Energy
Sahara Power Group, Pan-Atlantic University Collaborate On Human Capital
The Sahara Power Group has signed a Memorandum of Understanding with the Pan-Atlantic University (PAU) to drive enhanced human capital in the power sector.
Biztellers reports that the parties would aim to achieve this through transformative engineering education and fostering collaboration across industries.
It was gathered that under the partnership the Sahara Power Group would be joining forces with the PAU’s School of Science and Technology for capacity building through shared knowledge driven by insights, experiences, and opportunities for exchange programs between the parties.
This is expected to shore up “empirical capacity and impact” required to make the power sector “innovative, adaptable and sustainable” across the value chain.
Describing the partnership as a unique example of “town-gown relations”, the Managing Director, Sahara Power Group, Dr. Anthony Youdeowei, said “This is the beginning of a very fruitful engagement between Sahara and PAU.
“We look forward to commencing this promising collaboration, first with Egbin Power Plc, Sahara’s Power Generation Company and then cascading to our other entities, Ikeja Electric and First Independent Power Limited. We are confident that this partnership will chart the roadmap towards transforming Nigeria’s power sector.”
Youdeowei added that Sahara Power remained committed to seeking out partnerships that would help drive its vision of “Creating Valuable and Sustainable Energy Solutions responsibly”.
According to Prof Christian Bolu, a Professor of Mechatronics Engineering, and the Head of the Department of Mechanical Engineering, PAU, the partnership will help PAU students to achieve an “outside perspective” and understand the importance of sustainable business practices in solving the real-life challenges of the power sector.
“This is definitely an opportunity for Pan-Atlantic University to not only benefit from the resources that the Sahara Power Group will provide in the collaborative partnership, but also, while it serves as a chance for us in the academia, with support from Sahara Power, to address challenges faced within the industry,” he said.
On the details of the agreement, Head, Talent Management, Sahara Power Group, Henry Ajibola, stated: “We are very confident that this collaboration between Sahara Power Group and Pan-Atlantic University is the step in the right direction. Having Sahara Power employees go to Pan-Atlantic University as adjunct lecturers means a transference of practical knowledge as well as experience.”
He further emphasized that these efforts will subsequently create a symbiotic relationship where academia and industry collaborate seamlessly for mutual benefit, ultimately contributing to the advancement of engineering education and practice in Nigeria.
On her part, Director, Alumni and Internship, Pan-Atlantic University, Nkiru Ukachukwu, said PAU was looking forward to the impact of the partnership on the expertise of PAU students, especially with regards to functional knowledge of how the sector operates and what is required to transform the power sector in Nigeria.
“With this collaboration we can already project a pipeline of young engineers that are future ready and equipped with the know-how to tackle Nigeria’s peculiar power challenges,” she stated.
Sahara Power Group has consistently advocated the need for the power sector in Africa to rethink its human capital profile to enable it address challenges, optimize emerging opportunities, drive generational knowledge transfer, and birth future solutions today through technology.
“This partnership, is one of the vehicles for keeping employees agile and adaptable to unfolding trends”, Head, Corporate Communications, Sahara Group, Bethel Obioma added.
Sahara Power Group operates Egbin Power, the largest thermal plant in sub-Saharan Africa, Ikeja Electric, Nigeria’s largest distribution company, and First Independent Power Limited (FIPL). Sahara Power, through these entities, contributes 17% (percent) of power generated and distributed in Nigeria, making it the nation’s foremost power company.
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.
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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.
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.
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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.
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.
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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.
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