Oil and Gas
Subsidy removal palliative: Plans are underway for Nigerians – APC governors

Governors of the ruling All Progressives Congress (APC) said they were in the final stages of plans with the federal government in providing post-fuel subsidy removal pallatives to Nigerians.

This was disclosed on Wednesday night by the Chairman of the Progressive Governors’ Forum (PGF) and Imo state Governor, Senator Hope Uzodimma at the end of a crucial meeting of the governors in Abuja.

Uzodinma also said the resignation of the party’s former National Chairman, Senator Abdullahi Adamu, and the Secretary, Senator Iyiola Omisore were voluntary.
Addressing newsmen after the meeting, the forum’s Chairman admitted that the removal of fuel subsidy, has increase the revenue base of the Federation Account to be shared by all the federal, States and the local governments.
According to him, “On the upcoming FAAC, we are aware that as a result of the removal of fuel subsidy, it will increase the volume of money that will be received in our purses during the Federation Account meeting and we are working with the Federal Government to ensure that it is utilized in a manner that the citizens are happy and the economy of the country will be protected.
“The current hardship occasioned by the price increase is being addressed. The subnational governments are working with the Federal Government and on Thursday there will be a meeting of the National Economic Council to cross the “I” and dot the “t’s”, he stated.
On recent developments in the APC, the PGF boss said; “We deliberated on so many issues as they have to do with our party, the APC. You must have heard of the resignation of the National Chairman of our party and the National Secretary of our party. Those are voluntary actions that have been taken and with due respect to our former National Chairman and the Secretary, we commended the wisdom behind the action they have taken. They served us well in the party and we are happy with their services and the party is united. There is no crisis in the party. They are happy and we also are happy and we are in support of their actions”.
The meeting was being hosted by Imo State governor and Chairman of the forum, Senator Hope Uzodimma.
Governors in attendance include Dapo Abiodun of Ogun state; Umar Bago (Niger); Francis Nwifuru (Ebonyi); Abdulrahman Abdulrazaq (Kwara); Acting Ondo state Governor, Lucky Ayedatiwa; Rev. Fr. Hyacinth Alia (Benue), Uba Sani (Kaduna); Babajide Sanwo-Olu (Lagos); Mai Mala Buni (Yobe); Dikko Radda (Katsina) and Bassey Otu (Cross Rivers).

Oil and Gas
NIES 2025: NLNG says energy security should be a priority

The Nigeria Liquefied Gas on Friday called for energy security to be made a national priority through proactive measure in a manner that the infrastructure and critical assets are protected for the sustainable growth of the oil and gas industry.

Speaking at a panel session titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier” at the 8th Nigeria International Energy Summit (NIES), the Managing Director/Chief Executive Officer of NLNG, Philip Mshelbila stated that there were growing concerns over gas infrastructure security, stressing that while improvements have been recorded in securing oil assets, that gas infrastructure remains vulnerable, and without adequate protection which will lead to underperformance in the industry.

Mshelbina stated that NLNG was focused on boosting both domestic and regional energy access, adding that the company was making smaller-scale investments to retain more gas for local consumption. He noted that a major step in this direction was NLNG’s decision to domesticate 100% of its Liquefied Petroleum Gas (LPG) supply for the Nigerian market.
Beyond the domestic market, Mshelbila remarked that the Company was also working towards enhancing regional energy security. He revealed that, as part of the Train 7 project, the company was constructing a third jetty to support small-scale vessels in supplying gas across Africa’s coastal markets.
Additionally, he said the company was supporting the Federal Government of Nigeria (FGN) in connecting Bonny Island to the mainland to facilitate LPG trucking, thereby strengthening domestic gas distribution. This initiative is expected to boost West Africa’s energy distribution network, positioning NLNG as a key player in the region’s energy landscape, he noted.
Mshelbila also emphasised the need for clear and consistent regulatory frameworks to attract long-term investments.
Through proactive methane reduction, low-carbon innovations, and impactful social initiatives, Mshelbila remarked that NLNG’s commitment to local content and sustainability aligned with global energy transition priorities, stating that NLNG was building investor confidence and demonstrating long-term value.

Oil and Gas
$200 billion required to be injected into development of gas infrastructure – NEITI

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji has said, the sum of $200 billion is needed to be injected into Nigeria’s gas infrastructure for its development and maximization of the natural resources as the ninth largest gas producer in the world as number one in Africa.

He pointed this out in the 2021 – 2023 reports on Oil, Gas and Solid Minerals presented to the Public Accounts Committee chaired by Senator Aliyu Wadada Ahmed, saying the required infrastructure for maximization of gas resources in the country are not there.

He said, there was need for the injection of $20 billion yearly into gas infrastructure for a period of ten years for construction of gas pipelines along and across West African sub-region, and beyond which is a huge expenditure”, he said.
Orji said: “In Nigeria, what we need, is to invest in gas infrastructure to evacuate gas as our study shows that we need an initial investment of $20 billion annually for 10 years to be able to generate the kind of gas infrastructure required to provide gas for the whole of Africa and beyond.
A member of Senate Committee on Public Accounts, Senator Abdul Ningi asked, “what NEITI is doing on alleged $8.5billion unremitted into the consolidated revenue fund by Nigerian National Petroleum Company Limited, Federal Inland Revenue Service and Nigerian Upstream Petroleum Regulatory Commission in 2023”, the NEITI boss said the Economic and Financial Crime Commission, EFCC , is already probing the agencies involved.
Senate panel were further irked by the submission in the NEITI’s report that less than 1% of solid minerals is remitted into Federal Government’s Consolidated Revenue Fund account.
Chairman of Senate Committee on Public Accounts, speaking on remittances of Solid Minerals into the Consolidated Revenue Fund decried the less than 1% contribution of proceeds from the sector on yearly basis.
Other members were unanimous that, NEITI’s report on solid minerals, is not reflective of what is going on in the solid mineral sector.
They wondered why only States like Ogun, Osun, Kogi, Edo, Ebonyi, Rivers, Cross Rivers and FCT, were mentioned in the report excluding Nasarawa , Zamfara , Kebbi , Plateau, Bauchi etc .
Specifically the Chairman of the Committee, Senator Wadada described the less than one 1% contribution of solid minerals to GDP as quite ridiculous and unacceptable.
“This definitely must not continue, there must be complete overhaul of the sector “, he said

Oil and Gas
Niger Tanker Explosion: NUPENG urges government to repair roads, senditise citizens on danger of fuel scooping

The national secretariat of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has urged the Federal Government to repair roads to avert tanker tragedies across the country.

NUPENG made the call in reaction to the recent tragic tanker explosion in Suleja, Niger State.

A statement jointly signed by Williams Akporeha and Olawale Afolabi, respectively, President and General Secretary stated that the union was “deeply saddened by the loss of lives, the destruction of properties, and the injuries sustained by many in this devastating incident.”
The statement, issued to newsmen in Abuja on Sunday, also appealed to the Federal Government to urgently address the poor condition of federal roads.
The statement read in part: “The Union takes this opportunity to urgently appeal to the Federal Government to repair bad roads to prevent such incidents and to intensify efforts in sensitising the public about the dangers of scooping fuel from petroleum truck accidents.
“Our thoughts and prayers are with the victims and their loved ones during this traumatic and challenging time.”
NUPENG further sppealed to the Federal Government to take urgent steps to repair federal roads which it noted were in bad shape.
It also tasked the Federal Government to mandate its relevant agencies to seize the initiative towards sensitising Nigerians on the danger of scooping fuel from scenes of petrol tanker accidents.
The statement further reads in part:”The Union takes this opportunity to urgently appeal to the Federal government to repazir bad roads to prevent such incidents and to intensify efforts in sensitizing the public about the dangers of scooping fuel from accidental situations of petroleum trucks on highways.
“As a responsible organization, NUPENG collaborates annually with relevant agencies, including the Federal Road Safety Corps, the Police, and State Traffic Management agencies, to train our drivers on road safety. The Union is committed to continuously training and retraining our members on best driving and safety practices.
“We stand in solidarity with the affected families and the entire Dikko community in Niger State. We commend the emergency responders who bravely extinguished the fire and rescued many injured victims.
“We urge all relevant authorities to provide the necessary support and medical care to those injured and to take measures to prevent future tragedies.
“May the souls of the departed rest in peace, and may their families find the strength to bear these irreparable losses.”

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