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Downstream deregulation delivers N6trn gain in 9 months — NMDPRA

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Nigeria may have recorded an estimated N6 trillion gain from reforms in the downstream petroleum sector within the first nine months of 2025.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this at the ongoing Nigerian International Energy Summit (NIES) in Abuja, noting that decades of heavy petroleum product importation had imposed significant economic losses on the country.

Speaking at the summit, the agency’s Chief Executive, Engr. Saidu Mohammed, said the government is prioritising domestic refining and working towards sourcing 100 per cent of Nigeria’s petroleum product needs locally.

“For decades, the downstream sector has been associated with negatives — inadequate infrastructure and suboptimal supply chains. That narrative is changing. The downstream is becoming more market-driven and is gradually attaining the stability required to attract investment,” Mohammed said. He attributed the N6 trillion gains to the cumulative impact of full downstream deregulation, increased gas utilisation and the sale of petroleum products in naira.

He stated: “In just nine months of 2025, Nigeria has gained about N6 trillion by reducing losses previously incurred through importation.”

He added that the reforms have helped conserve foreign exchange and reposition the energy sector as a net contributor to foreign exchange earnings rather than a drain on national reserves.

The NMDPRA chief also highlighted the growing role of natural gas in Nigeria’s energy transition, describing the gas sector as an emerging pillar of domestic energy supply and regional exports.

Under the Federal Government’s Decade of Gas initiative, he said policies are being implemented to build infrastructure, stimulate demand and create a commercially driven gas market capable of attracting investment across the value chain.

“What we need is to add value to the gas we have, not just transport or export it raw. Nigeria should be a hub for refined gas products. There is no reason we should not be exporting urea, ammonia and fertilisers,” he stated.

Mohammed stressed that effective regulation remains central to sustaining investor confidence, noting that project viability must be established before permits are issued.

“We cannot approve projects for approval’s sake. Every project – even a retail filling station – must align with Nigeria’s strategic energy and economic planning,” he said.

According to him, the downstream revival cannot be funded by public resources alone, adding that inefficient product transportation methods must give way to modern pipeline-based distribution anchored around refinery hubs.

“That is why we are developing a strategy where pipelines originate from refinery hubs such as Dangote, Port Harcourt and others. This will replace ageing infrastructure and realign flow directions where old corridors are no longer viable,” he added.

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League of Imams and Alfas in Yoruba says Ramadan begins February 18

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The League of Imams and Alfas in Yorubaland has officially announced that the holy month of Ramadan 1447 AH will begin on Wednesday, February 18, 2026, marking the start of the annual period of fasting, prayer, and spiritual reflection for Muslims across Southwest Nigeria.

In a communique released following a meeting in Bodija, Ibadan, on Thursday, February 5, 2026, the Grand Mufti of Yorubaland, Sheikh AbdulRasaq AbdulAzeez Ishola, declared the decision based on precise astronomical calculations and longstanding international Islamic resolutions on unifying the Hijri calendar.

The statement highlighted that the astronomical conjunction (new moon) for Ramadan will occur at 12:01 PM UTC on Tuesday, February 17, 2026—corresponding to 1:01 PM local Nigerian time—on the 29th of Sha’ban 1447 AH. This timing makes sighting the crescent moon impossible on the evening of February 17, confirming Wednesday, February 18, as the first day of fasting.

The announcement draws on key historical precedents, including resolutions from the Unified Hijri Calendar Committee session in Istanbul (November 27-30, 1978), the International Fiqh Council, scholarly symposia in Paris (2012), and the major International Conference on the Unification of the Hijri Calendar in Istanbul (2016), attended by representatives from over 90 countries.

Emphasising unity, the communique quoted the Qur’an (3:103): “And hold firmly to the rope of Allah all together and do not become divided.” It urged Muslims to strengthen brotherhood, perfect their fasting, prayers, charity, and good deeds, and seek Allah’s acceptance of their worship during the blessed month.

The declaration aligns with several Nigerian media reports and astronomical expectations for the region, where Ramadan 2026 is widely anticipated to commence on February 18 (with Tarawih prayers potentially beginning the evening before). While national moon-sighting efforts led by the Sultan of Sokoto continue, the League’s methodology—combining science and established fiqh principles—provides clarity for Yoruba Muslim communities in states like Oyo, Lagos, Ogun, Osun, Ondo, and Ekiti.

As the current date stands on February 6, 2026, preparations are intensifying: markets are stocking dates, prayer mats, and provisions; mosques are scheduling increased Taraweeh recitations; and families are renewing intentions for a month of mercy, forgiveness, and community support.

The League called on all Muslims to hold fast to faith and unity, praying that Allah makes this Ramadan a source of immense blessings. Insha Allah, the fast begins in just 12 days.

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Lagos to enforce mandatory waste sorting at source

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In a bold move to revolutionize waste management and harness the economic potential hidden in trash, the Lagos State Government has announced plans to make waste sorting at source compulsory for all residents and businesses.

This development was revealed by Dr. Muyiwa Gbadegesin, the Managing Director and Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), during his appearance on “The Conversation,” a popular programme aired on Lagos Television (LTV) on Tuesday.

Dr. Gbadegesin emphasized that the initiative aligns with international best practices and will be reinforced by an ongoing review of the state’s legal framework. This review aims to establish robust regulations mandating the separation of waste right at the point of generation, transforming how Lagosians handle their refuse.

“No longer will waste be seen merely as a burden to dispose of; instead, it will be viewed as a valuable economic resource,” Dr. Gbadegesin stated. He highlighted the state’s commitment to advancing its waste-to-wealth agenda, with a strong focus on recycling and material recovery to drive a more efficient and sustainable system.

The policy shift supports Governor Babajide Sanwo-Olu’s vision of moving away from reliance on landfills towards a model centered on recovery and recycling. This is expected to ease the strain on existing landfills, foster circular economy principles, and attract private investments into recycling facilities across the state.

To bolster service delivery, the government is exploring ways to aid Private Sector Participation (PSP) operators, including facilitating access to new compactor trucks. Recognizing the high capital demands of waste collection, this support is crucial for enhancing operational efficiency.

On the flip side, Dr. Gbadegesin warned of strict accountability measures. He disclosed that 22 underperforming PSP operators face sanctions after multiple warnings and performance evaluations. This comes on the heels of last year’s action where 27 operators were sacked for failing to meet standards.

As earlier reported by NaijaChoice News, LAWMA has been pushing for better waste practices, including calls for residents to avoid littering and adopt disciplined habits to keep Lagos clean. Dr. Gbadegesin reiterated that the success of this mandatory sorting hinges on effective regulations, upgraded infrastructure, active private sector involvement, and, most importantly, responsible behavior from citizens.

“Waste sorting at source is the cornerstone of building a cleaner, healthier, and more resilient Lagos,” he added, urging Lagosians to embrace the change for the greater good.

Environmental experts have lauded the move, noting that proper waste segregation could significantly reduce environmental pollution, create jobs in the recycling sector, and contribute to Nigeria’s broader sustainability goals. With Lagos generating over 13,000 tons of waste daily, this policy could set a precedent for other states in the federation.

The Lagos State Government, through hashtags like #AGreaterLagosRising, continues to promote initiatives that enhance urban living and economic growth.

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