In its drive to expand the use of Liquefied Petroleum Gas (LPG), also known as cooking gas, the Nigerian government has set a target of reaching at least 5 million households by 2030. Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo said the drive has already enabled over one million households to …
The European Union has pledged €15.5 billion to accelerate Africa’s clean energy transition. The funding aims to expand electricity access and support sustainable economic growth across the continent. European Commission President Ursula von der Leyen announced the pledge on behalf of Team Europe. It includes over €10 billion in EU-led funding, along with significant contributions …
The federal government has dismissed claims that it increased the pump price of Compressed Natural Gas (CNG), clarifying that recent adjustments were made by private investors. In a statement on Thursday, the Brands and Corporate Communications Manager of the Presidential Compressed Natural Gas Initiative (PCNGI), Matilda Johnson, described reports attributing price hikes to government directives …
Lagos is preparing to make history as it hosts the continent’s first-ever E1 Electric Powerboat Championship from October 3 to 5, 2025, in Victoria Island. The Lagos State Government and the organisers of the E1 Series confirmed their readiness, promising a world-class event that will bring together more than 250 international sports personalities. The E1 …
The Federal Government (FG), through the Presidential Compressed Natural Gas Initiative (PCNGi), has donated four 50-seater hybrid buses to the Federal Capital Territory Administration (FCTA). FCT Minister Nyesom Wike received the handover on Thursday in Abuja. Presenting the vehicles, PCNGi Chief Executive Officer and Program Director Michael Oluwagbemi said the donation reflects President Bola Ahmed …
Esther Ososanya ActionAid Nigeria has urged the Federal Government to suspend its proposed 5% surcharge on fossil fuel transactions, warning that the policy could damage the country's fragile economic recovery and worsen inequality. The new levy, introduced in Section 158 of the recently gazetted Nigeria Tax Act, is scheduled to take effect in 2026. It …
