Energy reform in Nigeria: greater regional autonomy
02/05/2024
The recent decentralization of the Nigerian electricity market ushers in a new era of autonomous governance for Ekiti and Ondo, under the aegis of amended national laws.
The recent decentralization of the Nigerian electricity market ushers in a new era of autonomous governance for Ekiti and Ondo, under the aegis of amended national laws.
Two new projects to promote the development of small hydropower plants and the circular economy have been launched in Nigeria, a European Union (EU) initiative implemented by the United Nations Industrial Development Organization (UNIDO).
Forty NGOs, including Amnesty International, are urging Nigeria to halt the sale of Shell’s onshore assets because of environmental concerns.
The Zungeru hydroelectric power station, a 700-megawatt infrastructure project in Nigeria, is in the test phase.
With prices stagnating despite production cuts, OPEC+ is facing internal and external challenges, calling into question its historic influence on the oil market.
Against a backdrop of underinvestment and security challenges, West African oil producers, notably Nigeria and Angola, face a crucial turning point for 2024
President Bola Tinubu announces the creation of a special committee to draw up a national strategy for the carbon market in Nigeria, marking a major turning point.
Seves group and Sediver fined 13.373 million euros for corruption in the DRC, Algeria, Nigeria and Libya, illustrating the disastrous consequences of corruption on companies.
OPEC+ is committed to further voluntary cuts in oil supply, an ambitious strategy aimed at stabilizing the market in an uncertain economic climate.
Gasoline prices in Nigeria are at an all-time high, rising 26% since President Bola Tinubu ended the fuel subsidy in May. Rising prices have provoked protests by rights groups and trade unions, while the country remains dependent on imports due to the poor state of its refineries, despite hopes that Dangote’s new refinery will fill the fuel gap.
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