General
Nigerian Governors Suggest Ways to Boost Power Sector
By Adedapo Adesanya
The Nigeria Governors Forum (NGF) has called for a three-way collaboration among the Federal, State Governments, and the private sector to provide affordable and reliable energy solutions in Nigeria.
This was made known by the Governor of Kaduna State, Mr Nasir Ahmad el-Rufai, at the Nigeria Energy Exhibition and Conference, which wrapped off its 9th edition with key stakeholders providing insights into sustainable strategies on Thursday.
The event brought together over 3,500 visitors and over 100 exhibitors representing over 21 countries.
The exhibition and conference attracted local and international investors, exhibitors and renowned speakers, including the Governor of Kaduna State; Mr Abubakar Aliyu, the Minister of Power, Nigeria, represented by Mr Temitope Fashedemi, Permanent Secretary, Federal Ministry of Power; Ahmad Salihijo Ahmad, MD/CEO, Rural Electrification Agency of Nigeria; and Mr Aliyu Tukur Tahir, Managing Director/CEO, NEMSA & Chief Electrical Inspector of the Federation (CEIF).
Speaking at the event, Mr el-Rufai said, “Nigeria requires for its growth and development the delivery of affordable, reliable, and sustainable energy for homes and businesses. The Nigeria Governors Forum believes that the solution to our enduring electricity supply deficits lies in a three-way collaboration between the federal government, state government, and private sector.
“The expansion of generation, transmission, and distribution capacity in the country needs a sound regulated environment that is market driven. The state of the power sector retraces the hoops that inform the electricity power sector reform act passed in 2005. The act provided competitive electricity with a strong regulatory oversight role of the Federal Government”.
“The situation in the power sector suggests that why there are significant roles for the State and Federal Government, the Private sector has to be the largest source of investment, management, and know-how for sustainable and affordable electricity provision. The structural bottlenecks must be addressed within a public policy perspective that gives privacy to serious private sector leadership in the power sector,” he concluded.
On his part, Mr Ade Yesufu, Exhibition Director, Nigeria Energy, speaking about the success of the event, said – “at Informa Markets, we bring together all the relevant stakeholders in the relevant sector to hold critical conversations.
“We have welcomed thousands of visitors during the past three days to not only explore the best strategies to resolving the power challenges but also to build relationships for the sustainable growth of the sector. By connecting all parties in the Energy sector, the Nigeria Energy Exhibition and Conference have successfully unearthed solutions for the challenges in the sector.
“Formerly Power Nigeria, Nigeria Energy began as a platform to provide a blueprint for Nigeria’s power sector in the coming years to not only improve access to electricity but also drive economic growth and create jobs across West Africa. This year marks our 9th edition and continues our mission as the premier energy trade event and the largest gathering of energy trade stakeholders in West Africa.”
Nigeria Energy, the largest gathering of energy trade professionals in West Africa, provided an exceptional networking hub for manufacturers, distributors, procurement professionals, dealers, and regulators and a platform to drive the discourse on key challenges affecting the Energy industry and proffer sustainable solutions.
Through the exhibitions & conferences, Nigeria Energy attracted professionals, policymakers, and service providers who value the power of knowledge-sharing, networking, and business for the end goal of transforming Nigeria’s Energy sector.
General
Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
General
ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
General
FG Declares Holidays for Christmas, New Year Celebrations
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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