General
Petroleum Industry Stakeholders to Gather in Lagos for 2025 SAIPEC
By Modupe Gbadeyanka
Stakeholders in the petroleum industry in Africa will be in Lagos next year for the 9th edition of the prestigious Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC).
The event, put together by the Petroleum Technology Association of Nigeria (PETAN), will take place from February 11 to 13, 2025, at the Eko Convention Centre in Lagos.
It was stated that the three-day programme will have a robust engagement with keynote addresses from industry leaders, showcasing countries and exploring pivotal themes such as driving Africa’s energy future, plans for economic growth and SAIPEC’s African Content Series, hosted by the Nigerian Content Development and Monitoring Board (NCDMB) for the 5th consecutive year.
According to a statement, further sessions and panels will tackle critical subjects including African gas strategies and opportunities, finance and the Diversity, Equality and Inclusion initiatives, underscoring the importance of inclusive growth across Africa’s energy landscape.
SAIPEC 2025 will showcase multi-billion dollar project opportunities across Africa and offer a vital platform for advancing the continent’s energy, oil and gas ambitions, the statement added.
With local content again as a foundational theme, the conference will attract over 6,000 industry stakeholders, including representatives from national oil companies, international oil companies, government bodies, service providers and regulators from more than 50 countries.
Notably, the SAIPEC Future Generations Conference will return, inspiring the next generation of African energy leaders, while SAIPEC Technical sessions and the prestigious SAIPEC Awards will highlight leading innovations and achievements in the sector.
A centrepiece of the event, the international exhibition will feature a dynamic showcase of technology, innovations and services across the energy value chain.
With exhibitors from around the globe, the exhibition will highlight advancements in drilling, exploration, digital technology and sustainability.
It was disclosed that attendees will have the opportunity to engage directly with leading suppliers, service providers, and technology developers driving the evolution of Africa’s energy sector.
This year, host PETAN proudly celebrates its 30th anniversary, marking three decades of leadership and innovation in Africa’s oil and gas sector.
“SAIPEC 2025 stands as a testament to our commitment to driving Africa’s energy transformation, creating sustainable growth, and fostering inclusive partnerships across the continent.
“This year’s program is our most ambitious yet, showcasing innovative strategies, regional collaborations, and groundbreaking advancements in Africa’s oil and gas sector.
“We are excited to bring together industry leaders, experts and future visionaries to shape a prosperous and energy-secure future for Sub-Saharan Africa,” the PETAN/SAIPEC Conference chairman, Mr Ibe Chubby Ibe said.
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.
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.
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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