Category: News
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African Civil Society and Unions Urge Reversal of Utility Privatisations
SEO Riders: At a recent regional meeting in Abuja, trade unions and civil society organizations from Nigeria, Kenya, and Uganda called on African governments to reverse existing privatisations in the water, electricity, and waste sectors. They also urged a halt to ongoing or planned discussions on the privatisation of public assets. The meeting, convened by…
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NOAA to Cease Tracking Costs of Climate-Driven Disasters After 2024
SEO Riders: – NOAA ends updates to Billion-Dollar Disaster database amid climate concerns – Experts warn of data gap as NOAA halts tracking of extreme weather costs The U.S. National Oceanic and Atmospheric Administration (NOAA) has announced it will discontinue updates to its Billion-Dollar Weather and Climate Disasters database beyond 2024. This database, active since…
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Global Methane Emissions Remain Critically High Despite Advances in Monitoring
SEO Riders: – Global methane emissions reach alarming levels despite improved monitoring – Nigeria’s methane reduction efforts hindered by data inaccuracies and regulatory challenges – Calls for stronger enforcement to curb methane emissions in Nigeria’s oil and gas sector Recent reports indicate that global methane emissions continue to rise, posing significant challenges to climate change…
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PETAN Urges Nigeria to Boost Crude Oil Output to Meet Refining Demands
SEO Riders: The Petroleum Technology Association of Nigeria (PETAN) has called for an immediate increase in Nigeria’s crude oil production to align with the country’s expanding refining capacity. PETAN Chairman, Wole Ogunsanya, emphasized that with the Dangote Refinery’s 650,000 barrels per day (bpd) capacity and the anticipated addition of the BUA Refinery’s 350,000 bpd next…
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NOGOF 2025: Over 1,000 Delegates to Convene in Bayelsa for Oil & Gas Investment Fai
SEO Riders: – NCDMB’s biennial fair to spotlight opportunities across Nigeria’s oil and gas value chain – Inaugural Champions of Nigerian Content Awards to honor local content excellence at NOGOF 2025 The 5th Nigerian Oil and Gas Opportunity Fair (NOGOF 2025) is set to take place from May 20 to 22, 2025, at the Nigerian…
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The Federal Ministry of Finance, under the astute leadership of the Honourable Minister and Coordinating Minister of the Economy, Mr. Wale Edun, convened its Top Management Staff for the 2025 Ministerial Performance Management Retreat
By Oladosu Adebola Oluwaseun In the heart of Adamawa State, amidst the vibrant energy of its capital, Yola, a pivotal gathering unfolded, signaling a renewed and intensified commitment to Nigeria’s economic trajectory. The Federal Ministry of Finance, under the astute leadership of the Honourable Minister and Coordinating Minister of the Economy, Mr. Wale Edun, convened…
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Naira for Nigerian Oil: A Progress Report on a Bold Economic Initiative
By Oladosu Adebola Oluwaseun The Federal Ministry of Finance in Abuja recently convened a follow-up meeting of its Technical Sub-Committee dedicated to the implementation of a groundbreaking policy: the sale of crude oil and refined petroleum products in Naira. Chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun,…
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Plateau State to Plant 200,000 Economic Trees to Combat Climate Change
SEO Riders: – PADP promotes sustainable agriculture through tree planting initiative – Smart agriculture training empowers women in Plateau’s climate action efforts The Plateau Agricultural Development Programme (PADP) has announced plans to plant 200,000 economic trees across the state’s 17 Local Government Areas in 2025. This initiative, doubling the 100,000 trees planted in 2024, aims…
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Lagos Government Marks 39 Buildings for Demolition Over Ikota River Encroachment
SEO Riders: – Lagos State targets 39 buildings for demolition over river encroachment The Lagos State Government has identified 39 buildings in the Eti-Osa Local Government Area for demolition due to encroachment on the Right of Way (RoW) of the Ikota River. Commissioner for Environment and Water Resources, Mr. Tokunbo Wahab, announced this action following…
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Gates Foundation to Invest $200 Billion Over 20 Years, Closing by 2045
SEO Riders: – Bill Gates commits $200 billion to global health and development by 2045 – Gates Foundation to increase annual spending to $9 billion by 2026 – Nigeria remains key beneficiary in Gates Foundation’s global initiatives Bill Gates has announced that the Bill & Melinda Gates Foundation will allocate $200 billion over the next…