๐๐ข๐ ๐๐ซ๐ข๐ ๐๐จ๐ข๐ง๐ฌ ๐ญ๐ก๐ ๐๐ง๐ข๐๐ข๐๐ ๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐๐๐ง ๐๐จ๐ฐ๐๐ซ ๐๐ซ๐ข๐: ๐ ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐๐จ๐ฐ๐๐ซ ๐๐ก๐ข๐๐ญ?
As the year winds down, the power sector has quietly marked a breakthrough that could redefine regional energy dynamics. On November 8, 2025, Nigeria achieved what has eluded the industry for nearly two decades: a successful, four-hour (between 05:04 a.m. and 09:04 a.m.) synchronization of the Nigerian national electricity grid with the regional West African […]
Analysing Ondo Stateโs $50 Billion Refinery Ambition
In July 2025, Backbone Infrastructure Nigeria Limited (BINL) signed a Memorandum of Understanding (MoU) with the Ondo State Government, executed through the Ondo State Investment Promotion Agency (ONDIPA), to develop a large-scale refinery and free trade zone in the State. The project which is to be located in Ilaje Local Government Area, is expected to […]
Nigeriaโs Solar Mini-Grid Surge: A Blueprint for Emerging Markets?
Dear Readers, On September 9, 2025, United Capital Infrastructure Fund (UCIF) announced the signing of a $3.2 million dollars (approximately N5 billion naira) revolving credit facility with Nigeriaโs leading clean energy company, Husk Power Energy Systems Nigeria Limited (Husk Power) at the Africa Climate Summit (ACS) in Addis Ababa. This landmark transaction stands as the […]
Unlocking Stranded Gas: Why the Gulf of Guinea Gas Pipeline Matters for Nigeriaโs Energy Future
Dear Readers, Nigeria, with over 210 trillion cubic feet of proven natural gas reserves, the largest in Africa and the eighth largest globally, still struggles to fully harness this wealth, as inadequate pipeline infrastructure leaves much of the gas stranded. Against this backdrop, the recent Joint Communiquรฉ signed in June between Nigeria and Equatorial Guinea […]
Nigeriaโs Decade of Gas: NLNGโs Long-Term Gas Supply Agreements Signal a Turning Point
Dear Readers, In a decisive step forward for Nigeriaโs gas industry, the Nigeria LNG Limited (NLNG) has entered into a series of landmark long-term Gas Supply Agreements (GSAs), with extension options, with six (6) third-party suppliers. Under the agreements, up to 1,290 mmscf/d (13.3 bcm/yr) of feed gas will be supplied to its Bonny Plant, […]
Unpacking Nigeriaโs Power Sector Investments: Are We on Track?
Dear Readers, In its โState of Africaโs Infrastructure Report 2025,โ the Africa Finance Corporation (AFC) presents a stark outlook for the continentโs power sector, noting that electricity generation is growing at less than 2% annually, with only 6.5 gigawatts (GW) of utility-scale capacity added in 2024. This lags significantly behind other jurisdictions such as India, […]
Pit to Powerhouse: Will Nigeria Industrialise Its Mining Wealth?
Dear Readers, Nigeria is on the cusp of another defining moment in its industrial and economic evolution. Just weeks after news broke about the establishment of an electric vehicle (EV) factory, in partnership with China, the nationโs mining sector has registered another significant milestone, a landmark $400 million investment into what is set to become […]
Nigeriaโs EV Opportunity: Is Nigeriaโs Solid Mineral Sector ready for this opportunity?
Dear Readers, In a strategic development poised to reshape Nigeriaโs industrial landscape, China is set to deepen its collaboration with Nigeria through the establishment of electric vehicle (EV) factories. During a recent courtesy visit to the Honourable Minister of Solid Minerals Development, Dr. Dele Alake, Ambassador Dunhai reiterated Chinaโs commitment to elevating its engagement with […]
Revived But Not Reformed: The Stalled Progress of Nigeriaโs State Refineries
Dear Readers, Barely a month after the much-celebrated reopening of the Warri Refining and Petrochemical Company, the Refinery has come to a grinding halt.[1] Commissioned in 1978 and inactive for decades due to technical inefficiencies, the 125,000 barrels-per-day refinery resumed operations on December 30, 2024, only to shut down on January 25, 2025, due to […]
Afreximbankโs $3 Billion Power Move: Is Africa Ready to Refine Its Future?
Dear Readers, In a bold play to reclaim control of Africaโs energy destiny, the African ExportโImport Bank (Afreximbank) has pledged $3 billion to finance the purchase of locally refined petroleum products across the continent. This was announced earlier this month by the Executive Vice-President, Kanayo Awani, at an energy conference in Cape Town, South Africa. […]
