IEA’s global electricity demands projection for 2025/2026
Renewables are expected to overtake coal as the world’s largest source of electricity as early as 2025 or by 2026 at the latest, depending on weather and fuel price trends.
Energy and Oil
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Dangote Offering Fuel Credits Facility to Manufacturers, Other Key Sectors
• Aliko Dangote “Effective 15th of August 2025, the Dangote Petroleum Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boost distribution network.” The company said in a press statement : ” The…
“Why Israeli–Iran War Is Good News for Nigeria’s Oil/Gas Industry “
” Economies around the world (Nigeria inclusive) would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term.” Dr Muda Yusuf, the Director/Chief Executive Officer Centre for the Promotion of Private Enterprise [CPPE], says that the outbreak of war between Israel and Iran , if it…
Tinubu : Dangote Is The Wisest Mind in Nigeria’s Economic Landscape
PHOTO (L-R): Femi Otedola; Bill Gates: President Bola Tinubu, and Aliko Dangote, during the tour of the Dangote Petroleum Refinery and Petrochemicals complex. “I landed here with four wise men. I will say wise men,” Tinubu said. “Jim Ovia of reputable Zenith Bank, who has been acknowledged worldwide. Femi Otedola, my baby brother. Samad Rabiu…
GenCos and DisCos Not Competent to Operate and Deliver Power – MAN
The Manufacturers Association of Nigeria (MAN) has observed that more than ten years after, the privatization of the electricity industry has not yielded the desired results for the economy. ” The advice would be that the government should conduct a review of the performance of the DisCos after the last unwarranted increase; conduct a study…
GEF and UNDP Fund 23 Renewable Power Mini-grids in Rural Nigeria
The Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed agreements to provide renewable electricity to 70,000 Nigerians through 23 power mini-grids. Implemented by the Rural Electrification Agency (REA) under the Africa Mini-grids Programme (AMP), this initiative aims to enhance the nation’s clean energy ecosystem and support agricultural development. With capacities…
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