Energy
Research Imperatives: NCDMB Hosts Oil Industry Players, Academia
Top Oil and Gas Industry stakeholders are together with leading academics in three-day Research and Development (R&D) workshop on with special focus on needs-driven research, deepening collaboration and linkages.
The zonal workshop, which commenced on Tuesday, sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) is holding at the Niger Delta University (NDU), Amassoma.
The Corporate Communications Department of the NCDMB made the disclosure in a statement on Wednesday.
Biztellers reports that the workshop provides a forum for discussions and demonstration of research breakthroughs on software and hardware as they relate to oil and gas industry needs, bioremediation and related oil field chemicals solutions, including additives and drilling fluids, and renewable solutions to meet industry needs.
Scheduled to be hosted in the six geopolitical zones of the country by NCDMB Centres of Excellence in six universities, the workshop is also intended to enhance capacity building of research directors and lecturers, particularly in writing and reading compelling research proposals.
In a keynote address at the Workshop, the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, said the Board was empowered by Sections 36-39 and 70 (m) of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, to “coordinate and superintend over research and development towards the further attainment of the goal of developing Nigerian content in the Nigerian oil and gas industry.”
According to him, “critical gaps hampering the research climate in our sector,” notably, “lack of research infrastructure, funding and weak commercial frameworks,” had been identified in the Board’s 10-Year Strategic Road Map, which had been developed in 2017. Appropriate measures to close such gaps were also identified.
He noted that “the establishment of Research Centres of Excellence in the six geopolitical zones of the country and establishment of the R&D Fund to stimulate research in the oil and gas sector” were some of the measures recommended to remedy the identified gaps. The Nigerian Content Research and Development Fund,” he explained, was launched by the Board in 2021 “with an initial seed capital of $50 million.”
Highlighting a major success in research-related endeavours of the NCDMB, Engr. Ogbe said the actualization of the commissioning of the Amal Technology Printed Circuit 2 Board Manufacturing Facility in Abuja was a result of research commercialisation, “amplified in the NCDMB Technology Innovation and Incubation policy which created the Technology Innovation and Incubation Centre inside the Nigerian Content Towers at Yenagoa, Bayelsa State.
The ES was represented by the Director of Planning, Research and Statistics, NCDMB, Mr Isaac Yalah, and he pointed out that the Board created six research centres of excellence hosted by tertiary institutions in different geopolitical zones.
These are NDU, which hosts a Centre of Excellence for Engineering Studies; Federal University of Technology (FUT), Akure; FUT, Owerri, and FUT, Minna, with Centres of Excellence in Geology and Geophysical Studies, Local Raw Materials Substitution, and Technology Development, Studies, respectively. Modibbo Adama University of Technology, Yola, hosts Safety and Environment Studies, while Usman Dan Fodio University, Sokoto, hosts Renewable Energy.
In setting the context of the event, NCDMB’s Director of Planning, Research and Statistics, Mr Isaac Yalah, described the Workshop as “a journey towards fostering collaboration and linkage between industry, academia and government,” which he noted are critical to the nation’s quest for economic development.
He said it is important to address the challenge, “How do we bring industry experts to enhance learning in universities?” noting that training and manpower development would be greatly boosted through such an approach. He recalled his own experience in South Korea in the past, where he observed that students in tertiary institutions were focused on solving industry problems.
According to him, with such an orientation, “Together, we [industry, academia and government] can unlock new frontiers of development.”
In Welcome Remarks, the Vice Chancellor, NDU, Prof Allen Aziba-Odumosu Agih, represented by the Deputy Vice Chancellor (Administration), Prof Jonah Akekere, expressed the joy of the institution’s Management in playing host to participants, while commending the NCDMB for its initiatives in human capital development.
He said the University greatly appreciates the Centre of Excellence status it enjoys as well as the partnership that has been fostered by the Board over the years.
He cited computers donated to the university by the NCDMB to aid Information and Communication Technology (ICT) and digital penetration in the university community and its environs.
In a charge to all stakeholders, Prof Akekere declared: “Let the output of resource persons [at the Workshop] be sold to industry.”
Earlier in a programme overview, the Managing Director, Wider Perspectives Ltd., facilitators of the event, Mrs. Edughom Hanson, said interactions between oil and gas industry players, academics and policy-makers are vital for the successes the country seeks in national development.
She noted that, among other objectives, the Workshop seeks to build the capacity of research directors and lecturers in writing and reading compelling research proposals.
“There are a lot of opportunities, a lot of grants that can be accessed out there for research purposes,” she stated, adding, “But the way you write the proposals matter.”
Presentations at the Technical Sessions include “Innovation on Software Development: Success Factors, Constraints and Look Ahead”; “Innovation on Hardware Development: Success Factors, Constraints, and Look Ahead”; “Innovations on Oil Field Chemical
Development: Success Factors, Constraints, and Look Ahead,” and “Available Funding on Research and Development: Impact and Accessibility.”
Resource persons are Mr ThankGod Egbe, Managing Director, CypherCrescent, Dr Keluo Chukwuogu, Founder/CEO, Boskel Nigeria Ltd.; Jonathan Amarachi Njoku, Manager, Planning, Research and Statistics, NCDMB; Prof Joel Ogbonna, Commissioner for Petroleum Resources, Abia State; Mr Pacqueens Irabor, Manager South, Bank of Industry; Prof Yelebe Zekieni Robert, Director, NCDMB Centre of Excellence, NDU; Silas Omomehin Ajimijaye, General Manager, Research, Statistics & Development, NCDMB, and Prof (Mrs) Iheoma M. Adekunle, Director, Consultancy and Institutional Advancement, Federal University, Otuoke.
Energy
NMDPRA Shares July Domestic Cooking Gas Supply Details
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has credited the NLNG/SEPNU with leading the rise in Nigeria’s domestic cooking gas supply, which peaked at 5,332 tonnes per day in July 2026.
The NMDPRA’s July 2026 midstream and downstream statistics showed that total liquefied petroleum gas supply increased from 5,100 tonnes per day in June to 5,332 tonnes per day in July.
The NLNG/SEPNU supplied 2,031 tonnes per day through vessels, representing about 38 per cent of the total supply during the month.
Other processing plants supplied 1,513 tonnes per day through trucks, while the Dangote Petroleum Refinery and Petrochemicals (DPRP) supplied 829 tonnes per day.
Imports accounted for 959 tonnes per day.
The figures showed that domestic sources supplied 4,373 tonnes per day, representing about 82 percent of the total LPG supply in July, while imports accounted for the remaining 18 percent.
The July supply level was the highest recorded in the 13-month period covered by the NMDPRA data.
LPG supply stood at 4,500 tonnes per day in July 2025 before rising to 5,000 tonnes in August and declining to 3,900 tonnes in September last year.
READ ALSO: OB3 Pipeline Set for First Gas, AKK Hits 95% – NNPC Ltd
It subsequently increased to 4,500 tonnes in October, 5,000 tonnes in November and 5,200 tonnes in December.
In January 2026, supply stood at 5,100 tonnes per day before falling to 4,700 tonnes in February and March, 4,500 tonnes in April and 4,100 tonnes in May.
The supply level then rose to 5,100 tonnes per day in June before reaching 5,332 tonnes in July.
The latest figures indicate a continued strengthening of domestic LPG supply, with local sources now accounting for the bulk of the cooking gas available in the country.
However, our correspondent reports that LPG prices have yet to fall below the N1,000 per kilogramme level after the sudden surge in May.
Though prices have plunged from a high of N2,400/kg to between N1,300 and N1,600, depending on location.
The NLNG recently accused some marketers of contributing to the sharp rise in the price of cooking gas by buying liquefied petroleum gas from the company at prices between N800 and N900 per kilogramme and selling it for as much as N2,400/kg in the retail market.
The Managing Director and Chief Executive Officer of NLNG, Adeleye Falade, disclosed this during a recent media briefing in Lagos, where he attributed the price spike to supply shortages, artificial scarcity and distortions in the distribution chain rather than the company’s pricing.
According to him, when the retail price of LPG climbed to N2,400/kg, the NLNG was selling the product to buyers at between N800 and N900/kg. He said the price was supposed to be in the range of N1,000 to N1,200, going by the recommendation of the NMDPRA.
“When the product was being sold at N2,400 in the market, guess how much they (marketers) were lifting it from us? It was between N800 and N900 per kg. And NMDPRA recommended that by the time you put in transportation costs and all other things, it shouldn’t be selling more than N1,000, N1,100 or N1,200. So, there’s also some distortion that happened on the sales side, which I know the regulators are working on right now to get control of it,” he stated.
Energy
US-Iran Conflict Sees Oil Exceed $94
On Tuesday, renewed escalation of the conflict between the United States and Iran pressured oil prices to over $94/barrel.
Current hostilities which witnessed American air strikes on Iranian targets and triggered global concerns of disruption to crude supplies through the Strait of Hormuz.
READ ALSO: NLC Decries Lax in Nigeria’s Oil Sector, Inadequate Support for Local Refineries
Brent crude rose $4.06, or 4.49 percent, to $94.55 a barrel, while West Texas Intermediate gained $4.44, or 5.18 percent, to $90.20 a barrel. Murban crude also surged by $7.19, or 7.30 percent, to $105.60 a barrel, according to Oilprice.com.
The rally followed the United States’ fresh strikes on Iran, with Washington saying its forces had targeted the Islamic Revolutionary Guard Corps IRGC).
“Today (Tuesday) at 12 p.m. ET (1600 GMT), US forces began striking Islamic Revolutionary Guard Corps targets in Iran.
“The strikes follow recent attempted attacks by the IRGC against commercial shipping in the Strait of Hormuz and against American service members deployed to the region,” the US Central Command said.
The latest attacks have raised fresh concerns about the security around the Strait of Hormuz, a critical route for global oil supplies. Oil prices had already risen following the exchange of attacks between the two countries over the weekend, while reports of attacks on tankers further fuelled supply concerns.
Reuters reported that two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while travelling outbound through the Strait of Hormuz late on Monday, according to shipping intelligence and tracking firms.
Following the reports, Brent crude futures, which were already up about two percent, jumped by almost another two percent.
Iran has also threatened to prevent oil exports from the Gulf if the US continues its attacks. “If the enemy wants us not to export oil from the Persian Gulf, no one will be able to export oil,” Iranian Parliament Speaker Mohammad Baqer Qalibaf was quoted as saying by Iranian media.
The renewed confrontation has heightened fears that the six-month-old conflict could escalate into a wider war and threaten crude supplies from the oil-rich Gulf region.
The conflict had previously shifted towards sanctions, blockades and economic pressure, but the latest exchange of attacks has raised concerns about a return to sustained military confrontation.
US President Donald Trump warned Iran that it would face a stronger response if it retaliated against the latest American strikes.The US strikes came after Iranian missiles were fired at two US air bases in Jordan in response to an earlier American attack on Iran’s Larak Island.
The latest escalation also coincided with plans by Washington to impose additional economic sanctions on Tehran. US Treasury Secretary Scott Bessent said bank sanctions against Iran were likely to be announced this week and next, while warning that Washington would also target other entities doing business with the Islamic Revolutionary Guard Corps.
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.





