House committee calls for stronger crude-supply rules for local refineries
The committee said it was developing Petroleum Industry Act amendments and described import licences as a shortfall measure.
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The committee said it was developing Petroleum Industry Act amendments and described import licences as a shortfall measure.
The October 18 report describes a Senate motion prioritising completion, with narrow exceptions for emergencies and access needs.
The bill cleared the Senate and is due to go to the House of Representatives for concurrence before presidential assent.
The facility is expected to serve about 6,000 households and businesses in Gombe State.
The 2026–2036 roadmap targets a ₦750 trillion market, while the National Savings Scheme is intended to channel household savings into investment.
The Debt Management Office reported ₦1.22 trillion in market allotments, plus ₦800 billion in non-competitive allotments, across three reopened bonds.
The exchange group says the award recognised market infrastructure and digital innovation; its release also reported 2026 turnover and market-capitalisation figures.
FAAN reported completed concrete work and substantial progress on the canopy, framing and rails of a bridge linking Terminals 1 and 2. The December opening remains a target; rail assessments, design and procurement continue.
The Lagos corridor is the first area in a three-corridor electricity pilot. Officials described distribution-company offtake commitments and a joint technical committee, not 24-hour supply already achieved.
The October schedule lists 208 kWh for Dala Foods, service band C, and 221 kWh for Sharada Industrial, band A. Those monthly caps apply to specific feeder and non-MD service-band rows, not uniformly to every Kano customer.
The regulator’s Yola schedule assigns a 76 kWh cap to Gombi Town service band D and 121 kWh to Hong Town service band D. The figures are monthly energy caps, not electricity prices or measured consumption.
The state command said it would collaborate with LECAN to address substandard installations and unlicensed practice. The report describes a pledge and enforcement request, not a signed programme or measured safety result.
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