Nigerian News Leader
First with details then facts 
By Boma Benson (Energy Correspondent)
Aba Power still has far the lowest tariff of all 12 electricity distribution companies in the country despite the Nigeria Electricity Regulatory Commission (NERC) 's January 1, 2025, approval for a 50 percent upward review with immediate effect.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives on Local Content operations issued by President Bola Tinubu in March 2024.
By Celestine Okafor (Editor-in-Chief)
Nigeria's Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri Ph.D, said on Tuesday that his attention has been drawn to statements by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, who represented him at a recent conference in Lagos.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
The Nigerian National Petroleum Corporation Limited (NNPC Ltd) has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the 2022 profit of N2.548trillion.
By Celestine Okafor (Editor-in-Chief)
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineeering Nigeria Limited, one of the engineering, procurement, and construction (EPC) contractors of the Nigeria LNG Limited (NLNG) Train 7 Project.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
Amidst the clamour for good governance and reduction in the cost of living in the country, the Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo has asserted the Federal Government’s firm determination to advance the nation’s gas resources as the surest pathway to economic prosperity.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production operations.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
A fire incident has been reported on Akaso 4 Wellhead operated by NNPC 18 Operating Limited. The incident which has extended along the adjacent riverbank is reported to have occurred on August 2, 2024 at about 11:12 pm.
By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11
The Nigerian Content Development and Monitoring Board (NCDMB) and the Senate Committee on Local Content began a 3-day retreat at Abuja, aimed at forging closer collaboration between the two entities, to achieve improved implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
By Israel Okoloagu (Energy Reporter)
The declaration of a state of emergency by the Nigerian National Petroleum Company Limited [NNPC Ltd] on crude oil production has yielded a positive outcome with the increase recorded in daily production from 1.25 million barrels per day [mbpd] in June to 1.61mbpd as of July 23, 2024.
