You Are Hereby Suspended

The Central Energy Fund (CEF) board, including its acting chief executive, chief financial officer and company secretary have been suspended by the Energy Minister Mmamoloko Kubayi after they were called to a meeting last Thursday regarding the controversial stock rotation issue. Read more here: http://www.msn.com/en-za/news/national/energy-minister-suspends-central-energy-fund-board-including-acting-ceo-and-cfo/ar-AApdZjo?li=BBqfP3n

Tired But Not Crashing Soon

‘Mont Belvieu’ international pricing model for LPG by the NLNG and lack of berthing space in Lagos are the reasons the President of the Nigerian Liquefied Petroleum Gas Association (NLPGA), Mr. Dayo Adeshina has cited on why the price of Liquefied Petroleum Gas (LPG), better known as cooking gas has not crashed to the expectations of Nigerians. Read more here: https://www.thisdaylive.com/index.php/2017/08/01/why-cooking-gas-price-has-not-crashed-in-nigeria/

Underserved

The World Bank on July 26 approved an International Development Association (IDA) credit equivalent to USD150 million to help fund delivery of modern energy services via off-grid solar in Kenya for a project tagged  “Off-grid Solar Access Project for Underserved Counties.” Read more here: http://microgridmedia.com/world-bank-spurs-kenya-off-grid-solar-expansion-150mm-ida-credit/

How Beautiful Thou Art

Ghana’s energy has been identified as one of the major sectors investors from the UK has found enticing at a 2-day trade and investment forum that showcased business opportunities in the West African country. Read more here: https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Ghana-s-railways-energy-sectors-entice-investors-at-UK-Ghana-forum-564791

Your Time Starts Now

Yesterday, the PAN-Niger Forum, PANDEF, the umbrella body of monarchs, leaders, and stakeholders of the coastal states of the Niger Delta region gave the Federal Government of Nigeria an ultimatum for November 1, 2017 to put in place a mechanism of addressing the 16 recommendations made by the body in their previous meeting with President Buhari on November 1st, 2016.  Read more here: http://www.vanguardngr.com/2017/08/n-deltall-pull-peace-talk-fg-nov-1-clark-pandef/ and here: http://www.herald.ng/restructuring-niger-delta-leaders-issue-deadline/