FG eyes N1.49trn electricity export revenue

EditorNovember 20, 2025November 20, 202507 mins

The federal government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African Countries under the Economic Community of West African States sub-region from June 2026. The earnings are based on what a full 600 megawatts export capacity is capable of generating at the prevailing regional tariff, as Nigeria…

How FG contained crude oil theft, drops to 2.04 million barrels in 7 months – NUPRC

EditorSeptember 12, 202505 mins

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that the federal government was able to contain crude oil theft to 9,600 barrels per day, totalling 2.04 million, from January to July 2025. A statement by the commission said this is a 50 per cent reduction from the 4.1 million barrels lost at a daily…