Oil & Energy
Nsukka Experiences Serious Power Outage
Power outage has paraly
sed economic activities in Nsukka town, Enugu State following a five-day non-supply of electricity to the area.
The Tide gathered that the university town which relied on public power supply for their businesses had now resorted to generating sets.
Mr Victory Uchendu, who runs a laundry business in town, told newsmen in Nsukka that for the past four days he had been buying petrol to power his generating set because of the situation.
“I give date to my customers when to collect their clothes. Non-supply of power will not be an excuse that is why I buy petrol to ensure delivered on the agreed dates.
“I am spending this money on petrol to ensure I satisfied my customers.
“I went to the Enugu Electricity Distribution Company (EEDC) office to know what the problem was, but I was told its transmission problem,’’ Uchendu said.
A frozen meat and fish dealer, Mrs Ngozi Obodo, said that the power outage had seriously affected her business.
“This business requires 24-hours electricity supply to avoid the goods from spoiling as well as sustaining our customers; no customer will buy meat or fish that has spoiled.
“Somebody, who works in EEDC, said the problem is transmission problem and the engineers are working hard to rectify it.
“The development has affected prices of other goods such as sachet water which now sells for N10 per sachet as against the normal price of five naira,” Obodo said.
Mr Anthony Ukah, a manager in one of the filling stations in Nsukka town, said that the station had experienced increase patronage in the past four days.
“I notice many people coming to buy petrol, especially in the evenings to power their generating sets,’’ Ukah said.
An engineer in Faults U nit office of EEDC Nsukka District Office, who pleaded anonymity, said that the outage was caused by a fault at the EEDC power house in Nsukka.
“I am hopeful that the fault will be rectified soonest,” the engineer said.
Oil & Energy
Take Concrete Action To Boost Oil Production, FG Tells IOCs
Speaking at the close of a panel session at the just concluded 2026 Nigerian International Energy Summit, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said the government had created an enabling environment for oil companies to operate effectively.
Lokpobiri stressed that the performance of the petroleum industry is fundamentally tied to the success of upstream operators, noting that the Nigerian economy remains largely dependent on foreign exchange earnings from the sector.
According to him, “I have always maintained that the success of the oil and gas industry is largely dependent on the success of the upstream. From upstream to midstream and downstream, everything is connected. If we do not produce crude oil, there will be nothing to refine and nothing to distribute. Therefore, the success of the petroleum sector begins with the success of the upstream.
“I am also happy with the team I have had the privilege to work with, a community of committed professionals. From the government’s standpoint, it is important to state clearly that there is no discrimination between indigenous producers and other operators.
“You are all companies operating in the same Nigerian space, under the same law. The Petroleum Industry Act (PIA) does not differentiate between local and foreign companies. While you may operate at different scales, you are governed by the same regulations. Our expectation, therefore, is that we will continue to work together, collaborate, and strengthen the upstream sector for the benefit of all Nigerians.”
The minister pledged the federal government’s continued efforts to sustain its support for the industry through reforms, tax incentives and regulatory adjustments aimed at unlocking the sector’s full potential.
“We have provided extensive incentives to unlock the sector’s potential through reforms, tax reliefs and regulatory changes. The question now is: what will you do in return? The government has given a lot.
Now is the time for industry players to reciprocate by investing, producing and delivering results,” he said.
Lokpobiri added that Nigeria’s success in the upstream sector would have positive spillover effects across Africa, while failure would negatively impact the continent’s midstream and downstream segments.
“We have talked enough. This is the time to take concrete actions that will deliver measurable results and transform this industry,” he stated.
It would be noted that Nigeria’s daily average oil production stood at about 1.6 million barrels per day in 2025, a significant shortfall from the budget benchmark of 2.06 million barrels per day.
Oil & Energy
Host Comm.Development: NUPRC Commits To Enforce PIA 2021
Oil & Energy
PETROAN Cautions On Risks Of P’Harcourt Refinery Shutdown
The energy expert further warned that repeated public admissions of incompetence by NNPC leadership risk eroding investor confidence, weakening Nigeria’s energy security framework, and undermining years of policy efforts aimed at domestic refining, price stability, and job creation.
He described as most worrisome the assertion that there is no urgency to restart the Port Harcourt Refinery because the Dangote Refinery is currently meeting Nigeria’s petroleum needs.
“Such a statement is annoying, unacceptable, and indicative of leadership that is not solution-centric,” he said.
The PETROAN National PRO reiterated that Nigeria cannot continue to normalise waste, institutional failure, and retrospective justification of poor decisions stressing that admitting failure is only meaningful when followed by accountability, reforms, and a clear, credible plan to prevent recurrence.
-
Sports3 days agoArsenal Women End Man City’s Invincibility
-
Sports3 days agoU-20 WWC: Falconets claim qualifier win
-
Sports3 days agoInsurance Deepen Enyimba’s Trouble
-
Sports3 days agoYouth Olympics preparation Gears up
-
Sports3 days agoCologne Youth Team Set Crowd Record
-
Sports3 days agoTornadoes Set For NPFL exit over Stadium Ban
-
Sports3 days agoPalmer Stars As Chelsea Compound Wolves Woes
-
Sports3 days agoBarca Pull Out Of Super League Project
