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On Thursday, February 8, 2018, the Executive Governor of Lagos State, Akinwunmi Ambode signed the Lagos State Electric Power Sector Reform bill into law (the "Law").

Lagos State is implementing a comprehensive electricity market reform through the newly established Lagos State Electricity Regulatory Commission (LASERC), with plans to launch 24/7 electricity franchise zones by October 2026. The initiative includes power purchase agreements with independent producers, AI-enabled metering systems, and a target of over 97% electricity availability by 2030, marking a significant shift from decades of unreliable power supply.

Renewable energy deals with power generation from hydro and gas-fired thermal power plants.

Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, had proudly announced the projects: NNPC Prime LNG, NGML/Gasnexus LNG, BUA LNG, Highland LNG and LNG Arete.

In exercise of the power of the Nigerian Upstream Petroleum Regulatory Commission (the "Commission") to review and approve commercial aspects of field development plans ("FDP") in upstream petroleum operations...

In the Joint Ministerial Monitoring Committee (JMMC) of OPEC and Non-OPEC Countries Meeting which held on 22nd September 2017 in Vienna, Austria, Nigeria was granted further exemption from oil production restrictions.

The PSC Amendment Act provides for stiff penal provisions with regards to its violation.

The Petroleum Industry Bill 2020 (PIB or the Bill) is an omnibus Bill, which seeks to "provide legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry...

International Renewable Energy Certificates (I-RECs) evolved on the premise that an underlying positive environmental attribute is attached to every one-megawatt hour (1MWh) of renewable energy...

Climate change is one of the most pressing issues as it threatens not only the health of our planet but also the future of generations to come.

The Nigerian government has introduced a directive aimed at significantly reducing the time and cost involved in securing contracts within the petroleum sector.

To facilitate the efficient hearing and determination of Nigerian Electricity Supply Industry (NESI) disputes, the Chief Judge of the Federal High Court of Nigeria, Hon. Justice John Tsoho...

Acting pursuant to the power conferred by Section 38 of the Value Added Tax Act ("VAT Act"), the Honourable Minister of Finance, Budget and National Planning ("Minister") on February 3, 2020, issued...

On Monday, November 14th, 2022, the Nigerian media was abuzz with news of the arrest and arraignment of the crew of the vessel MT Heroic Idun. This development came at a time when Nigeria...

In Nigeria, up to 8 million electricity customers do not have electricity meters but they consume electricity. What happens is that an electricity distribution company ("DisCo") estimates the amount...

Safety management is a vital constituent of the oil and gas industry. In the wake of the Macondo Incident which happened in the United States and Gulf of Mexico.

The Petroleum Industry Act, 2021 (PIA) provides a new fiscal and regulatory framework for Nigeria's petroleum industry. The PIA is a major milestone in a long history...