Energy
FG Commissions Gas Leak Detection Device, Printed Circuit Board Facility
The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday marked a breakthrough in the research and development landscape of the Nigerian oil and gas industry with the commissioning of Amal Technologies Gas Leak Detection Device and Printed Circuit Board Manufacturing Facility at Idu, Abuja.
The Corporate Communications Department of the NCDMB made the disclosure in a statement circulated electronically on Thursday.
According to the statement, the commissioning was performed by the Minister of Solid Minerals, Dele Aleke, the Minister of State for Youth Development, Ayodele Olawande and the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe.
Biztellers reports that the project was initiated by Amal Technologies Ltd, while the NCDMB backed it with financial and institutional support, under the leadership of the immediate past Executive Secretary, Engr. Simbi Kesiye Wabote.
Engr. Wabote spearheaded the Research and Development roadmap as a key element of Nigerian Content development in the oil and gas industry.
Minister of State for Petroleum Resources, Senator Heineken Lokpobiri described the commissioning as a significant landmark in Nigeria’s quest to promote a research culture through the nurturing of innovation-driven startup companies, adding that it represents a breakthrough in local manufacturing of electronic circuitry and devices.
Represented by the Director Upstream in the Ministry of Petroleum Resources, Engr. Kamoru Busari, the Minister noted that Amal Technologies was one of the proposals that have benefited from the NCDMB’s Research and Innovation intervention.
He indicated that the innovation adopted the Internet of Things (IOT) technology to introduce into the market a device that generates a short message system (SMS) and calls on the phones of homeowners in the event of a gas leak.
The facility equally has the capability for Printed Circuit Board (PCB) manufacturing, he added.
He expressed the view that the deployment of the gas leak detection device provided a significant safety tool that will accelerate the adoption of gas as a preferred source of energy for homes, transportation, and industry.
He further pointed out that the job creation potential of Amal Technologies is critical to the creation of a circular economy and aligns with Mr. President’s 8-point agenda for economic recovery.
In his keynote address, Engr. Ogbe stated that the smart gas leak detector research was just a proposal submitted to the Board in 2018.
He said, “the idea was nurtured through the NCDMB incubation process hosted in the Board’s Technology Innovation and Incubation Center (TIIC).
He affirmed that “the recurring menace of gas leaks and explosions leading to heavy losses in human lives, property damage, and pollution of the environment is the problem statement that the device seeks to address.”
According to the ES, Nigeria’s development priorities were trending towards gas-based industrialization with an exponential increase in gas utilization, hence it had become compelling to deploy safety and preventive tools such as the Amal smart gas leak detection to ensure the safety of lives and properties as citizens embrace gas usage.
Dwelling on PCB Manufacturing, the NCDMB’s new boss mentioned that electronics accounted for the largest online spending in Nigeria in 2022 and the Amal technology facility will provide the springboard for the replacement of imported PCBs with locally produced PCBs, in line with the Board’s vision to be the catalyst for the industrialization of the Nigerian economy and its linkage sectors.
“The facility will also generate employment opportunities, pay due taxes, and provide a critical platform for instrumentation and electronics-related Research and development,” he said.
On why the Board invested in Amal Technologies, he explained that NCDMB had developed a strategic roadmap and focussed on the establishment of dedicated funds to support Research, the inauguration of the Nigerian Content Research Council & Technical Advisory Board, and the establishment of Research centers of Excellence among others.
The need to focus on research commercialization, he added, is amplified in the NCDMB Technology Innovation and Incubation policy, which created the TIIC inside the Nigerian Content Towers Yenagoa.
The Chief Executive Officer of Amal Technologies, Shehu Tijani Abdullahi recalled how he secured the Board’s support for the project without having any prior relationship with any member of the agency’s management.
He averred that, “the NCDMB is not about having connections or knowing someone at the top. It is about a team of people that are dedicated to the success and progress of local content in Nigeria. Their firmness and dedication to local content continue to give me hope for the country of Nigeria.”
He noted that Amal Technologies had in three years, secured two patents and disrupted traditional approaches to research and development, expressing hope that with the full support of NCDMB, the company would make lasting contributions to various sectors of the economy, including oil and gas, power, agriculture, and beyond.
Beyond producing the Gas Detection device, the chief executive confirmed that the “facility has the capacity to produce over two million Advanced Smart Electric Meters— a significant contribution to the federal government’s National Mass Metering Program (NMMP). This initiative aligns with the company’s commitment to address the current challenges in electrical metering in Nigeria and supporting the government’s efforts to ensure a reliable and efficient power supply.”
He also stated that the facility holds immense potential for other sectors, including automobile manufacturing, medical advancements, telecommunications, agriculture, and more.
In his comments, the Director, Monitoring and Evaluation at the NCDMB, Abdulmalik Halilu remarked that the Board subjected the innovation to detailed regulatory processes and proof-of-concept checks before deciding to take equity in the project.
He mentioned that the business case showed that the facility had the potential to create over 400 jobs, from the conception to production stages and its annual turnover prospects is about N9.3bn. He confirmed that the project’s structure is sustainable and consistent, hinting that the Board soon would be unveiling similar innovations that it had incubated.
Energy
172 HCDTs Incorporated — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 172 Host Communities Development Trusts (HCDTs) have so far been incorporated by oil and gas companies operating across the country.
The chief executive, NUPRC, Oritsemeyiwa Eyesan, disclosed this while addressing the leadership of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) in Abuja.
Under the Petroleum Industry Act (PIA), oil and gas companies, referred to as settlors, are required to contribute three percent of their Operating Expenditure from the preceding financial year into a Host Communities Trust Fund for the benefit of communities where they operate.
Eyesan said the NUPRC had been enforcing the provisions of the Act, particularly those relating to host communities and the obligations of operating companies, and had put in place regulations and procedures to streamline the process.
“We have laid out procedures for doing things and we have put regulations in place to streamline the process. So far, we have registered 172 HCDTs and we have been able to manage contributions by settlors,” she said.
READ ALSO: Nigeria Beats 2026 Foreign Reserves Target, Hits $53.1b
She said the trusts had funded the construction of schools, hospitals and other infrastructure, and had contributed significantly to peace and stability in previously volatile communities, which in turn had led to an increase in oil production.
Eyesan, however, admitted that some of the HCDTs had become subjects of litigation over disagreements on the constitution of their Boards of Trustees. She said the Commission had been working to ensure the trusts run smoothly, and that its Alternative Dispute Resolution Centre had played a key role in addressing some of the grievances.
She said that while the RMAFC’s interest in host communities was appreciated, oversight of how the funds are managed remained the exclusive preserve of the NUPRC.
The NUPRC boss also promised to investigate the lingering disagreement between Sterling Oil Exploration and Energy Production Company (SEEPCO) and its host community in Anambra State.
Responding, the chairman of the RMAFC, Dr Mohammed Bello Shehu, commended the NUPRC for overseeing reforms in the oil and gas sector that had contributed to growth in production.
Shehu said the RMAFC regards the upstream oil and gas sector as important, given that it accounts for a large share of revenue accruing to the Federation Account.
He thanked the NUPRC leadership for honouring the RMAFC’s invitation and called for stronger collaboration between the two institutions in the interest of the country.
Energy
Domestic Refineries’ Crude Imports Skyrocket 151.5% in July — NMDPRA
Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that crude oil imports by domestic refineries rose by 151.5 percent to 5.13 million barrels in July 2026, from 2.04 million barrels in June.
In a related development, domestic crude supply to refineries fell sharply during the month.
According to the NMDPRA’s July 2026 Midstream and Downstream Statistics, local refineries received a total of 17.88 million barrels of crude in July, comprising 12.75 million barrels supplied domestically and 5.13 million barrels imported.
Imported crude therefore accounted for 28.7 percent of total crude receipts by domestic refineries in July, while domestic supplies contributed the remaining 71.3 percent.
The 5.13 million barrels imported in July represented a significant rebound from the 2.04 million barrels recorded in June. It was also higher than the 2.08 million barrels imported in May and 0.41 million barrels in April.
READ ALSO: Host Community Angry at FG’s Political Undertones on Kolmani Oilfield
However, July’s import volume remained below the 9.43 million barrels recorded in March, the highest monthly volume so far in 2026.
The data showed that crude imports stood at 0.71 million barrels in January before rising to 4.25 million barrels in February and peaking at 9.43 million barrels in March.
Imports subsequently plunged to 0.41 million barrels in April, before recovering to 2.08 million barrels in May, 2.04 million barrels in June and 5.13 million barrels in July.
The report also disclosed that domestic crude supply to refineries declined by 25.4 percent month-on-month, falling from 17.08 million barrels in June to 12.75 million barrels in July.
In January, domestic refineries received 8.83 million barrels of domestic crude and 0.71 million barrels of imported crude, bringing total receipts to 9.54 million barrels.
The figure rose to 13.13 million barrels in February, comprising 8.88 million barrels of domestic crude and 4.25 million barrels of imports.
March recorded the highest total crude receipts at 20.92 million barrels, with domestic supply contributing 11.49 million barrels and imports 9.43 million barrels.
Total receipts stood at 18.37 million barrels in April, made up of 17.96 million barrels of domestic crude and 0.41 million barrels of imports.
In May, refineries received 17.92 million barrels, comprising 15.84 million barrels of domestic crude and 2.08 million barrels of imports, while June recorded 19.12 million barrels, made up of 17.08 million barrels of domestic crude and 2.04 million barrels of imports.
Energy
Dangote Raises Petrol to N1,200/l Despite Crude Price Decline
Dangote Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective August 26, 2026.
In an official communication to customers issued on Tuesday, the refinery’s Group Commercial Operations announced revised depot prices for gantry and coastal deliveries.
The email, titled ‘PMS Price Change Communication (N1,185 per Litre To N1,200 Per Litre)’, asked customers to take note of the revised DPRP PMS gantry and coastal price, which is effective 26th August 2026.
READ ALSO: US Hails DPRP as Nigeria’s Petroleum Exports Surge Seven Times
According to the table contained in the notice, the coastal price rose from N1,562,265 per metric tonne to N1,582,380, while the gantry price increased from N1,185 to N1,200 per litre.
The refinery further directed customers to return all Authorisation to Collect documents for repricing, adding that a new volume contract would be issued for immediate loading resumption.
“You are advised to return all ATCs for repricing, and a new volume contract will be issued for immediate loading resumption. Should you require any further clarification, please do not hesitate to contact us,” the notice said.
The latest adjustment represents a N15 per litre increase in the gantry price and comes barely days after the refinery raised the price from N1,165 to N1,185 per litre. The previous increase took effect from midnight on August 21, 2026, according to industry trackers.
However, the latest hike comes against a backdrop of falling international crude oil prices. Data from oilprice.com on Tuesday showed West Texas Intermediate crude trading at $82.13 per barrel, down $2.88 or 3.39 per cent, while Brent crude stood at $88.37 per barrel, declining by $3.80 or 4.12 per cent. Murban crude also fell to $92.71 per barrel, shedding $8.73 or 8.61 per cent.
Our correspondent gathered that marketers and depot operators who received the circular might have begun returning existing ATCs for repricing in line with the refinery’s directive.
The N15 increase could result in higher pump prices as oil marketers factor in transportation, landing and other downstream costs. Petrol is expected to return to an average of N1,250 per litre.
The Dangote Group has yet to respond to messages from our correspondent.
The price increase comes at a time of renewed volatility in the international oil market amid the ongoing US-Iran conflict. Reuters reported that oil prices fell as investors viewed the latest US sanctions against Iran as less threatening to global oil supplies than a military escalation. However, analysts warned that the decline could be an overreaction, noting that prices could rise sharply if Iran retaliates militarily.
Reuters also reported that supply disruption risks remained, with only two commodity vessels transiting the Strait of Hormuz on Monday, the lowest daily tally since early May. The waterway handled about one-fifth of global oil consumption before the conflict began, leaving the market vulnerable to further disruptions.





