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Oct 3, 2024 | 
nairaland.com | Caleb Obiowo |Omono Okonkwo |Bunmi Aduloju
Inside The CNG Conversion Journey In Lagos by naptu2: 5:36amInside the CNG conversion journey in Lagosby Caleb Obiowo A visit to Autogig International Resources Ltd. in Gbagada, one of six centers selected by the Presidential Compressed Natural Gas Initiative (PCNGi) for free CNG conversion, offered a chance to explore the growing interest in compressed natural gas (CNG).
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Jan 2, 2024 | 
nairametrics.com | Omono Okonkwo
The Minister of State for Petroleum Resources, Heineken Lokpobiri has said that he anticipates a crude oil production of 2 million barrels per day in 2024. According to a January 2 Arise News report, the Minister said that during the year, the country will be producing up to 2 million barrels per day, this is a combination of crude oil and condensates production. According to him, the country can even achieve higher production figures.
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Jan 1, 2024 | 
nairametrics.com | Omono Okonkwo
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a condensates production target of 2.6 million barrels per day by 2026. As a part of its strategic plan for the oil sector spanning 2024 to 2026, the regulatory body has outlined ambitious targets. According to Reuters, the National Upstream Petroleum Regulatory Commission (NUPRC) disclosed in its 2024-2026 action plan, a focus on increasing condensates production.
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Jan 1, 2024 | 
nairametrics.com | Omono Okonkwo
The Minister of Power, Adebayo Adelabu has said that the administration is reviewing the implementation process for a cost-reflective electricity tariff. He said this via his Twitter account on Monday, January 1. The Minister decried the lack of liquidity which is a significant challenge in the electricity market.
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Jan 1, 2024 | 
nairametrics.com | Omono Okonkwo
In a televised interview on December 31, 2023, via Channels Television, Temitola Adekunle-Johnson, the Senior Special Assistant to the President on Job Creation and MSMEs, emphasized the Tinubu administration’s commitment to securing alternative power sources for Micro, Small, and Medium Enterprises (MSMEs). This initiative aims to sustain these businesses considering the ongoing challenges posed by the unreliable electricity supply across the country.
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Jan 1, 2024 | 
nairametrics.com | Omono Okonkwo
Nigerians are paying up to N690 per liter for petrol as of January 1, 2024. A recent review conducted by Nairametrics on Monday, January 1, regarding petrol prices across some Nigerian states, uncovered the fact that citizens are currently paying as high as N690 per liter for petrol. The examination revealed a diverse pricing landscape, notably in Enugu state, where residents encounter varying costs depending on the specific location and retail station.
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Jan 1, 2024 | 
nairametrics.com | Omono Okonkwo
President Bola Ahmed Tinubu has promised upgrades in the power and oil sectors in 2024. He stated that the ongoing work on the power and oil sectors will be delivered soon during his New Year’s Day speech to Nigerians on January 1, 2024. According to him, his administration has been working within the last seven months of 2023 to improve service delivery across different sectors. He highlighted the power and oil sectors as some focus areas for this goal.
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Dec 23, 2023 | 
nairametrics.com | Omono Okonkwo
With Christmas just around the corner, food prices in Nigeria continue to surge due to a persistent rise in inflation. Based on November 2023 data from the National Bureau of Statistics (NBS), the current inflation rate stands at a staggering 28.20%. This surge in prices is primarily linked to increased transportation costs for farmers and food traders who ferry food items from rural farms to urban centres across the country.
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Dec 21, 2023 | 
nairametrics.com | Omono Okonkwo
Angola, a key member of the Organization of the Petroleum Exporting Countries (OPEC) since 2007, has declared its intention to leave the organization. This move is a response to what Angola perceives as a misalignment between its national interests and OPEC’s production quotas. This significant decision sheds light on the challenges within OPEC and its impact on the global oil market.
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Dec 21, 2023 | 
infodig.com.ng | Omono Okonkwo
Omono Okonkwo is an accomplished Mass Communicator, with a remarkable track record spanning over a decade across various dimensions of the field. Her proficiency encompasses Print, Digital, and Broadcast Journalism, Copywriting, Research and Writing, Podcasting, Public Speaking, as well as a comprehensive grasp of Energy Markets.
