Category: Commerce & Industry

BYERA Regulations 2026 Will Build a Credible Market and Protect Bayelsa Consumers – Dr. Rosalyn Dressman The Bayelsa State Electricity Regulatory Authority has presented the Electricity Market Entry Regulations 2026 as a practical framework to attract investment, regularize operators, and strengthen consumer protection ahead of the state’s electricity market rollout. Speaking at a stakeholder/vetting session…

BYERA Sets May 11 for Public Vetting of New Electricity Licensing Rules By Chris Mark  The Bayelsa State Electricity Regulatory Agency, BYERA, will hold a stakeholder vetting meeting on its proposed Licensing and Market Entry Regulations, 2026, on Monday, May 11, at the DSP Alamieyeseigha Banquet Hall in Yenagoa. The agency said the meeting is…

Electricity autonomy row: Ondo Govt tackles NERC By Lai Gidado    The Ondo State Government has accused the Nigerian Electricity Regulatory Commission (NERC) of continued interference in the affairs of states that have attained electricity regulatory autonomy, warning that such actions threaten the future of sub-national power sector reforms in Nigeria. The Ondo State Commissioner…

Nigeria Poised to Lead Africa’s Energy Drive -Lokpobiri By Chris Mark  The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, Ph.D, has declared that Nigeria’s emergence as West Africa’s most reliable energy supply hub is no longer an ambition, it is an advancing reality, backed by institutional reform, proven indigenous capacity, and a…

ONDO STATE BEGINS REVIEW OF ELECTRICITY LAW TO STRENGTHEN POWER SECTOR The Ondo State Government has commenced a comprehensive review of the Ondo State Electric Power Sector Law 2020, as part of ongoing efforts to strengthen governance, improve regulatory efficiency, and accelerate electricity development across the state. The review session was held during a public…

Ondo cracks down on Illegal gold mining in Ose, vows to protect host community By Kunle Michael  The Ondo State Government has taken decisive steps towards addressing illegal gold mining in Ose Local Government Area. It, however, pledged to protect host community interests while exploring lawful means of harnessing the mineral resource for economic development….

Remittance of 1% Nigerian Content Levy Still Mandatory – NCDMB -Access to Approvals, Services Dependent on Payment Certificate The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday reminded operators, contractors, and service companies in the upstream sector of the Nigerian oil and gas industry of their mandatory obligation to remit one percent (1%) Nigerian…

Ekpeye Monarch Calls for Unity Amidst Oil Exploration Challenges His Imperial Majesty, Eze Amb. Kelvin Anugwo JP, Eze Ekpeye Logbo III has emphasized the need for unity among Ekpeye people to address the challenges facing the ethnic nationality. Speaking at a sensitization programme tagged: ” Proper Utilization of the Petroleum Industry Act (PIA) Host Communites…

NCDMB, Media Team Visit Marconi.NG, As Firm Assures on Cost, Schedule Competitiveness As the Federal Government intensifies efforts to attract new oil and gas investments, spur speedy development of fields and ensure reduction in the cost of production, Marconi.NG EPC Limited (Marconi), positioning itself as one of the leading oil and gas service companies in…

Bunorr Integrated Energy Limited Commend NCDMB For Its Support. Bunorr Integrated Energy Limited has commended the Nigeria Content Development and Monitoring Board, NCDMB, for its consistent support, guidance and partnership at supporting Nigerian local content. The Managing Director of Bunorr Integrated Energy Limited, Mr Modestus Ikechukwu Okeke made the commendation during a visit to its…