By Enam Obiosio Electricity generation companies (GenCos) say the federal government’s payment backlog has climbed to about N6.5 trillion, intensifying pressure across Nigeria’s already fragile …
Tag:
Energy Policy
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Energy
Gas Expansion Targets Demand Credibility Beyond Ambition
by StakeBridgeby StakeBridge 3 minutes readBy Ayo Susan The Nigerian National Petroleum Company Limited (NNPCL) announced plans to increase domestic gas supply by 1.8 billion cubic feet per day (cf/d) …
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Infrastructure
CNG Transition Funded But Physically Absent Nationwide
by StakeBridgeby StakeBridge 3 minutes readBy Johnson Emmanuel Despite over $2 billion in private investment commitments and multiple public allocations, Nigeria’s compressed natural gas rollout has fallen short of its …
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Energy
Nigeria’s $18.2bn Oil Approvals Signal Capital Return, Not Capacity
by StakeBridgeby StakeBridge 3 minutes readNigeria approved 28 field development plans valued at $18.2billion, with combined recoverable potential of about 1.4 billion barrels of oil. The announcement was made by the …
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