Oil & Energy
Ex-Commissioner Urges Continued Oil Search In Chad Basin
A former Lagos State
Commissioner for Energy and Mineral Resources, Mr Taofiq Tijani, has urged the Federal Government to continue its search for oil in the Chad basin in spite of fruitless efforts that have gone into the exercise in the past.
Tijani said that there is the possibility that oil would be found on the Nigerian side of the Chad Basin as oil is being produced on Chad’s side of the basin. He was optimistic that there might be oil reserves in the Basin, adding that with the increasing advanced technology, the reserves could be unlocked one day.
“I support the Federal Government to go back to the Basin because I believe that whatever they must have done there in the past is not exhaustive. If they have found oil on the other side of Chad, there is the possibility that we will find oil in our own side too. The technology of exploration has improved,” he said, stressing that if we could apply the new technologies, oil might be found on Nigeria’s side of the Chad Basin.
The former commissioner also said if the Federal government wants the oil and gas sector in the country to be taken to the next level; it should make effort to pass the Petroleum Industry Bill (PIB).
“The passage will enable investors to bring in their money into the industry,” he said, noting that the lack of exploration for new oil fields over the years has been as a result of absence of encouraging legislation.
He said, “the Federal Government should quickly look at PIB that is on the table and possibly examine the areas that are in contention, see whether it can extract those areas and get the Bill passed. This is important because what the PIB will do is to rejuvenate the oil industry and encourage people to invest there.
There are some areas of the PIB that are in contention and that is why it has not been passed. If they can just leave that out and debate it later, it will help the industry. They can take those areas that are easy and not in contention, and pass it so that we can get investors to come and operate in the oil and gas industry.”
“Unless they put in money and invest and bring the entire industry back alive, I think we will just be losing ground,” he maintained.
Oil & Energy
FG Inaugurates National Energy Master Plan Implementation Committee
Oil & Energy
How Solar Canals Could Revolutionize the Water-Energy-Food Nexus
Oil & Energy
Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford