPRC secured over $400 m in escrow and letters of credit to cover future decommissioning liabilities, ensuring Nigeria does not inherit environmental burdens.

2. Refining & Petrochemicals ·•

Dangote refinery integration: NNPCL committed to a new two-year crude-supply deal with the 650 kb/d Dangote refinery, selling 60 % of volumes in naira.

•

Logistics innovation: The refinery began free, CNG-powered fuel deliveries to registered marketers, which the marketers' association expects will trim pump prices to ~₦841/L.

•

Labour dispute resolved: A week-long strike by PENGASSAN over worker dismissals at the refinery was resolved after government mediation; dismissed staff were redeployed.

3. Upstream Production & Licensing •

Heirs Energies: Plans to double OML 17 output to 100 kb/d reflect a wider emphasis on quick monetisation.

•

PSC milestone: NNPCL's PSC with TotalEnergies-Sapetro for OPL 2000/2001 signals renewed investor confidence.

•

Kenyon International: The indigenous service firm reported recovering over 2 million barrels from idle wells, underscoring brown-field upside.

•

OPEC compliance: Nigeria produced 1.43 mb/d of crude in August (1.63 mb/d including condensate), meeting 96 % of its OPEC quota.

4. Gas Market & Strategic Infrastructure •

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Unified LNG shipping: Nigeria, UAE and Qatar are negotiating a shared LNG shipping network with an eye on Africa–Asia trade.

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October 2025

•

Funding pipeline: Afreximbank and MDGIF signed an MoU to mobilise up to $500 m for gas infrastructure; NNPC and NLNG signed GSAs totalling 1.3 Bscf/d.

•

Mini-grid finance: GEAPP provided $2 m for interconnected mini-grids; BII and Odyssey launched a $7.5 m facility for mini-grid developers.

5. Power & Renewables •

Hospital mini-grids: The Rural Electrification Agency installed 50 kW solar mini-grids at around 100 health facilities and commissioned 12 MW and 7 MW systems at teaching hospitals.

•

Manufacturing push: Plans were announced for a 1 GW PV module factory through a Solarge-InfraCorp partnership; Hinckley E-Waste Recycling secured $1.5 m to build the country's first battery-recycling plants.

•

Cold-chain innovation: Koolboks raised $11 m to assemble solar refrigerators in Nigeria, using an ice-battery system that runs off-grid.

•

State initiatives: Katsina unveiled more than 20 MW of solar projects with 10 MWh storage and revived its 10 MW wind farm; Bayelsa procured a 60 MW gas plant to deliver 24-hour power.

6. Strategic Partnerships & FDI •

Nigeria–China relations: Economic ties topped $20 bn with projects like the Zungeru hydropower plant and super-grid transmission; officials urged stronger local content and curbed substandard exports.

•

Afreximbank–MDGIF MoU: Up to $500 m in debt and equity funding for midstream/downstream gas infrastructure.

•

Seplat dividend promise: Seplat unveiled a progressive dividend policy guaranteeing at least $120 m annually from 2026.

7. Regulatory & Governance Highlights •

OPEC representation: NNPC Trading MD Maryamu Idris was appointed Nigeria's national representative to OPEC's Economic Commission Board.

•

African cooperation: Nigeria led the creation of the African Petroleum Regulators Forum to harmonise regulations across eight countries.

•

NEMIC launch: The National Energy Master Plan Implementation Committee was inaugurated to drive implementation of the energy master plan.

Host-community disputes: An inter-agency committee began verifying the ownership of disputed oil fields to ensure equitable revenue sharing Conclusion •

August's developments reveal Nigeria pressing ahead on multiple fronts: raising oil output under the PIA, pursuing regional gas trade partnerships, and accelerating renewable-energy deployment. The convergence of upstream reforms, gas monetisation, renewable investment and state-level projects underscores a deliberate shift toward a more resilient and decentralised energy system. As investor appetite grows, sustaining policy consistency, securing supply chains and accelerating project execution will be key to balancing immediate hydrocarbon revenues with long-term clean-energy ambitions.

Average LPG Price // Sept 2025

Average LPG Price // Sept 2025

Company

₦ /Tonne

Company

₦ /Tonne

Company

₦ /Tonne

NIPCO NAVGAS ARDOVA AP RAIN OIL

16,900,000 16,842,500 16,855,000 16,800,000

STOCK GAP 11PLC A A RANO

17,150,000 16,300,000 16,450,000

KHNL DANGOTE

16,012,500 15,350,000

Depot Owners Producers

Page 2

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October 2025

Heirs Energies eyes 100,000bpd oil production The chief executive officer of Heirs Energies Limited, Osayande Igiehon, has urged the oil industry to shift its focus from the traditional pursuit of reserve growth to prioritizing higher production levels. He stressed the need to monetize existing resources swiftly, warning that the window of opportunity is narrowing as the global energy transition accelerates.

On plans for OML 17, the Heirs Energy CEO said the ambition was to take its production from 50,000 bpd to 100,000 bpd. He noted that while replacing oil

reserves remains a vital aspect of the industry, increasing production and driving growth are even more critical, as they generate the resources required for economic expansion and sustained investment.

Igiehon highlighted that while the replacement of oil reserves remains an important aspect of the sector, production and growth should take precedence as they provide the resources required for economic expansion and sustained investment.

(The Sun, August 1, 2025)

Nigeria, UAE, Qatar plan unified LNG shipping network Nigeria, the United Arab Emirates (UAE), and Qatar are currently in talks to create a shared shipping network, a move aimed at expanding Africa–Asia liquefied natural gas (LNG) connectivity.

The Minister of State, Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, the United Arab Emirates (UAE) Minister of Energy, Hydrocarbons, Infrastructure and Power, Suhail Al Mazrouei, and the Minister of State for Energy Affairs and President/Chief Executive Officer of Qatar Energy, Saad Sherida AlKaabi, highlighted this during separate bilateral meetings recently.

Other areas of discussion among the countries centred on efforts aimed at strengthening energy ties for gas development and growth. The Dubai meeting acknowledged the long-

standing partnership between Nigeria and the UAE, as reflected in their membership of OPEC and the Gas Exporting Countries Forum (GECF), with aligned priorities on market stability, investment certainty, and just energy transitions.

Both ministers explored opportunities for cooperation in liquefied natural gas (LNG) trading and cargo swaps, as well as midstream development, including pipelines, LPG/CNG infrastructure, and processing hubs. The discussions also emphasized the importance of decarburization partnerships, with a focus on carbon capture, utilization, and storage (CCUS); blue hydrogen production, and methane management.

(The Sun, September 1, 2025)

NNPCL, TotalEnergies-Sapetro seal PSC deal on 2 offshore oil blocks The Nigerian National Petroleum Company (NNPC) Limited and the TotalEnergies-Sapetro Consortium has signed a production sharing contract (psc) for oil prospecting licenses (OPL) 2000 and 2001 located in the offshore Niger Delta Basin. The deal, which covers crude oil and natural gas production,

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comes with a signature bonus of $10 million.

Engr. Gbenga Komolafe, the commission chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said the two oil blocks span about 2,000 square kilometres. He described the agreement as

a turning point for Nigeria's oil and gas industry, urging investors to leverage the stable regulatory, fiscal, and governance framework provided under the Petroleum Industry Act (PIA) 2021.

On his part, the Group Chief Executive Officer of NNPC, Engr. Bayo Ojulari, said the company, as concessionaire, would

support the consortium to ensure timely execution of the project. Ojulari further disclosed that NNPC is committed to ramping up Nigeria's crude oil output to three million barrels per day and attracting about $60 billion in investments into the sector by 2030.

(Vanguard, September 2, 2025)

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Lagos to host Africa's first E1 electric boat race in October Lagos State is preparing to make history by hosting Africa's first-ever E1 Series electric boat racing championship, scheduled for October 4 and 5, 2025.

Rodi Basso, chief executive officer of the E1 Series, emphasized Lagos' successful bid amidst stiff competition from worldclass cities. Describing the achievement as “a major milestone for sport, sustainability, and commerce in Africa,” Basso spoke about the evolving nature of the boating industry.

sustainable by leveraging alternative power and unique architecture.”

The partnership with the Lagos State Government promises to not only sustain this technology-driven sport but also attract significant investment in the global sport and entertainment sectors.

(Punch, September 3, 2025)

Nigeria eyes 10 billion scf gas production by 2030

In strategic discussions with the management of Nigeria

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President Bola Tinubu is expected to visit Nasarawa State to commission a new 6,000-metric-ton lithium processing plant built by Chinese investors.

Governor Sule revealed this to State House correspondents after closeddoor talks with the President at the Aso Rock Villa in Abuja recently.

Nasarawa State has become a growing hub in the country's burgeoning lithium value chain.

Lithium, a key component in electric vehicle batteries and energy storage systems, has attracted increasing interest from foreign investors amid global energy transition efforts.

(Punch, September 3, 2025)

The facility, located in Nasarawa Local Government Area, is the second lithium plant constructed in the state within the last year and is twice the size of the previous 3,000MT capacity project launched in 2023.

His words: “The E1 Series showcases technical prowess and proves boats can become more

The minister of finance and coordinating minister of the economy, Wale Edun, has reaffirmed Nigeria's ambition of producing 10 billion standard cubic feet of gas per day by 2030. He cited recent agreements, including the deepwater gas production deal with TotalEnergies, as evidence of progress toward a more competitive and investorfriendly environment.

Tinubu to unveil 6,000MT lithium plant in Nasarawa

Liquefied Natural Gas (NLNG) Limited at his office in Abuja recently, the minister also assured stakeholders that reforms, including the rollout of digital trade systems, will streamline oversight, eliminate inefficiencies, and ensure fairness.

and capacity utilization rising above 70%. On infrastructure, Dr. Mshelbila reported advances on the Bodo-Bonny Road, while calling for an extension to the East-West highway under the tax credit scheme.

(Aljazirah Nigeria, September 4, 2025)

Dr. Philip Mshelbila, NLNG CEO, updated the minister on operations, highlighting stronger gas supply, improved security on the Trans-Niger Pipeline,

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October 2025

Nigeria exempts kerosene, LPG, CNG from 5% surcharge The Presidential Fiscal Policy and Tax Reforms Committee has said that the 5 per cent fuel surcharge in the new tax laws is not a new levy introduced by the administration of President Bola Tinubu.

The committee said the surcharge has existed since the Federal Roads Maintenance Agency (Amendment) Act, 2007, and was only restated in the new tax act for harmonization and transparency. This clarification followed concerns that the provision could trigger further hardship on Nigerians.

According to the Tax Act, a fossil fuel product becomes chargeable upon the earliest occurrence of supply, sale, or payment. The tax reforms committee said the surcharge was not part of the original tax reform bills submitted by Tinubu to the national assembly, and will

not take effect automatically with the new tax laws.

The committee added that the surcharge would not apply to all fuels, noting that household kerosene, cooking gas (LPG), compressed natural gas (CNG), as well as clean and renewable energy products, are exempt in line with Nigeria's energy transition agenda.

On its abolition, the tax reforms committee said the surcharge cannot be abolished because it was designed as a dedicated fund for road infrastructure and maintenance.

(The Cable, September 6, 2025)

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Nasarawa State has emerged as the pioneer host of Nigeria's first vehicular emissions testing centre, a landmark project under the National Clean Air Programme (NCAP), which signalled the country's resolve to address air pollution while unlocking new socio-economic opportunities.

The centre, jointly facilitated by the federal government, Nasarawa State government, and private sector partners, is expected to not only curb harmful vehicular emissions but also generate employment, boost revenue, and position Nigeria as a regional leader in environmental compliance.

permanent secretary of the ministry, Mahmud Kambari, described the facility as a strategic intervention to safeguard lives and advance sustainable development.

According to him, “air pollution is a silent killer. It affects the quality of life, agricultural output, health and well-being of all citizens. Air contamination does not discriminate; it affects children, the elderly, workers, the rich, the poor and even unborn generations.”

(ThisDay, September 9, 2025)

The minister of environment, represented at the commissioning by the

Koolboks raises $11mn for solar cold storage Koolboks, a Paris-based climate technology company with operations across Africa, has raised $11 million in a funding round aimed at scaling its solar-powered refrigeration solutions on the continent.

The new capital will support the establishment of

Nasarawa hosts Nigeria's first vehicular emissions testing centre

a local assembly plant in Nigeria within the next 12 to 18 months, a move designed to reduce logistics costs and provide savings to end users.

Founded in 2018, Koolboks builds solar-powered refrigerators that operate

off-grid, using a thermal ice-battery system that can keep items cold for up to four days without external power. The company uses IoT technology for remote monitoring and supports pay-as-you-go and buynow-pay-later models, making the units more accessible to small businesses, clinics and farmers in areas with unreliable electricity More than 10,000 Koolboks

units have been deployed in about 25 countries, with Nigeria currently the company's largest market.

Koolboks says its technology supports food vendors, farmers and healthcare clinics, helping to reduce food spoilage, improve vaccine storage and cut reliance on diesel generators.

(Shoppe Black, September 9, 2025) Fleissen & Company

October 2025

FG rolls out solar hybrid mini-grids to power healthcare centres nationwide The federal government has stepped up efforts to strengthen Nigeria's healthcare delivery system by deploying solar hybrid mini-grids, standalone solar home systems, and other innovative energy solutions to electrify hundreds of health facilities across the country.

Minister of power, Adebayo Adelabu, disclosed this in Abuja during a meeting with state commissioners for energy on electricity development at the subnational level. He noted that the Rural Electrification Agency (REA) has already made significant progress in this regard, particularly during the COVID-19 pandemic.

According to him, “REA deployed 50kW solar minigrid solutions to about 100 healthcare facilities across the country during the COVID-19 crisis. This ensured uninterrupted power supply to critical health centres to preserve lives, support medical staff, and sustain essential services at a time of

unprecedented national emergency.”

Adelabu further highlighted ongoing interventions through the Energising Education Programme of REA, which extends reliable power to teaching hospitals nationwide.

“We have commissioned a 12MW system at the University of Maiduguri Teaching Hospital and a 7MW system at the University of Calabar Teaching Hospital. These deployments are not only providing reliable, clean power but also helping to properly segregate electricity supply for clinical activities from residential and commercial activities within the hospital environment.”

(The Sun, September 10, 2025)

NUPRC secures $400mn in decommissioning liabilities The Nigerian Upstream Petroleum Regulatory Commission {NUPRC) has announced that the commission has secured over $400 million in presale decommissioning and abandonment liabilities from recent oil asset divestments in a move to prevent Nigeria from inheriting costly environmental and financial burdens.

The chief executive of NUPRC, Gbenga Komolafe, disclosed this while speaking at the Nigerian Extractive Industries Transparency Initiative Companies Forum in Lagos recently, where he was represented by the commission's deputy director of human resources, corporate services and administration, Efemona Bassey. Komolafe said the commission drew lessons from international divestment cases, including the North Sea, where decommissioning is projected at £27 billion by 2032; the Gulf of Mexico, which has cost over $9 billion; and Canada's Alberta, where more than 97,000 inactive wells carry estimated decommissioning costs of between C$30 billion and C$ 70 billion.

involving NAOC and Oando Energy Resources, Equinor and Chappal Energies, Mobil Producing Nigeria Unlimited and Seplat Energies, Shell Petroleum Development Company and Renaissance Africa Energy, and TotalEnergies and Telema Energies.

According to him, the commission ensured that decommissioning and abandonment obligations were secured through upfront escrow arrangements and Letters of Credit, in line with the Petroleum Industry Act. Komolafe added that environmental remediation commitments worth over $9.2 million were also pledged.

“The results from 2024 speak for themselves. Over $400 million in pre-sale decommissioning and abandonment liabilities have been secured through letters of credit and escrow accounts.

(Punch, September 11, 2025)

He explained that these experiences shaped NUPRC's approach to recent transactions

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October 2025

FG, International Solar Alliance unveil $500mn fund for solar growth The Federal Government, in collaboration with the International Solar Alliance, has launched a $500 million Distributed Renewable Energy Nigeria Fund to accelerate solar energy deployment nationwide.

This was disclosed in a statement by the minister of power, Adebayo Adelabu, through his media aide, Bolaji Tunji. According to him, the agreement was formalized by Adelabu and ISA director general, Ashish Khanna, during the seventh regional committee meeting for Africa, held in Accra, Ghana recently.

investment in renewable energy projects, backed by stronger regulatory support from the ministry of power.

It prioritizes advocacy, capacity building, and programmatic support.

Specific initiatives include scaling up solar use in agriculture, promoting rooftop solar adoption, deploying mini-grids, and establishing a solar technology and application resource centre.

(Punch, September 11, 2025)

The framework, he said, has established a robust threeyear action plan to accelerate Nigeria's solar adoption. The $500 million DRE Nigeria Fund is designed to catalyze

In a statement, the terminal operator stressed that the move is a major step toward

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Axxela Integrated Power has signed a Power Purchase Agreement with Evans Industries Limited, a manufacturer of home and personal care products in Nigeria.

Under the terms of the agreement, Axxela Integrated Power will provide cost-effective, reliable, and integrated power solutions to support Evans Industries' operations. The collaboration aims to ultimately reduce energy costs, minimize downtime, and enhance overall energy efficiency, thereby strengthening the company's position and competitive edge in the Nigerian market.

more than just a contractual relationship. We believe it marks the beginning of a partnership built on trust and a commitment to delivering reliable energy solutions that create longterm value for Evans Industries,” said the managing director of Axxela Integrated Power, Olufisayo Duduyemi.

(Punch, September 11, 2025)

“This agreement represents

WACT-APM partners with Rivers solar recycling plant The West Africa Container Terminal-APM Terminals Nigeria, in partnership with Garbage In Value Out, has launched a solar-powered recycling plant in its host community of Onne in Eleme Local Government Area of Rivers State.

Axxela signs power purchase agreement with Evans

environmental sustainability and community development.

“The innovative facility is designed to recycle plastic waste into reusable products while harnessing renewable solar energy to power its operations. This project aligns with the Federal Government's commitment to environmental

sustainability, clean energy adoption, and job creation,” the statement read in part.

The managing director of the West Africa Container Terminal-APM Terminals Nigeria, who was represented by Daniella Sylva, explained that the remarkable facility is not only dear to the Onne community but also strongly aligns with the terminal's drive to embrace more eco-friendly and sustainable means of

operation. He added that the terminal and GIVO are supporting the Onne community in overcoming the daunting challenge of managing plastic waste.

(Punch, September 11, 2025)

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October 2025

British International Investment, Odyssey unveil $7.5m facility for Nigeria's grid expansion British International Investment, the United Kingdom's development finance institution, in partnership with Odyssey, has launched a $7.5 million financing facility to accelerate the deployment of mini-grids across Nigeria.

According to the partners, the new funding will help developers scale up minigrid projects, which are regarded as cost-effective solutions for electrifying off-grid areas, thereby fostering economic growth and improving livelihoods.

The facility is expected to expand access to clean and reliable energy for underserved communities, strengthen Nigeria's energy transition agenda, and support rural electrification initiatives.

Speaking on the initiative, the deputy British high commissioner in Nigeria, Jonny Baxter, said the investment reflects the UK's confidence in Nigeria's clean energy sector.

(Punch, September 12, 2025)

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African Export-Import Bank and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing, and improving gas infrastructure in Nigeria.

The MoU was signed on the sidelines of the just-ended fourth Intra-African Trade Fair (IATF2025) by Mrs Helen Brume, director and global head, project and asset-based finance on behalf of Afreximbank; and Mr. Oluwole Adama, executive director on behalf of MDGIF. The MoU emphasizes private sectorled delivery models and

2025 alone.

that this is expected to add 591,000 barrels of oil per day and 2.1 billion SCFD of gas, thereby boosting the Nigeria's aspiration to deliver over 3 million bpd in oil output.

Komolafe stated this at the recently concluded Africa Oil Week (AOW) in Accra, Ghana, where he further explained that commitments are also expected to unlock 1.4 billion barrels of oil and 5.4 TCF of gas. He added

Titled “Nigeria's Competitive Reform Agenda for Unlocking Potentials in Upstream Oil & Gas,” his presentation reiterated the importance of energy security as the cornerstone of economic

Nigeria delivers $18bn field development plans in one year The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has said that the country's reform agenda delivered 28 Field Development Plans (FDPs) valued at $18.2 billion in investment commitments in

Afreximbank, MDGIF sign strategic MoU to develop gas infrastructure in Nigeria aligns with both institutions' mandates and strategic priorities.

Under the terms of the MoU, Afreximbank and MDGIF will work together with the overarching intention of mobilizing up to $500 million over four years to support midstream and downstream gas infrastructure projects. The investment is structured as a blend of senior debt and equity contributions, considered under both entities' independent mandates, with a focus on accelerating the modernization and expansion of Nigeria's gas sector.

(Champion News, September 14, 2025)

growth, national resilience, and shared prosperity in Africa.

(ThisDay, September 17, 2025)

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Nigeria-China investments, energy deals hit $20 billion The minister of power, Adebayo Adelabu, has disclosed that the growing economic ties between Nigeria and China have reached $20 billion.

The minister highlighted key Chinese-backed projects that are shaping Nigeria's energy infrastructure, including the $1.4 billion Zungeru

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Hydroelectric Power Plant and a $2.5 billion transmission project for the eastern and western super grid, financed through Chinese institutions.

During a meeting with the Chinese Ambassador to Nigeria, Yu Dunhai, Adelabu emphasized that such partnerships must

also strengthen local content to conserve foreign exchange and build domestic capacity.

While commending the strong bilateral relations between the two nations, the minister urged Chinese firms to invest in training Nigerian workers and transferring technology to enhance local expertise.

He also called on the Chinese government to curb the export of substandard products to Nigeria, warning that such practices damage consumer trust despite China's reputation for quality manufacturing.

(The Whistler, September 13, 2025)

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Government allocates N300 billion to power hospitals, universities The Federal Government has allocated N300 billion to provide stable electricity supply to teaching hospitals and universities across the country.

Abubakar Bichi, who is the member representing Bichi Federal Constituency and chairman, house committee on appropriation, disclosed this recently during the unveiling of a solar hybrid intervention project at the Aminu Kano Teaching Hospital in Kano.

services to Nigerians.

He further explained that the projects would also reduce the burden of high electricity bills on government institutions, improve efficiency, and promote the use of clean energy.

(EnviroNews, September 17, 2025)

According to him, the allocation will fund the installation of renewable energy systems, with priority given to institutions that provide essential

Maryamu Idris appointed Nigeria's OPEC representative Maryamu Idris, who is the Managing Director of NNPC Trading Limited, has been appointed as Nigeria's National Representative to the Organization of Petroleum Exporting Countries (OPEC), placing her at the intersection of domestic oil management and international energy policy.

The appointment was confirmed in a statement released by the Nigerian National Petroleum Company (NNPC) Limited.

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“We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organization of the Petroleum Exporting Countries (OPEC),” the statement read in part.

In her new role, Idris will continue to lead NNPC Trading Limited, while representing Nigeria on the OPEC Economic Commission Board (ECB).

She is expected to contribute to technical

Nigeria launches 1GW solar panel factory to boost energy transition To accelerate Nigeria's energy transition and industrialization agenda, the Rural Electrification Agency (REA), the Infrastructure Corporation of Nigeria (InfraCorp), and Solarge BV of the Netherlands have formally announced the creation of Solarge Nigeria Limited, a special purpose vehicle (SPV).

The agreement was signed at the infraCorp office in Abuja, with the SPV expected to establish and operate a 1 gigawatt (GW) solar photovoltaic (PV) panel manufacturing facility in Nigeria.

A statement from REA said the co-ownership and strategic offtake agreement/collaboration align with the federal government's National Public Sector Solarisation

Initiative (NPSSI) and the broader objectives of the Renewed Hope Infrastructure Development Fund (RHIDF).

deliberations and policy recommendations that will shape both national and global energy strategies.

represented.

The aim is to scale clean energy access across public institutions while building robust local content in Nigeria's renewable energy sector. As a result of this, the facility will support significant technology transfer, capacity building and job creation, furthering Nigeria's energy transition and industrial policy goals.

(Arise News, September 18, 2025)

(The Guardian, September 18, 2025)

Her responsibilities will include coordinating closely with the OPEC Governor for Nigeria, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), NNPC Limited, and the Ministry of Petroleum Resources to ensure that Nigeria's interests are effectively

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Nigeria, 7 others sign charter to establish AFRIOERF Nigeria and seven other African countries yesterday signed a charter to birth the African Petroleum Regulators Forum (AFRIPERF), a demonstration of the country's leadership in Africa's oil and gas sector.

The charter seeks to enhance cooperation and collaboration among African petroleum regulators to ensure a safe, efficient, rewarding, equitable, and sustainable petroleum industry, while the forum is also designed with the vision to be the premier platform for African petroleum regulators to share knowledge, best practices, and expertise, to attain regional excellence in petroleum regulation.

Regulatory Commission (NUPRC), Gbenga Komolafe, took place on the sidelines of the 31st edition of the Africa Oil Week (AOW) in Accra, Ghana recently.

The event was attended by regulators from 16 African countries, including Nigeria, Ghana, Somalia, Gambia, Madagascar, Sudan, Guinea, and Togo.

Others in attendance were: Kenya, Mauritania, Benin, Mozambique, Angola, Namibia, South Africa, Morocco.

(ThisDay, September 19, 2025)

The landmark signing ceremony, chaired by the Commission Chief Executive of the Nigerian Upstream Petroleum

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Kenyon International, an indigenous oil and gas service company, has highlighted its record of well intervention programmes in the last 10 years of entrance into the industry, revealing it has revived some dead wells in the Niger Delta, resulting in the recovery of over two million barrels of crude over the period.

Chief executive officer of kenyon International, Dr. Victor Ekpenyong, disclosed this recently during the company's 10th anniversary celebration in Lagos, where the firm also rolled out its ambitious vision for the future amid ongoing global discussions about energy transition.

The occasion spotlighted

Hinckley secures $1.5mn All On investment for battery recycling in Nigeria Hinckley E-Waste Recycling Limited has secured a $1.5 million equity investment from All On, an impact investment firm focused on expanding

Kenyon boosts Nigeria's oil output with over 2mn barrels in 10 years

access to clean energy in Nigeria.

The funding will be used to establish lithium-ion battery recycling and reuse

facilities, as well as used lead acid battery recycling plants, which Hinckley said would be the first of their kind in the country. The facilities are expected to tackle the rising demand for solar batteries and provide a sustainable approach to electronic waste management.

The move follows recommendations from All On's report, “Market Research on the Circular

Kenyon's influence and the importance of its call for Nigeria to chart its own course in unlocking energy access through reinvigorated brownfield development. Ekpenyong reflected on the company's journey from its founding in 2015 to becoming a trusted partner in Nigeria's energy industry.

He underscored Kenyon's pivotal role in the country's resurgence in oil production, citing interventions in brownfield assets, deployment of modern home-grown and foreign technologies, and the ability to leverage divestment opportunities to restore production.

(ThisDay, September 19, 2025)

Economy of the Renewable Energy Sector in Nigeria,” which warned of the environmental and health hazards linked to improper disposal of lithium-ion and lead-acid batteries. The report called for commercially viable recycling solutions to support the growth of Nigeria's renewable energy industry.

(Guardian, September 19, 2025)

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October 2025

FG unveils national energy master plan implementation committee Chief Uche Nnaji, the minister of innovation, science and technology, has inaugurated the National Energy Master Plan Implementation Committee (NEMiC) in a major step towards repositioning Nigeria's energy sector.

Dr. Robert Ngwu, who is a senior special adviser to the minister, said in a statement issued in Abuja recently. He quoted the minister as tasking the committee with the responsibility of

spearheading the country's transition to a cleaner, more inclusive and sustainable energy future.

The inauguration marked the beginning of the full implementation phase of the National Energy Master Plan (NEMP). Nnaji said the committee should deliver real impact to households, industries, and communities nationwide.

(PM News, September 20, 2025)

Dangote refinery resumes gantry self-collection sales Dangote Petroleum Refinery and Petrochemicals Limited has announced that it will resume self-collection gantry sales of petroleum products at its facility.

The disclosure was made in an email from the group commercial operations department of the refinery, marking a reversal of a directive issued earlier in

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September, which had suspended selfcollection and compelled marketers to rely exclusively on the refinery's Free Delivery Scheme.

The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at

Nigeria's oil production meets 96% OPEC quota in August Nigeria's upstream oil sector recorded a year-onyear increase in output, averaging 1.63 million barrels per day (bpd) of crude oil and condensates in August 2025, up from 1.58 million bpd in the same period last year.

This is based on crude oil and condensate production data for August 2025, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which also puts Nigeria's oil production for the period under review at 96 per cent of its OPEC quota.

Daily condensate production in August stood at 197,229 bpd, reflecting a slight decline from 220,435 bpd in August 2024.

On a month-on-month basis, there was a slight 4.7 per cent drop in combined crude oil and condensate production from 1.71 million bpd in July.

Similarly, crude oil production itself declined by 4.8 percent, down from 1.5 million bpd in July 2025. NUPRC said the month-on-month drop was due to a single-day unscheduled maintenance at an oil facility.

A breakdown of August 2025 production comprises 1.43 million bpd of crude oil, which is 96 per cent of the OPEC quota, which is set at 1.5 million bpd, and 5.47 per cent compared to August last year, which posted a daily crude oil average of 1.36 million bpd.

(BusinessDay, September 20, 2025)

no additional cost.

seamless supply.

Dangote Petroleum Refinery also apologized to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring

(Punch, September 20, 2025)

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October 2025

Dangote begins free fuel deliveries to marketers Independent fuel marketers in Nigeria have begun receiving free fuel deliveries from Dangote Refinery, following the deployment of compressed natural gas-powered trucks aimed at easing distribution costs and stabilising pump prices.

The president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, confirmed that marketers in Lagos, Ogun, Ondo, and other south-western states had started taking delivery of petroleum products from the refinery without transport charges.

According to him, “Dangote has started the free delivery.

Already, the trucks have begun moving and discharging products in most parts of the Western Zone. My members are very pleased with the development.”

The refinery has already rolled out over 1,000 trucks, part of a larger fleet of 4,000 CNG-powered vehicles ordered from China. The scheme, originally scheduled to commence on August 15, had been delayed by

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shipping bottlenecks. The remaining trucks are expected to arrive in Nigeria at a later date within the year.

Shettima stressed that only registered marketers would benefit from the logisticsfree supply, though registration remains open through an online portal. “If you don't register, your name will not appear on the system. But registration is straightforward and can be done anytime,” he explained.

The initiative is already having an impact on fuel prices. According to the IPMAN president, pump prices are expected to fall from 865 naira per litre to around 841 naira once supplies spread across different regions.

Nigeria earns $2.21bn from crude oil exports to US Nigeria earned $2.21 billion from crude oil exports to the United States in the first seven months of 2025, according to fresh data released by the US Census Bureau and the Bureau of Economic Analysis.

The figure underscores Nigeria's continued role as America's largest African crude supplier, even though shipments have weakened compared to last year.

Between January and July 2025, Nigeria shipped a total of 28.7 million barrels of crude oil to the United States. This made it the single largest African crude supplier to Washington, significantly ahead of Libya, Angola, and Ghana.

The data shows that the customs value, which measures crude oil price at

the point of export, stood at $2.16 billion. On a cost, insurance, and freight basis, which accounts for the full landed cost, including shipping and insurance, the value rose slightly to $2.21 billion.

This difference highlights the additional costs required to transport crude oil across the Atlantic. However, compared with the same period in 2024, Nigeria's earnings and shipment volumes have fallen. In the first seven months of last year, Nigeria exported 31.5 million barrels to the United States, valued at $2.78 billion on a customs basis and $2.83 billion on a CIF basis.

(Punch, September 21, 2025)

“Prices have started coming down already. Wherever the refinery discharges, independent marketers reduce their pump prices accordingly,” he said.

Some filling stations, including those operated by MRS, reportedly have lowered their prices in line with the deliveries.

(Guardian, September 20, 2025)

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October 2025

Chevron cuts gas flaring by 97% in 10 years Chevron Nigeria Limited has said it has achieved the reduction of routine gas flaring in its operations by more than 97% over the past decade, reaffirming its commitment to environmental sustainability and climate action.

Olusoga Oduselu, the company's general manager for policy, government and public affairs, said the milestone reflects chevron's long-standing investments in gas gathering and processing infrastructure.

associated gas.

Chevron noted that captured gas during crude oil production is channelled into productive use, including power generation and industrial applications, instead of being wasted through flaring.

According to the company, further reductions remain a key target as part of its global ambition for “evercleaner energy.”

(SweetCrude Reports, September 21, 2025)

“Through investments in gathering and processing of associated gas, routine flaring has been reduced by over 97% in the past 10 years in CNL's operations,” Oduselu revealed. He further explained that the reduction is part of Chevron's broader strategy to cut carbon emissions and support Nigeria's climate objectives, while maximizing the value of

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The Federal Government has begun verification of disputed and newly drilled crude oil and gas fields and wells in the Niger Delta region.

Dr. Mohammed Shehu, the Chairman of Revenue Mobilization, Allocation and Fiscal Commission (RMAFC), said the initiative is aimed at ensuring that every oil and gas-producing state receive its rightful share of resources.

He also noted that the exercise aligned with the provisions of the law, citing paragraphs 32(a) part 1 of the third schedule of the 1999 constitution of the Federal Republic of Nigeria, as amended. Shehu explained that the exercise

Seplat Energy commits to $120mn dividend amid growth push Seplat Energy Plc has unveiled a bold dividend framework anchored on a progressive policy that guarantees shareholders at least $120 million (N179 billion) annually, signaling confidence in its post-

FG begins verification of disputed petroleum assets in Niger Delta

acquisition growth strategy despite the tough economic climate in Nigeria's energy sector.

The commitment, announced at the company's Capital Markets Day on

September 18, 2025, is underpinned by projections following its takeover of Mobil Producing Nigeria Unlimited — now renamed Seplat Energy Producing Nigeria Unlimited (SEPNU).

The new policy is expected to deliver a cumulative $1 billion in dividends over the next five years, with the guaranteed $120 million payout serving as a minimum baseline.

was also informed by the various petitions by the governors of Anambra, Delta, Imo, Edo, Ondo, and Rivers seeking to establish the rightful ownership and territorial boundaries of specific crude oil and gas assets.

The assignment, he said, is to be carried out via the Inter-Agency Technical Committee (IATC), comprising the RMAFC, Representatives of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Office of the Surveyor General of the Federation(OSGOF), and the National Boundary Commission (NBC).

(Guardian, September 22, 2025)

As part of the rollout, Seplat increased its Q3 2025 dividend to 5.0 cents per share, up from 4.6 cents in Q1 and Q2, establishing a new benchmark for quarterly payouts. Between 2026 and 2030, the framework is projected to return 40–50% of annual free cash flow to shareholders.

(Tekedia, September 22, 2025)

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October 2025

PETROAN urges FG to involve foreign partners in Port Harcourt refinery revival The Petroleum Products Retail Outlets Owners Association of Nigeria has called on the Federal Government to involve reputable foreign firms as technical and equity partners in the management of the Port Harcourt refinery.

The association's national public relations officer, Joseph Obele, commended the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, for initiating a process that could see the refinery run under a technical and equity partnership model.

hailed NNPC's decision to award the refinery's assessment contract to UOP, a well-known international firm. The association further stressed that engaging a technical partner to assess the plant's condition would guide investors in making informed decisions, describing it as a significant step towards restoring the refinery's operations.

(The Point, September 22, 2025)

Nigeria secures $2mn for clean energy scale-up Nigeria has secured over $2 million from the Global Energy Alliance for People and Planet (GEAPP) to scale interconnected minigrids, a move that will accelerate access to clean, reliable electricity for hundreds of thousands of people.

The announcement was made on the sidelines of the recently concluded 80th United Nations General Assembly (UNGA 80) in New York, where GEAPP

and today it is yielding tangible results in less than three years.

PETROAN particularly

Katsina marks 38th anniversary with landmark renewable energy projects Governor Dikko Umaru Radda of Katsina state has reaffirmed his administration's commitment to clean, reliable, and affordable energy as he commissioned a series of landmark renewable energy projects to mark Katsina's 38th anniversary.

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The governor described the projects as a bold step toward transforming the state's energy sector and creating new growth opportunities. He noted that from the first day of his administration, a clear blueprint anchored on prudence, discipline, and transparency was followed,

“In line with Nigeria's Energy Transition Plan to achieve net-zero emissions by 2060, Katsina State has made remarkable progress.

Across hospitals, schools, and water facilities, we are deploying over 20 megawatts of solar power with 10 megawatt-hours of battery storage. This means better health services, brighter classrooms, and clean water for our communities,” said the governor.

Radda also announced the revival of the long-stalled 10MW Lambar Rimi Wind Farm, now fully owned by the Katsina State Government. He revealed

unveiled a total of $16 million in commitments to expand energy access across Africa.

The funding is part of Mission 300, a joint initiative led by the World Bank Group and the African Development Bank to connect 300 million Africans to electricity by 2030.

(Point Blank News, September 23, 2025)

that the project has been hybridized with an additional 10MW of solar power, making Katsina a pioneer in subnational clean-energy leadership in Nigeria.

The governor further disclosed that the state has provided counterpart funding for a 1MW minihydro system at Danja Dam, in partnership with the French Treasury and Ocean Énergie. He also revealed that construction of the state's first Liquefied and Compressed Natural Gas (LNG/CNG) station is over 90 per cent complete, promising cheaper and cleaner fuel for transporters and industries.

(BusinessDay, September 24, 2025)

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October 2025

Abia to partner US-based firm on power generation, waste management Alex Otti, Governor of Abia State, has said that his administration is open for partnership in power generation and transmission in the remaining eight local government areas of the state that are not covered by Aba Power.

The local government areas are Umuahia North, Umuahia South, Arochukwu, Bende, Isiukwuato, Ohafia, and Umunneochi, which are not covered by Aba Power, that generates and transmits power to Aba and its environs, covering nine local government areas through Geometric Power.

Governor Otti stated this when he received a team from INNOV Power

Solutions, USA-based firm led by Mohammed Konate, who visited him in his office.

Governor Otti, however, directed relevant ministries, departments and agencies involved to further engage the organization to deepen discussions and work out areas of partnership.

He equally stated that his administration is interested in waste management, having cleaned up refuse dumps that once defaced the major cities of the state after he declared a state of emergency in the state's waste management sector on assumption of office.

(BusinessDay, September 24, 2025)

NUPRC approves TotalEnergies' $510m deal with Shell, Agip The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed off on a sales purchase agreement (SPA)

by TotalEnergies Exploration and Production Nigeria Limited to assign its entire 12.5% contractor interest in Oil Mining Lease (OML) 118 to Shell Nigeria Exploration and Production Company (SNEPco) and Nigerian Agip Exploration

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Limited (NAE).

According to the details of the agreement, TotalEnergies will transfer 10% of its interest to SNEPco at a cost of $408, 000,000 while NAE will pay $102,000,000 for the remaining 2.5%.

NUPRC said in a statement that pursuant to Section 95 of the Petroleum Industry

NUPRC clarifies TotalEnergies/Chappal deal The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued an official clarification on the status of the TotalEnergies and Chappal Energies deal, which first received ministerial consent on October 28, 2024.

NUPRC had on October 28, 2024 conveyed a grant of ministerial consent to the transfer of TotalEnergies' entire 10% participating interest in the Nigerian National Petroleum Company Limited (NNPCL) and Shell Petroleum Development Company (SPDC) Joint Venture – excluding OMLs 23, 28 and 77– to Telema Energies Nigeria Limited owned by Chappal Energies.

Act 2021, the commission carried out due diligence on SNEPco to ascertain their financial capacity and technical competence.

“SNEPco and NAE have demonstrated both technical and managerial competence to optimally contribute to the upstream operations (explore, develop and produce) in OML 118. They already maintain a participating interest in the asset.

Specifically, this divestment involved TotalEnergies' 10% participating interest in Oil Mining Leases (OML) 20, 21, 22, 23, 25, 27, 28, 31, 32, 33, 35, 36, 43, 45, 46, 74, 77 and 79. However, months after the approval, Chappal Energies failed to consummate the deal, despite extensions graciously granted by the commission. Based on this, the ministerial consent for the deal was withdrawn on May 29, 2025.

However, the withdrawal of ministerial consent does not in any way rule out the possibility of a future divestment by the interested parties, provided such an asset sale is in line with extant laws.

(NUPRC, September 25, 2025)

“Based on the presentations and documents submitted, there is a clear evidence that they have access to funding to meet their financial obligations,” the commission said.

NUPRC further stated that TotalEnergies, a committed operator in Nigeria's vibrant upstream sector, has also paid the statutory application fee for the deal.

(NUPRC, September 25, 2025)

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October 2025

Bayelsa procures 60mw gas power plant A chieftain of the All Progressives Congress (APC) in Bayelsa State, Festus Daumiebi, has lauded the State Governor, Senator Douye Diri, on the arrival of the electricity gas turbines in the state for the establishment of a power plant.

Daumiebi said the governor's promise of 24 hours uninterrupted power supply in Bayelsa state is being fulfilled with the procurement of the 60 megawatts independent gas turbine power plant which has arrived in Yenagoa.

Four trucks conveyed the imported gas turbines from the state capital for onward movement to the site already built for its installation.

Residents of Yenagoa, the Bayelsa State capital had been experiencing epileptic power and water supply for many years, which led many businesses to leave the state in the past.

However, there is now optimism that the new gas turbines will bring succour to many businesses and homes.

(ThisDay, September 26, 2025)

Dangote resumes sale of petrol in naira The Dangote Petroleum Refinery has resumed sale of premium motor spirit (PMS) in naira less than 24 hours after suspending the sale.

The reversal of the earlier decision followed the intervention of the chairman of the naira for crude transaction committee, Dr. Zacch Adedeji, who is also the executive chairman of the Federal Inland Revenue

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Nigeria pushes digital, green tech to unlock $22bn energy market The Federal Government has called on innovators, investors, and entrepreneurs to seize opportunities in green technology and digital tools, describing them as the foundation for Nigeria's future business growth and competitiveness.

in operation. He projected that connecting just 25 per cent of Nigeria's 85 million energy-poor households to renewable systems within five years could create over 200,000 green jobs, expand agro-processing industries, and cut carbon emissions by millions of tons.

Minister of youth development, Ayodele Olawande, speaking through his senior technical adviser, Obinna Ebirim, at the third edition of the Technology Ecosystem Dialogue in Abuja, said the digital and energy revolution was opening new frontiers for commerce, jobs, and innovation.

Ogene further highlighted the business case for digitalization, stressing that smart metering, AI-driven load management, and mobile-enabled vending systems can reduce operational losses, improve efficiency, and drive transparency in the power sector.

According to Victor Ogene, chairman of the house committee on renewable energy, Nigeria currently spends over $22 billion annually on off-grid diesel generation, with more than 60 million small generators

(Tribune, September 27, 2025)

Service (FIRS).

The naira for crude arrangement was instituted by the federal government through the Nigerian National Petroleum Company (NNPC)Limited to provide crude oil for domestic refineries.

However, the initiative has been faced with the challenge of inadequate crude oil supply.

The Dangote Refinery had

earlier in a notice to customers said it would halt the sale of products in naira with effect from Sunday, September 28, 2025. It explained that the facility had been selling petroleum products beyond its approved naira crude allocation and could no longer sustain the

arrangement.

(Daily Trust, September 27, 2025)

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October 2025

Sahara Group's Afam 2 power plant adds 160mw to national grid Sahara Group's Afam 2 Power Plant in Rivers State has ramped up generation to 160 megawatts, boosting power supply to Nigeria's national grid and advancing the nation's energy reliability agenda.

Commissioned by President Bola Ahmed Tinubu on June 5, 2025, the 180 megawatt Afam 2 Power Plant has emerged as a critical contributor to the nation's energy sector. The plant's performance reflects Sahara Group's commitment to bringing energy to life responsibly, ensuring reliable power for homes, communities, and businesses nationwide.

lighting up Africa. “It is noteworthy that this achievement was recorded with zero downtime incidents, reflecting the expertise and technical excellence of the team on ground. We are proud of the team and our collective achievement,” he said.

Adesina noted that the ramp-up to 160 megawatts at Afam 2 was made possible by recent improvements in gas supply and ongoing infrastructure upgrades, enabling the plant to optimize its output in line with national demand.

(Leadership, September 28, 2025)

The group managing director, Sahara Power Group, Dr. Kola Adesina, described the milestone as an attestation to Sahara's top-notch human capital and unwavering vision of

NNPC, Dangote Refinery sign fresh two-year crude oil deal The Nigerian National Petroleum Company (NNPC) Limited has signed another two-year crude oil supply agreement with the Dangote Petroleum Refinery. The newly-signed deal would ensure the steady supply of crude oil to

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the 650,000-barrel-per-day refinery, which is located in the Lekki area of Lagos.

This is in line with the federal government's determination to supply more crude oil to the facility, especially in naira.

Nigeria begins compensation for indigenes of Ogoniland The federal government has commenced the process of compensating the indigenes of Ogoniland in the coutry's Niger Delta region, whose landed property, farms and livelihoods have been affected by the right of way of the ongoing construction of a major power project in the area.

The project, a federal government initiative being executed by the Hydrocarbon Pollution Remediation Project (HYPREP), is meant to provide electricity to Ogoni communities, in line with the recommendations of the United Nations Environment Programme (UNEP) 2011 report on the

An estimated 82 million barrels of crude oil have so far been allocated to the refinery from October 2024 to date. Out of the 82 million barrels, 60 per cent, being 49.3 million barrels, was sold in naira to the refinery, according to government figures.

The chief corporate communications officer of NNPC, Andy Odeh, said the company had continued to allocate crude oil to the refinery in naira and will maintain the policy.

According to Odeh, NNPC,

environmental assessment of Ogoni, following years of devastation caused by oil exploration and exploitation in the area.

The government of Nigeria, through its agency, HYPREP, which is saddled with the responsibilities of implementing the remediation and livelihoods restoration recommendations of the UNEP report, began the verification process for the right of way compensation recently at the HYPREP liaison office at the Gokana Council headquarters in Kpor, Rivers State.

(AriseNews, September 29, 2025)

Dangote refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) periodically reconcile the volume and cost of crude oil supplied in naira to ascertain if the figures are commensurate with the crude oil delivered.

He also maintained that the state-owned energy company and the refinery negotiated and signed a new sales and purchase agreement that would terminate in 2027.

(Punch, September 30, 2025)

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October 2025

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