General
Lokpobiri Counsels African Producers to End $120bn Fuel Import Bill
By Adedapo Adesanya
The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has called for urgent collaboration among African nations to reduce the continent’s annual $120 billion expenditure on fuel imports.
He said the continent must retain more value by building refining capacity and energy infrastructure.
Mr Lokpobiri, who made the call in a statement shared on X, said Africa’s growing energy demand presents enormous opportunities that must be strategically harnessed to achieve regional self-sufficiency and long-term economic stability.
“The African energy market is vast, our resources are abundant, and the demand for energy continues to grow exponentially,” the Minister said.
“Therefore, we must leverage every available measure and strategy to diversify our energy mix, address supply challenges, and attract more investment into our energy sector,” he added.
According to him, Nigeria is leading the charge through sweeping energy reforms and fiscal incentives aimed at creating an investor-friendly environment that supports local refining, cleaner fuels, and cross-border collaboration.
“Nigeria is championing this cause through far-reaching reforms and fiscal incentives that continue to make the Nigerian energy market increasingly competitive and attractive to investors.”
The Minister said that Africa’s dependence on imported petroleum products remains unsustainable and undermines the continent’s economic resilience.
He described the $120 billion annual fuel import bill as a wake-up call for leaders to act decisively in building regional refining networks and value chains.
“For Africa to be spending over $120 billion annually on the importation of hydrocarbon products clearly indicates how vast and promising our energy market is,” he said. “This reality calls for deliberate efforts to retain a significant portion of that value within the continent by developing our refining capacity, infrastructure, and market systems.”
Mr Lokpobiri emphasized that Nigeria’s energy policy reforms, including incentives for modular refineries, investments in gas monetization, and the rehabilitation of state-owned refineries, are part of the country’s strategy to reduce dependency on imports and support regional trade.
He highlighted that the West Africa Reference Market, WARM, initiative, which seeks to harmonize fuel standards, prices, and logistics across the subregion, is a major step toward achieving energy integration and sustainability.
“This is precisely what the West Africa Reference Market seeks to achieve,” he explained, “creating a framework that enhances regional self-sufficiency, competitiveness, and collaboration.”
The Minister also reiterated Nigeria’s strategic role as a continental leader in energy production, refining, and trade, stressing that cooperation across borders is vital to unlocking Africa’s full potential.
“Nigeria remains strategically positioned to continue playing a leading role in realizing this vision for Africa’s energy future,” he said.
This stance reflects growing consensus among African producers to prioritize refining and value retention, especially following the planned expansion of Dangote Refinery to 1.4 million barrels per day that could define Africa’s downstream dynamics.
Mr Lokpobiri’s remarks come as the continent intensifies talks on harmonizing petroleum policies under the African Continental Free Trade Area (AfCFTA) aiming to create a single, competitive market for oil and gas products.
By Modupe Gbadeyanka
President Bola Tinubu on Saturday confirmed the killing of a senior ISIS leader, Mr Abu-Bilal Al-Manuki, in an overnight operation carried out by the United States and Nigeria.
President Donald Trump had earlier announced the elimination of the notorious terrorist via a post on his Truth Social.
Later, in a statement today, Mr Tinubu praised the action, describing it as “a significant example of effective collaboration in the fight against terrorism.”
“Our determined Nigerian Armed Forces, working closely with the Armed Forces of the United States, conducted a daring joint operation that dealt a heavy blow to the ranks of the Islamic State,” he said in the statement.
According to him, early assessments confirm the elimination of the wanted IS senior leader, Abu-Bilal Al-Manuki, also known as Abu-Mainok, along with several of his lieutenants, during a strike on his compound in the Lake Chad Basin.
He commended the partnership between Nigeria and America in waging war against terrorists, thanking his US counterpart “for his leadership and unwavering support in this effort.”
“I commend the personnel involved on both sides for their professionalism and courage, and I look forward to more decisive strikes against all terrorist enclaves across the nation,” the Nigerian leader added.
By Adedapo Adesanya
Nigeria is set to strengthen its defence architecture by deploying artificial intelligence-powered surveillance systems and advanced anti-drone technology as part of efforts to modernise the country’s military capabilities, according to the Minister of Defence, Mr Christopher Musa.
He disclosed this during a high-level visit to Monaco, where he led a Nigerian delegation to conclude discussions on the multi-domain Hybrid Intelligence Shield (HIS) project.
According to Mr Musa, the initiative is designed to enhance border security, protect urban centres and improve the country’s response to emerging security threats.
The project is expected to introduce AI-driven surveillance systems capable of identifying threats rapidly through smart algorithms, while anti-drone technology will be deployed to intercept and neutralise unmanned aerial threats.
The government also plans to establish national and regional command-and-control centres to improve real-time coordination and response to security incidents across the country.
Mr Musa said the initiative would place strong emphasis on technology transfer and local capacity development through the establishment of a military Centre of Excellence in Nigeria.
He added that the federal government would leverage partnerships with international firms, including Marss UK Ltd, while simultaneously building indigenous capabilities to address insurgency, illegal mining, piracy and other security threats.
Nigeria has continued to battle multiple security challenges in recent years, including insurgency in the North-East, banditry and kidnappings in the North-West, farmer-herder clashes in the North-Central region, crude oil theft in the Niger Delta and piracy in the Gulf of Guinea.
Nigeria is stepping up its defence as the border region of Nigeria, Benin and Niger on the southern edge of the Sahel region is becoming a new stronghold for jihadists, as militants turn forests and pastoral networks in West Africa into bases for recruitment and international attacks.
Attacks in Nigeria have also risen, with data from the website of the Armed Conflict Location & Event Data (ACLED), a conflict-monitoring group, affirming that the number of suicide bombings in Nigeria by March already matched the annual average over the past six years.
The Nigerian military has also been dealt a blow to its military bases and senior figures targeted. In April, Brigadier-General Oseni Omoh Braimah was killed when Islamist fighters attacked a base in Borno State.
To also meet the defence goal, Nigeria is stepping up efforts to build domestic arms-manufacturing capacity.
By Adedapo Adesanya
Nigeria and Morocco are set to sign a major intergovernmental agreement later this year to push forward the long-delayed Nigeria-Morocco Gas Pipeline project, a multi-billion-dollar energy corridor expected to reshape gas trade across West Africa and Europe.
The agreement, expected to be signed in the fourth quarter of 2026 by President Bola Tinubu and King Mohammed VI of Morocco, follows the completion of preliminary technical studies for the ambitious project, according to officials from both countries.
The pipeline, also known as the African Atlantic Gas Pipeline, is projected to stretch about 6,900 kilometres along offshore and onshore routes across West Africa, making it one of the largest gas infrastructure projects on the continent.
With an estimated cost of $25 billion, the pipeline is designed to transport up to 30 billion cubic metres of gas annually once completed.
Discussions on the project gained fresh momentum during a telephone conversation between Nigeria’s Minister of Foreign Affairs, Mr Bianca Odumegwu-Ojukwu, and her Moroccan counterpart, Mr Nasser Bourita.
The project would not only strengthen energy cooperation between the two countries but also improve regional economic integration and expand Africa’s access to European energy markets.
According to Morocco’s hydrocarbons and mining agency, ONHYM, part of the gas supply will support Morocco’s domestic energy demand, while large export volumes will be directed to Europe.
The project, first proposed about a decade ago, is seen as a strategic alternative gas supply route amid rising global energy security concerns and Europe’s search for more diversified energy sources.
Beyond the pipeline, Nigeria and Morocco are also exploring broader economic partnerships, particularly in fertiliser production and distribution to support food security across Africa.
Both countries also agreed on the need to revive the Nigeria-Morocco Business Council to strengthen trade and investment relations under the African Continental Free Trade Area framework.
Analysts noted that the project could significantly boost gas monetisation opportunities for Nigeria, expand regional infrastructure development, and deepen economic ties between West African nations and Europe if successfully executed.
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