#WealthCreation | Doowe Gas

The 6-Trillion Naira Shadow: Why Nigeria’s Grid is Starving for Gas

Nigeria’s gas-fired power plants are receiving less than half the fuel they need, worsening electricity supply in Africa’s most populous country, the grid manager said on Friday. The shortage is tied to mounting sector debt from government subsidies, which operators...

March 3, 2026

A SEISMIC SHIFT: President Orders Direct Remittance of Oil, Gas Revenues to Federation Account

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A SEISMIC SHIFT: President Orders Direct Remittance of Oil, Gas Revenues to Federation Account

A lot is set to change in the way and manner Nigeria’s oil and gas revenues are remitted and accounted for – and about time, too. Under the current framework, the country’s main energy parastatal, the Nigerian National Petroleum Corporation...

February 27, 2026

The Energy in the Room Was Electric! (Did You Miss It?)

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The Energy in the Room Was Electric! (Did You Miss It?)

The Federal Government has reaffirmed its commitment to leveraging its oil and gas endowments to drive industrialization, energy security, and economic growth, as the 9th Nigeria International Energy Summit (NIES 2026) concluded on Thursday, 5th February, 2026 in Abuja. Speaking...

February 25, 2026

Nigeria’s NNPC Reports $4.2 Billion After-Tax Profit as Output Averages 1.62 Million bpd in 2025

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Nigeria’s NNPC Reports $4.2 Billion After-Tax Profit as Output Averages 1.62 Million bpd in 2025

Nigerian National Petroleum Company Limited reported an after-tax profit of 5.760 trillion naira, equivalent to approximately $4.26 billion, for the 2025 financial year, as Africa’s largest oil producer maintained average crude and condensate output of 1.62 million barrels per day. The...

February 13, 2026

NNPC Says Nigeria needs $22bn for gas pipeline projects

Articles

NNPC Says Nigeria needs $22bn for gas pipeline projects

Nigeria may require up to $22bn in fresh investments to deliver planned gas pipeline infrastructure under the Nigerian National Petroleum Company Limited’s Gas Master Plan 2026, as the Federal Government intensifies efforts to unlock the country’s vast but underutilised gas...

February 9, 2026