• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 9, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria, Senegal Forge Energy Alliance to Tackle Africa’s Power Crisis

Nse Anthony-Uko by Nse Anthony-Uko
3 months ago
in Business
WhatsApp Image 2026 03 31 at 10.58.00 AM
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria is doubling down on its vision to becoming West Africa’s safest and most reliable energy supply hub, as high-level talks with Senegal signal a bold push for continental partnerships to combat energy poverty.

Minister of state for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known while hosting Senegal’s ambassador to Nigeria, His Excellency Nicolas Auguste Nyouky, and minister of Energy, Petroleum and Mines, Birame Soulèye Diop, in Abuja.

The discussions centered on securing crude oil supplies for Senegal’s Société Africaine de Raffinage (SAR) and charting broader collaborations to empower African nations against international oil giants.
Lokpobiri emphasised Nigeria’s pivotal role in Africa’s energy future.
“Nigeria is uniquely positioned by virtue of experience, history, and capacity to lead the African drive toward sustainable energy solutions,” Lokpobiri stated.

He highlighted how collective action could transform indigenous firms into global players: “Driving energy solutions collectively as a continent empowers indigenous companies to compete with International Oil Companies (IOCs) and evolve into IOCs themselves as they expand beyond national borders, ensuring greater in-country value retention.”

Ambassador Nyouky underscored the historic ties between the two nations. “It’s about the relationship that Senegal shares with Nigeria since a long time ago, and it covers business relationship as well as political relationship.

The Senegalese delegation praised Nigeria’s progress under President Bola Tinubu’s mandate. Minister Diop noted, “We have to thank your ministry and President Bola Ahmed Tinubu, for the mandate that he gave to the ministry and the NNPC in particular, to ensure that production is ramped up. We have seen a steady growth and steady increase in that.”

RELATED NEWS

Global PC Market Shipments Drop 4.9% As Chip Shortage Threatens AI Boom

Nigeria’s Digital Economy Gets Boost As Firms Partner To Strengthen Cloud, Cybersecurity

Capital Market Reforms Earn Global Recognition With S&P Upgrade List Inclusion  

We are here to discuss with you about the possibility of securing the supply that Société Africaine de Raffinage (SAR) has already had with the Nigerian counterparts.”

Lokpobiri detailed Nigeria’s transformative reforms amid oil sector challenges. “When I became minister, the rigs actively working in Nigeria were maybe about 10. Today we are having over 60 rigs actively working,” he revealed, pointing to surging interest from global refineries in India, Spain, and Venezuela.
These investments aim to boost production, enabling sustainable crude supplies to neighbors rather than distant Western markets. “Instead of us to sell our crude to those in the West, we better sell to our African brothers who are going to refine it and then ensure that there’s energy security within the continent,” he added.

The minister stressed collaboration as key to Africa’s self-reliance. “The problems of energy poverty in Africa can’t be solved by one country alone… Nobody will solve our problems except Africans,” he said. Nigeria committed to sharing expertise, building local capacity, and partnering with Senegal to create a reliable supply corridor across West Africa and beyond.
This meeting aligns with Nigeria’s aggressive production upscaling and reform agenda, positioning the country to meet domestic needs while exporting to regional allies.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

OTHER NEWS UPDATES

Global PC Market Shipments Drop 4.9% As Chip Shortage Threatens AI Boom
Business

Global PC Market Shipments Drop 4.9% As Chip Shortage Threatens AI Boom

11 minutes ago
Nigeria’s Digital Economy Gets Boost As Firms Partner To Strengthen Cloud, Cybersecurity
Business

Nigeria’s Digital Economy Gets Boost As Firms Partner To Strengthen Cloud, Cybersecurity

4 hours ago
FTSE Russell Delays Nigeria’s Frontier Market Upgrade Over T+1 Settlement Shrift
Business

Capital Market Reforms Earn Global Recognition With S&P Upgrade List Inclusion  

4 hours ago
Next Post
PICTORIAL: Military Seizes 2 Trucks, Arrests 16 Terrorist Logistics Suppliers In Borno

Truck Accident Claims 9-yr-old Girl In Ondo

Advertisement

LATEST UPDATE

Global PC Market Shipments Drop 4.9% As Chip Shortage Threatens AI Boom

11 minutes ago

Senate Passes Bill To Establish Agency For Management Of Recovered Assets

29 minutes ago

We Raised FCT Monthly IGR To Over N40bn In 3 Years – Wike

45 minutes ago

Senate Approves N404.07bn Nigeria Police Trust Fund Budgets For 2025, 2026

59 minutes ago

NHRC Raises Alarm As Rights Abuse Complaints Hit 326,113 In 1 Month 

1 hour ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.