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Africa’s Biggest Oil Refinery Begins Production in Nigeria With the Aim of Reducing Need for Imports
The $19 billion facility, which has a capacity to produce 650,000 barrels per day, has started to produce diesel and aviation fuel, the Dangote Petroleum Refinery company reported Saturday. As Nigeria’s first privately owned oil refinery, the project “is a game-changer for our country,” it added.
Shell’s divestment plan sparks debate
A plan by Shell to sell off a Nigerian subsidiary has to be approved by the government in Abuja. The energy multinational says it wants to restructure. Activists see a bid to avoid paying up for decades of pollution.
Power generation crashes to 3,383MW despite hike in tariff
The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in power supply as on-grid generation fell to 3,383 Mega Watts as at 3pm 25 January 2024.
Innovations in Renewables: Spotlight at Powerelec Nigeria 2024
While Nigeria is tackling challenges like inflation, a moderate growth rate, etc., on the other hand it has leapfrogged progress in the renewable energy segment – an important indicator of strong growth headwinds.
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Ojokor Maureen Eguono
M&E Education Limited
We hope you find these insights valuable for your ongoing endeavors in the energy/utilities industry. As always, we welcome your thoughts and feedback.
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