Emerging Paradigm Shift in the Fuels Market and the Nigerian Economy

Jan 15, 2020

For more than a century, fossil fuels have accounted for a larger proportion of global energy supply sources. However, with increasing global environmental challenges, arising from increasing concentration of greenhouse gases (GHGs) associated with fossil fuels combustion, there has been a renewed emphasis on low- carbon intensive and environmentally- friendly energy sources, e.g. natural gas,…

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The role of gas in powering Africa’s future

Nov 23, 2019

It is well-known that Sub-Saharan Africa suffers from a lack of access to electricity. There are 22 African countries with proven gas reserves which suggests that gas should play an increasing role in meeting Sub-Saharan Africa’s demand for power: but is it that straightforward? There are 13 countries in Sub-Saharan Africa currently consuming gas for…

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Global Energy Transitions & Implications for the Nigerian Economy

Jul 25, 2019

For more than a century, fossil fuels have accounted for a larger proportion of global energy supply sources. However, with increasing global environmental challenges, arising from increasing concentration of greenhouse gases (GHGs) associated with fossil fuel combustion, there has been a renewed emphasis on low carbon intensive and environmentally- friendly energy sources, e.g. natural gas,…

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Emerging Hydrogen Energy World – Implications for Crude Oil Exporting Countries

Nov 26, 2018

Hydrogen has long been used across several industries, including the process for converting heavy petroleum extracts into lighter, exploitable forms of fuel. But the objective of turning hydrogen itself into a viable and clean energy source to power vehicles and heat houses is the potential game-changing solution that could lead the way toward a full…

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Transition From Fossil Fuel Powered Vehicles to Electric Cars: Future Outlook for OPEC Member States

Nov 13, 2018

In 2009, Margaret Atwood wrote a piece titled ‘The Future without Oil’ for a  German Newspaper, Die Zeit. In that famous article, she said “it’s not climate change, it’s everything change”. That piece which is as relevant today as ever, presents us a picture of a possible future of an earth when fossil fuel is…

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Securing the smart energy revolution in Africa

Oct 30, 2018

The potential of the Internet of Things (IOT) to make consumers’ lives more convenient is well-documented. One area in which it can deliver immediate benefits and significantly change how a household or company in Africa manages and keeps track of its energy use is smart metering. Rather than rely on estimated energy use to calculate…

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Reliable and Affordable Electricity for Nigeria: Growing the Minigrid Market

Oct 4, 2018

The vast majority of Nigerians today lack access to reliable and affordable electricity. From factories to schoolrooms, the power situation hampers development throughout Nigeria, especially in rural areas of the country. The Nigerian Economic Summit Group and RMI’s new report, Minigrid Investment Report: Scaling the Nigerian Market, discusses the opportunity for minigrid systems—stand-alone power generation and…

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On Economic Implications for Governance, Business, Development of Fluctuating Oil Revenues in Nigeria

Oct 4, 2018

Oil revenue has been and still is the mainstay of the national economy and is likely to remain so for a long time to come, as it currently provides the bulk of government revenue and most of the foreign exchange earnings. At present, crude oil exports account for about 90 percent of foreign exchange earnings…

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Emerging Rules for Gas Flaring in Nigeria

Aug 4, 2018

The government of Nigeria is in the process of updating the regulatory regime for the gas sector in a bid to end the scourge of gas flares in Nigeria’s oil and gas industry. Operators currently flaring gas must brace-up for a tighter regulatory regime, highlights of which are discussed in this publication. The existing regime…

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Quality Management and Solar Energy Development in Nigeria

Aug 4, 2018

Solar is an intrinsic part of the target energy mix for Nigeria. There are plans to generate 5000MW from this source by 2030. Climate change, energy security and an unmet energy demand are amongst the prominent factors propelling this charge. Its allure stems from utilisation of the ubiquitous sunlight, to the declining cost of solar…

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