Nigeria Looks to Double Energy Investment Within Five Years
Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said on Thursday, as nations seek partners they can "trust" after supply disruptions from the wars in Iran and Ukraine.Speaking during a visit to Abuja, Birol told Reuters that Nigeria's admission as an associate member of the Paris-based energy watchdog would help attract investment, deepen technical cooperation and give Africa's largest oil producer a stronger voice in global energy policy discussions."My goal is…
US Lifts Conditions of Entry Restrictions for Nigerian Vessels
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.The restrictions, known as Conditions of Entry (CoE), were introduced by the U.S. Coast Guard in June 2014 and required vessels bound for the United States that had recently called at certain Nigerian ports to comply with additional security measures and undergo enhanced scrutiny before entering U.S.
Lloyd’s Register Announces Nigerian Future Navigators Schools Program Pilot
Lloyd’s Register (LR) is launching its Future Navigators Schools Programme pilot in Lagos, Nigeria, aimed at inspiring young people to explore maritime and STEM (Science, Technology, Engineering and Mathematics) careers through in-person interactive workshops and a bespoke mobile game. The pilot program engaged students more than 270 young people, aged 14–16 across three schools in Lagos, combining in-person learning with digital tools designed to make maritime and STEM subjects more accessible, relevant and engaging for younger audiences.
Nigeria, Morocco to Sign Atlantic Gas Pipeline Deal in Q4 2026
Nigeria and Morocco expect to sign an intergovernmental agreement in the fourth quarter of 2026 to advance a major Atlantic coast gas pipeline project, Nigeria's foreign ministry said.The planned agreement, to be signed by Nigerian President Bola Tinubu and Morocco's King Mohammed VI, follows preliminary technical studies on the Nigeria-Morocco Gas Pipeline, also known as the African Atlantic Gas Pipeline.The development was discussed during a telephone call last Friday between Nigeria's Foreign Minister Bianca Odumegwu-Ojukwu and her Moroccan counterpart Nasser Bourita, the ministry said in a
US Coast Guard Continues to Provide Technical Support for Nigeria Port Security Compliance
The Nigerian Maritime Administration and Safety Agency, NIMASA has reaffirmed its commitment to strengthening port security in line with international standards, as the United States Coast Guard (USCG) continues to provide technical support for improved compliance with provisions of the International Ships and Ports Facility Security (ISPS) Code.A delegation from the USCG, led by the Chief of International Port Security Operations, Mr. Bryan Ullmer, was in Nigeria on a five-day assessment visit to key port facilities in Lagos…
Nigeria, Morocco to Sign $25b Gas Pipeline Agreement
An intergovernmental agreement (IGA) on a planned $25 billion Nigeria-Morocco gas pipeline will be signed this year, the head of Morocco's hydrocarbons and mining agency (ONHYM) said.Agreed a decade ago, the project - known as the African Atlantic Gas Pipeline - would run 6,900 km on a hybrid offshore-onshore route with a maximum capacity of 30 billion cubic metres (bcm), including 15 bcm to supply Morocco and support exports to Europe, ONHYM's Amina Benkhadra told Reuters by email.The pipeline, which has the backing of the Economic Community of West African States (ECOWAS), has completed its
Nigerian President Lifts Emergency Rule, Resuming Crude Exports
Nigerian President Bola Tinubu on Wednesday lifted a six-month emergency rule in Rivers State, reinstating Governor Siminalayi Fubara and other officials, after saying that a constitutional crisis that had paralysed governance had been resolved.The emergency rule, imposed on March 18, followed a standoff between Fubara and the state legislature that disrupted budget approvals and left the government in limbo. Tinubu said the measure was necessary to prevent anarchy.Rivers State, located in the oil-producing Niger Delta, is an important hub for Nigeria's crude exports.