Oil & Energy
3,050MW Mambilla Hydropower, Our Priority Project -FG
The Federal Government says the 3,050 megawatts Mambilla Hydropower Project is a priority project that will not only accelerate the overall development of the nation but will provide jobs for citizens, especially the youth.
The Minister of Power, Mamman Kwagyang Saleh, stated this in a statement issued in Abuja, last Friday, by his Special Adviser on Media and Communication, Aaron Artimas.
The Minister said that President Muhammadu Buhari was passionate about the construction of the power plant in Taraba State.
He said, “Mr. President is irrevocably committed to the Mambilla Hydropower Project, as a matter of priority, for its potential multiplier effects on national development.
“And that was why he specifically mentioned the project in his budget speech and he is leaving no stone unturned in removing the bottlenecks that have bogged down the project and kept it at the drawing table for decades”.
Speaking further, Saleh said the President had demonstrated high commitment to the project going by the mutual agreement by parties to out-of-court settlement on the law suit at the International Arbitration Court.
He said, “Through the timely intervention of Mr. President, two committees were constituted, namely, Inter-Ministerial Steering Committee and Project Delivery Committee in January 2020.
“This has effectively resuscitated the project and provided the platform for the Ministry of Power to pursue timely delivery.”
The minister stated that within five months of putting the committees in place, the Ministry of Power had carried out the mapping and survey of the project site.
He said the ministry was now in the process of acquiring the land, adding that it had also brought together stakeholders on the project.
He said a Memorandum of Understanding had also been signed between the Ministry of Power and the government of Taraba State.
On insinuation that the project was not captured in the 2021 budget proposal, the statement said nothing could be farther from the truth.
“It is not correct to say that Mambilla Power Project, our flagship project, is not captured in the 2021 capital expenditure proposal. That is untrue,” the minister stated.
He explained, “The expenditure estimates for Mabilla is not only captured in the 2021 project; in fact, the ministry has written to the Ministry of Finance to specifically request for increase in the amount allocated for the project in order to meet the mandate of the President.
“A delegation from the Ministry of Power also visited the Ministry of Finance to make further case for increased budget allocation to the project.”
He said the project would not only provide about 40,000 direct and indirect jobs to Nigerians when completed, but would also be the largest power-generating installation in Nigeria, and one of the largest hydroelectric power stations in Africa.
Saleh said the power ministry made the Mambilla Hydropower Project its key priority all through the budgeting process leading to the 2021 national budget and the records would speak for that.
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.
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