Oil & Energy
Be Safety Conscious, LG Boss Tells Gas Dealers, Retailers
To curb the recurrency of fire disasters caused by gas explosion in Lagos State, Oshodi-Isolo Local Government has held a stakeholder’s meeting with dealers and retailers toward increasing safety measures.
The Media Officer of the council, Mr Babajide Dada made this known in a statement made available to newsmen in Lagos.
According to the statement, the Supervisory Councillor on Environment, Mr Yusuf Adesanya, sensitised gas station owners and retailers on the importance of ensuring adequate safety measures to prevent occurrence of fire outbreak.
“The security of lives and property within the community remains the fundamental responsibility of government which the Bolaji Ariyoh- led administration has been working hard to sustain.
“The issue of gas explosion in Lagos is becoming recurring disaster claiming lives and property which has forced the government to beam its searchlight on the sector, especially the retail outlets, to ensure that safety measures are in place.
“So this interactive meeting with stakeholders is necessary. We don’t want to endanger the lives of residents,” Adesanya said.
The Head of Department of Environmental Services of the council, Mr Akeem Adeoye said that gas operators’ number one priority should be safety.
Adeoye explained that gas retail outlets operating within the environment not conducive for such, had been asked to either vacate or incur the wrath of the law.
He implored operators to be conscious of safety measures that must be put in place which include fire extinguisher, buckets of sand, Personal Protective Equipment, nose masks and hand gloves.
He also advised on constant check to prevent leakages.
Adeoye warned gas plant owners within the community to ensure there were routine check on facilities with standards being maintained.
Chairman, Liquid Gas Petroleum Association, Mr Peter Abure appreciated the council’s management for the sensitisation.
Abure expressed concern about measures and standards of operation which the association imposed on members.
He promised that gas plant and retail outlets would continue to strive till the best practices were realised to guarantee safety within the community.
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Abia State Governor, Alex Otti, says the state is no longer experiencing power failures caused by frequent collapses of the national grid.
This is as his administration begins investing in converting organic waste Into electricity.
Speaking to the media at the State Government House, last Thursday, Governor Otti revealed that waste products are now being transformed into renewable energy through Biogas.
He stated that the state is no longer fully under the supervision of the Nigerian Electricity Regulatory Commission (NERC).
Otti explained that the new arrangement has been negotiated and accepted by the the Enugu Electricity Distribution Company (EEDC), the utility firm responsible for power distribution in Abia.
In his words “This is a pilot programme. Instead of discarding waste, we can convert it into clean energy, enabling us to power numerous areas, particularly the Umuahia In-Farms.
“I had earlier reported that our proposals to EEDC have been accepted, and we are in the process of raising funds to settle obligations with them.
“On 24th December, the Abia State Electricity Regulation Authority took iver the regulation of power from NERC. From now on, generation, transmission, and distribution will be regulated within the state.”
Otti highlighted that the initiative is aimed at improving efficiency and achieving energy independence, similar to how Aba Power provides electricity for the Aba In-Farms.
“You may Have noticed that during some recent national grid collapses, our state remained unaffected because a significant portion of our power infrastructure is now under our authority,” he said.
Governor Otti further expressed optimism on the Progress of the programme saying “That is the entire purpose acquiring the Umuahia in-farms, and i am pleased with the advancements we are making in this regard.”
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its dedication to a transparent process for the 2025 Oil Bid Round.
The Chief Executive, NUPRC, Mrs Oritsemeyiwa Eyesan, while speaking at a Pre-Bid Webinar, at the Weekend, emphasized that the process is an opportunity for investors to participate in a stable, rules-based system that fosters genuine value creation.
Eyesan disclosed that the process involves five steps including “Registration, Pre-qualification, Data acquisition, Technical bid submission, and Evaluation and Commercial Bid Conference.
“This has been done to increase competitiveness and a response to capital mobility,”.
“Only candidates with strong technical and financial credentials will move forward, chosen through a transparent merit-based process”.
She noted that with President Bola Tinubu’s approval, signature bonuses have been adjusted to reduce entry barriers, prioritizing technical capabilities, credible programs, financial strength, and production delivery speed.
“Let me state clearly that the bid process will comply with the PIA 2021, promote the use of digital tools, for smooth data access and remain open to public, and international and institutional scrutiny through partners like NEITI, and other oversight agencies. Indeed, transparency is an integral part of our process,” she stated.
“To further strengthen the process, today’s Webinar, the first of its kind, aims to clarify bid requirements and helps you participate effectively before the tender deadline as well. We also invite your questions and feedback to improve the licensing round process and outcomes.
“In closing, let me emphasize that the Nigerian 2025 Licensing Round is not merely a bidding exercise; it is a clear signal of a reimagined Upstream Sector anchored on the rule of law, driven by data, aligned with global investment realities, and focused on long term value creation”, the NUPRC boss stated.
The 2025 Licensing Round, launched on December 1, 2025, offers 50 oil and gas blocks across various terrains, including frontier, onshore, shallow water, and deep water.
Since then, all licensing materials have been posted on the Commission’s portal, and dedicated support channels have been created to address applicant inquiries.
Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly more than Nigeria’s estimated domestic consumption.
The refinery said it can supply 75 million litres of Premium Motor Spirit (PMS) daily against an estimated national consumption of 50 million litres.
The company, in a statement issued to Journalists, at the Weekend, also said it has capacity to supply 25 million litres of Automotive Gas Oil (AGO) compared with an estimated daily demand of 14 million litres, along side capacity to supply 20 million litres of aviation fuel daily, above the estimated maximum domestic consumption of four million litres.
According to the refinery, the availability of volumes above prevailing demand provides critical supply buffers, enhances market stability and reduces reliance on imports, particularly during periods of peak demand or logistical disruption.
“The management of Dangote Petroleum Refinery would like to reiterate our capability to supply the underlisted petroleum products of the highest international quality standard to marketers and stakeholders,” the company said in a public notice.
The refinery reaffirmed its commitment to full regulatory compliance and continued cooperation with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), stating that its supply approach is aligned with ongoing efforts to ensure market stability and orderly downstream operations.
The refinery said it remains fully engaged with regulators and industry stakeholders in support of Nigeria’s national energy security objectives, as the country deepens its transition from fuel import dependence to domestic refining.
It expressed willingness to work closely with market participants to ensure that the benefits of local refining, including reliable supply, competitive pricing and improved market discipline are delivered consistently to consumers nationwide.
The statement added “With domestic refining capacity expanding, stakeholders believe Nigeria is increasingly positioned to reduce foreign exchange exposure, improve supply security and strengthen downstream efficiency through locally refined petroleum products”.
By: Lady Godknows Ogbulu
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