Nse Anthony

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Articles

2025 Budget: NUPRC Targets 2.1mbpd To Close Oil Production Gap

Jan 18, 2025 | leadership.ng | Nse Anthony

With the 2025 national budget targeting crude oil production of 2.062 million barrels per day (bpd) at $75 per barrel, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stressed the urgent need to close the current gap in the country’s output. Despite recent improvements, Nigeria’s production currently averages 1.7 million bpd, falling short of the budgeted 2.062 million bpd.
Blackout In Abuja As Vandals Attack Transmission Lines

Jan 18, 2025 | leadership.ng | Nse Anthony

Transmission lines supplying electricity to parts of Nigeria’s capital, Abuja, have been targeted by vandals again, disrupting flow to Maitama, Wuse, and Garki and other parts of the city. The Transmission Company of Nigeria (TCN) said the incident occurred in the early hours of Friday at the 132kv transmission line and underground cable transmitting bulk power to the 132kv Central Area transmission substation, Katampe, in the Central Area of Abuja.
Blackout Hits Abuja As Vandals Attack TCN Transmission Lines, Underground Cables

Jan 17, 2025 | leadership.ng | Nse Anthony

The Transmission Company of Nigeria (TCN) has once again reported an attack on its transmission lines conveying bulk power to Abuja, the Federal Capital Territory (FCT). TCN’s general manager, Public Affairs, Mrs. Ndidi Mbah, said the incident occurred in the early hours of Friday, at its 132kv transmission line and underground cable transmitting bulk power to the 132kv Central Area transmission substation, Katampe, in the Central Area of Abuja.
Oil Marketers, Regulators Meet To Tackle Industry Challenges

Jan 16, 2025 | leadership.ng | Nse Anthony

Operators and regulators in the nation’s oil and gas industry have convened a forum, aimed at forging a united front to address pressing challenges in the petroleum sector. This is as the minister of state, Petroleum Resources (Oil), Heineken Lokpobiri, and marketers allayed fears over the imminent rise in the price of the Premium Motor Spirit (PMS) petrol.
Dangote Refinery Reduces Nigeria’s Petrol Imports, Disrupting European Markets - OPEC

Jan 16, 2025 | leadership.ng | Nse Anthony

The Organisation of the Petroleum Exporting Countries (OPEC) has said the Dangote Refinery has significantly reduced Nigeria’s reliance on imported European refined petroleum products. In its Monthly Oil Market Report published on January 15, 2025, OPEC highlighted that the shift could disrupt traditional gasoline flows, forcing international markets to seek alternative destinations for surplus volumes.
TCN Requires N2.779trn To Execute 149 Projects

Jan 14, 2025 | leadership.ng | Nse Anthony

In tackling the electricity challenge facing the country, the Transmission Company of Nigeria (TCN), will require about N2.779 trillion to execute its 149 projects that are scattered across the country, many of them at different stages of completion. Minister of power, Adebayo Adelabu, who made this known, also confirmed approval to commence the second phase of the Siemens power project under the Presidential Power Initiative.
Award: I Will Be Good Ambassador Of LEADERSHIP - Jada

Jan 13, 2025 | leadership.ng | Nse Anthony

The managing director and CEO of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Usman Jada, has expressed gratitude over his award as Chief Executive Officer (CEO) Public Sector Of The Year 2024 from LEADERSHIP Group.
No Grid Collapse, Benin-Omotosho Line Tripped, TCN Clarifies

Jan 12, 2025 | leadership.ng | Nse Anthony

Transmission Company of Nigeria (TCN) has clarified that recent disruptions in power supply were due to the tripping of the Benin-Omotosho Line, not a national grid collapse. Earlier, it was widely reported in the media that the national grid had collapsed. TCN spokesperson Ndidi Mbah, however said the report was a misinformation. “The TCN, hereby states that the nation’s grid did not experience any collapse today, contrary to the widely published misinformation in the media.
Report Of National Grid Collapse Fake News - TCN

Jan 11, 2025 | leadership.ng | Nse Anthony

The Transmission Company of Nigeria (TCN) has clarified that recent disruptions in power supply were due to the tripping of the Benin-Omotosho line, contrary to reports that the national grid collapsed. Earlier, it was widely reported that the national grid had collapsed on Saturday. TCN spokesperson Ndidi Mbah, however, said the report was a misinformation.
18 Months After Tinubu’s Assent…27 States Yet To Implement New Electricity Act

Jan 10, 2025 | leadership.ng | Nse Anthony |Chika Izuora

Eighteen months after President Bola Tinubu signed the Electricity Act, 27 of the 36 states of the federation are yet to begin its implementation. The Act, signed in June 2023, decentralised electricity generation and distribution, allowing states to create their own electricity markets. Tinubu’s signing of the Act removes electricity from the exclusive list of the Nigerian Constitution and gives the states the power to generate and regulate power in their domains.