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<title>Probitas Report &#45; News Magazine &#45; : Energy, Commodities, &amp;amp; Metals</title>
<link>https://probitasreport.com/rss/category/energy-commodities-metals</link>
<description>Probitas Report &#45; News Magazine &#45; : Energy, Commodities, &amp;amp; Metals</description>
<dc:language>en</dc:language>
<dc:rights>Copyright 2026 Probitas Report &#45; All Rights Reserved.</dc:rights>

<item>
<title>Power, Productivity, and Profitability: How Nigeria’s Energy Deficit Constrains Industrial Growth</title>
<link>https://probitasreport.com/power-productivity-and-profitability-how-nigerias-energy-deficit-constrains-industrial-growth</link>
<guid>https://probitasreport.com/power-productivity-and-profitability-how-nigerias-energy-deficit-constrains-industrial-growth</guid>
<description><![CDATA[ Explore how Nigeria’s energy deficit impacts industrial productivity, increases operational costs, and limits profitability, while highlighting solutions for sustainable power and economic growth. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202604/image_870x580_69d0fc475fa6e.jpg" length="163083" type="image/jpeg"/>
<pubDate>Thu, 02 Apr 2026 13:24:39 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>manufacturing Nigeria, SMEs power cost Nigeria, renewable energy Nigeria, power and productivity, business profitability Nigeria, energy policy Nigeria, industrial development Nigeria, electricity supply Nigeria, energy infrastructure Nigeria, Lagos industry power</media:keywords>
</item>

<item>
<title>President Tinubu Establishes Task Force on Presidential Petroleum Reform and Value Optimisation</title>
<link>https://probitasreport.com/president-tinubu-establishes-task-force-on-presidential-petroleum-reform-and-value-optimisation</link>
<guid>https://probitasreport.com/president-tinubu-establishes-task-force-on-presidential-petroleum-reform-and-value-optimisation</guid>
<description><![CDATA[ President Tinubu inaugurates a presidential task force on petroleum reform and value optimisation to strengthen governance, efficiency and revenue in Nigeria’s oil sector. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202603/image_870x580_69b49c8944e5c.jpg" length="59394" type="image/jpeg"/>
<pubDate>Sat, 14 Mar 2026 00:29:19 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>President Tinubu petroleum reform  presidential petroleum reform task force  Nigeria oil and gas value optimisation  Tinubu energy sector reforms  petroleum governance Nigeria  oil sector task force Nigeria  Nigerian petroleum industry policy  value optimisation in oil sector  energy reform agenda Tinubu  petroleum reform committee Nigeria</media:keywords>
</item>

<item>
<title>$217 Billion Extraction: How Africa Ships Raw Wealth While Europe and Asia Capture the Profits</title>
<link>https://probitasreport.com/217-billion-extraction-how-africa-ships-raw-wealth-while-europe-and-asia-capture-the-profits</link>
<guid>https://probitasreport.com/217-billion-extraction-how-africa-ships-raw-wealth-while-europe-and-asia-capture-the-profits</guid>
<description><![CDATA[ Explore the $217 billion annual extraction of Africa’s raw resources, revealing how European and Asian nations profit from the continent’s wealth while African economies remain undercompensated, and understand the systemic factors driving this resource exploitation. ]]></description>
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<pubDate>Thu, 12 Mar 2026 14:43:09 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>extraction, Africa Europe Asia trade, African economy, wealth drain, natural resources Africa, economic colonization, Africa trade imbalance, Africa development challenges, resource governance, Africa exports, global trade inequity</media:keywords>
</item>

<item>
<title>President Tinubu Oversees OPL 245 Settlement, Unlocks Major Deepwater Investment</title>
<link>https://probitasreport.com/president-tinubu-oversees-opl-245-settlement-unlocks-major-deepwater-investment</link>
<guid>https://probitasreport.com/president-tinubu-oversees-opl-245-settlement-unlocks-major-deepwater-investment</guid>
<description><![CDATA[ President Bola Tinubu supervises the historic resolution of the OPL 245 dispute, paving the way for significant deepwater oil investments and boosting Nigeria’s energy sector growth. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202603/image_870x580_69ab62d524598.jpg" length="92984" type="image/jpeg"/>
<pubDate>Thu, 05 Mar 2026 00:24:43 +0100</pubDate>
<dc:creator>ProbitasReport</dc:creator>
<media:keywords>Tinubu, OPL 245, deepwater oil, Nigeria oil investment, energy sector, oil dispute resolution, Nigerian government, offshore oil, petroleum industry, historic settlement</media:keywords>
</item>

<item>
<title>Tinubu’s Direct Remittance Order: What It Means for Nigeria’s Oil and Gas Industry</title>
<link>https://probitasreport.com/tinubus-direct-remittance-order-what-it-means-for-nigerias-oil-and-gas-industry</link>
<guid>https://probitasreport.com/tinubus-direct-remittance-order-what-it-means-for-nigerias-oil-and-gas-industry</guid>
<description><![CDATA[ Nigeria’s new directive mandating direct remittance of oil revenues signals sweeping reforms, tighter fiscal control, and a potential transformation of transparency, partnerships, and profitability in the petroleum sector. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202602/image_870x580_699b6342dc0ba.jpg" length="139608" type="image/jpeg"/>
<pubDate>Sun, 22 Feb 2026 21:22:19 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Nigeria oil sector reform, Tinubu oil revenue policy, direct remittance Nigeria, NNPC reforms, petroleum industry transparency, Nigeria energy policy 2026, Dangote refinery partnership, oil revenue audit Nigeria, Federation Account oil funds, Nigerian petroleum governance</media:keywords>
</item>

<item>
<title>Dangote Refinery Partners with Honeywell to Drive 1.4 Million BPD Expansion</title>
<link>https://probitasreport.com/dangote-refinery-partners-with-honeywell-to-drive-14-million-bpd-expansion</link>
<guid>https://probitasreport.com/dangote-refinery-partners-with-honeywell-to-drive-14-million-bpd-expansion</guid>
<description><![CDATA[ Dangote Refinery secures Honeywell’s Oleflex technology to support its targeted expansion toward 1.4 million barrels per day. The move strengthens Nigeria’s refining capacity, boosts polypropylene output, and positions the facility for deeper global market influence. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900f57ae5a8c.jpg" length="229693" type="image/jpeg"/>
<pubDate>Tue, 25 Nov 2025 12:28:49 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Dangote Refinery, Honeywell Oleflex, Nigeria oil sector, crude processing expansion, polypropylene production, refinery capacity upgrade, 1.4 million barrels per day, African energy industry, petroleum refining, oil and gas investment, Dangote expansion plans</media:keywords>
</item>

<item>
<title>Dangote Refinery Clarifies: No Fuel Distribution Through Motorcycles</title>
<link>https://probitasreport.com/dangote-refinery-clarifies-no-fuel-distribution-through-motorcycles</link>
<guid>https://probitasreport.com/dangote-refinery-clarifies-no-fuel-distribution-through-motorcycles</guid>
<description><![CDATA[ Dangote Refinery has issued a statement confirming that it is not distributing fuel through motorcycles. The clarification addresses recent misinformation about unauthorized fuel movement. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202511/image_870x580_691b0e1d33976.jpg" length="109983" type="image/jpeg"/>
<pubDate>Mon, 17 Nov 2025 13:08:01 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Dangote Refinery statement Fuel distribution clarification Motorcycle fuel distribution rumour Nigerian refinery operations Fake fuel supply news Dangote fuel update Energy sector Nigeria Petrol distribution channels Fuel logistics Nigeria</media:keywords>
</item>

<item>
<title>Kenya discovers largest gold deposit in decades, worth an estimated US$5.29 billion</title>
<link>https://probitasreport.com/kenya-discovers-largest-gold-deposit-in-decades-worth-an-estimated-us529-billion</link>
<guid>https://probitasreport.com/kenya-discovers-largest-gold-deposit-in-decades-worth-an-estimated-us529-billion</guid>
<description><![CDATA[ Kenya has discovered its largest gold deposit in decades, valued at an estimated US$5.29 billion. This major find is expected to boost the nation’s mining sector, attract foreign investment, and reshape East Africa’s economic landscape. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202511/image_870x580_691c2866bce6d.jpg" length="134868" type="image/jpeg"/>
<pubDate>Thu, 13 Nov 2025 09:07:47 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Kenya gold discovery US$5.29 billion gold deposit Kenya mining sector East Africa mineral resources Kenya economic development gold deposits in Africa mineral exploration news global gold markets foreign investment in mining Africa natural resource economy</media:keywords>
</item>

<item>
<title>Nigeria’s Power Initiative Fuels Africa’s Industrial Growth</title>
<link>https://probitasreport.com/nigerias-power-initiative-fuels-africas-industrial-growth</link>
<guid>https://probitasreport.com/nigerias-power-initiative-fuels-africas-industrial-growth</guid>
<description><![CDATA[ Nigeria’s Presidential Power Initiative aims to add 4,000 MW of capacity, boost jobs, and position Africa as a leader in sustainable industrial growth. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202511/image_870x580_6912e941f1715.jpg" length="247297" type="image/jpeg"/>
<pubDate>Tue, 11 Nov 2025 09:02:32 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Nigeria Power Initiative, Presidential Power Initiative, Bola Tinubu, Siemens Nigeria, African Energy Reform, Electricity Act 2023, Nigerian Energy Sector, Power Generation Africa, Industrial Development, Energy Transition, Renewable Energy Africa, Infrastructure Investment, Africa Industrial Growth, West Africa Power Grid, Energy Partnerships, Clean Energy Nigeria</media:keywords>
</item>

<item>
<title>Local Content: The Key to Africa’s Energy Future –  ES NCDMB</title>
<link>https://probitasreport.com/local-content-the-key-to-africas-energy-future-es-ncdmb-447</link>
<guid>https://probitasreport.com/local-content-the-key-to-africas-energy-future-es-ncdmb-447</guid>
<description><![CDATA[ NCDMB Executive Secretary emphasizes that strong local content policies are vital to Africa’s energy independence, innovation, and sustainable growth. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202511/image_870x580_690da53fcee80.jpg" length="257463" type="image/jpeg"/>
<pubDate>Thu, 06 Nov 2025 08:55:56 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>NCDMB, Nigerian Content Development and Monitoring Board, Local Content Africa, African Energy Future, Oil and Gas Nigeria, Energy Sustainability, African Energy Independence, Wabote, Nigerian Energy Policy, Energy Transition, Indigenous Participation, African Industrialization, Energy Development, Nigeria Oil Sector, Local Capacity Building</media:keywords>
</item>

<item>
<title>African Petroleum Producers Organization (APPO) Appoints Farid Ghezali as Secretary General, Charting New Course for African Oil Producers</title>
<link>https://probitasreport.com/african-petroleum-producers-organization-appo-appoints-farid-ghezali-as-secretary-general-charting-new-course-for-african-oil-producers</link>
<guid>https://probitasreport.com/african-petroleum-producers-organization-appo-appoints-farid-ghezali-as-secretary-general-charting-new-course-for-african-oil-producers</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202511/image_870x580_690d9ef614089.jpg" length="402109" type="image/jpeg"/>
<pubDate>Thu, 06 Nov 2025 08:28:44 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>PRESS RELEASE   Oando PLC Chief Executive Officer (CEO) Wale Tinubu to Spotlight African Energy Leadership at G20 Investment Forum</title>
<link>https://probitasreport.com/press-release-oando-plc-chief-executive-officer-ceo-wale-tinubu-to-spotlight-african-energy-leadership-at-g20-investment-forum</link>
<guid>https://probitasreport.com/press-release-oando-plc-chief-executive-officer-ceo-wale-tinubu-to-spotlight-african-energy-leadership-at-g20-investment-forum</guid>
<description><![CDATA[ Oando PLC CEO Wale Tinubu to highlight Africa’s energy leadership and investment opportunities at the G20 Investment Forum, driving global partnerships. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202511/image_870x580_690d9ca7d8e2a.jpg" length="53947" type="image/jpeg"/>
<pubDate>Thu, 06 Nov 2025 08:17:20 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Oando PLC, Wale Tinubu, G20 Investment Forum, African Energy, Energy Leadership, Oil and Gas, Renewable Energy Africa, Nigeria Energy Sector, African Investment, G20 Africa Partnership, Sustainable Energy, African Economic Growth, Clean Energy Transition, Energy Diplomacy, G20 Summit 2025</media:keywords>
</item>

<item>
<title>BVI Court Orders $220 Million Judgment Against Former Seplat Chairman Orjiako in Landmark Debt Recovery Case</title>
<link>https://probitasreport.com/bvi-court-orders-220-million-judgment-against-former-seplat-chairman-orjiako-in-landmark-debt-recovery-case</link>
<guid>https://probitasreport.com/bvi-court-orders-220-million-judgment-against-former-seplat-chairman-orjiako-in-landmark-debt-recovery-case</guid>
<description><![CDATA[ The British Virgin Islands Commercial Court has awarded Access Bank Plc a $220 million judgment against ex-Seplat Energy chairman Dr. Ambrosie Orjiako, his wife, and related offshore firms. The ruling marks a major precedent in cross-border debt enforcement and asset recovery across Nigeria, the UK, and the Caribbean. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6903377a3e089.jpg" length="99729" type="image/jpeg"/>
<pubDate>Wed, 29 Oct 2025 11:05:48 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>BVI court judgment Access Bank Orjiako case Seplat Energy chairman Dr Ambrosie Orjiako news cross-border debt recovery Nigeria UK Caribbean legal case offshore asset enforcement fraudulent transfer ruling $220 million judgment BVI international debt litigation</media:keywords>
</item>

<item>
<title>Breaking: NestOil Headquarters Sealed Over $1 Billion Debt | Stakeholder Update</title>
<link>https://probitasreport.com/breaking-nestoil-headquarters-sealed-over-1-billion-debt-stakeholder-update</link>
<guid>https://probitasreport.com/breaking-nestoil-headquarters-sealed-over-1-billion-debt-stakeholder-update</guid>
<description><![CDATA[ NestOil&#039;s headquarters have been sealed by authorities due to a massive $1 billion debt. An urgent stakeholder update has been released. Get the latest details on the situation and its implications. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900fa1ece8a8.jpg" length="127337" type="image/jpeg"/>
<pubDate>Wed, 29 Oct 2025 10:38:39 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>NestOil debt crisis NestOil headquarters sealed $1 billion debt Nigeria Nigerian oil and gas news Stakeholder update Corporate debt Asset seizure Oil company insolvency</media:keywords>
</item>

<item>
<title>Breaking: Goldman Sachs Says Decade Needed to Challenge China&amp;apos;s Rare Earth Dominance</title>
<link>https://probitasreport.com/breaking-goldman-sachs-says-decade-needed-to-challenge-chinas-rare-earth-dominance</link>
<guid>https://probitasreport.com/breaking-goldman-sachs-says-decade-needed-to-challenge-chinas-rare-earth-dominance</guid>
<description><![CDATA[ Goldman Sachs reports it could take 10+ years for the West to build a supply chain rivaling China&#039;s stranglehold on rare earth metals. Discover the implications for tech, defense, and the global economy. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6901d59f33877.jpg" length="137747" type="image/jpeg"/>
<pubDate>Wed, 29 Oct 2025 10:01:17 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Goldman Sachs rare earth China rare earth dominance rare earth metals supply chain critical minerals challenge Western rare earth production tech manufacturing materials 稀土 (Xītǔ - Rare Earth in Chinese, for international reach)</media:keywords>
</item>

<item>
<title>NNPC Unveils Nationwide Downstream Revamp at OTL 2025, Signals New Era for Nigeria’s Oil Industry</title>
<link>https://probitasreport.com/nnpc-unveils-nationwide-downstream-revamp-at-otl-2025-signals-new-era-for-nigerias-oil-industry</link>
<guid>https://probitasreport.com/nnpc-unveils-nationwide-downstream-revamp-at-otl-2025-signals-new-era-for-nigerias-oil-industry</guid>
<description><![CDATA[ The Nigerian National Petroleum Company Limited (NNPC) has announced a sweeping nationwide downstream overhaul at OTL Africa Downstream Week 2025. The reform aims to modernize infrastructure, expand distribution networks, and reposition Nigeria as a regional petroleum hub. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6901490b90245.jpg" length="63374" type="image/jpeg"/>
<pubDate>Tue, 28 Oct 2025 23:56:00 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>NNPC downstream reform, OTL Africa Downstream Week, Nigerian oil industry, energy infrastructure upgrade, fuel supply Nigeria, petroleum logistics, oil market development, energy policy Nigeria, refinery modernization, African oil and gas investments</media:keywords>
</item>

<item>
<title>NestOil Headquarters Sealed Over $1 Billion Debt, Stakeholders Receive Urgent Update</title>
<link>https://probitasreport.com/nestoil-headquarters-sealed-over-1-billion-debt-stakeholders-receive-urgent-update</link>
<guid>https://probitasreport.com/nestoil-headquarters-sealed-over-1-billion-debt-stakeholders-receive-urgent-update</guid>
<description><![CDATA[ NestOil Limited, one of Nigeria’s leading indigenous oil and gas companies, faces major financial scrutiny after authorities sealed its headquarters over an alleged $1 billion debt. The company has released an urgent update to stakeholders as investigations into the debt situation intensify. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900fa1ece8a8.jpg" length="127337" type="image/jpeg"/>
<pubDate>Tue, 28 Oct 2025 18:23:24 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>NestOil, $1 billion debt, NestOil HQ sealed, Nigerian oil companies, corporate debt crisis, debt recovery Nigeria, energy sector finance, oil and gas news, business accountability, financial investigation, stakeholder update, Nigeria corporate governance, NestOil stakeholders, financial mismanagement, Probitas Report business news, integrity in business.</media:keywords>
</item>

<item>
<title>Nigeria attracts $1.3bn Chinese lithium investment amid push for clean energy value chains</title>
<link>https://probitasreport.com/nigeria-attracts-13bn-chinese-lithium-investment-amid-push-for-clean-energy-value-chains</link>
<guid>https://probitasreport.com/nigeria-attracts-13bn-chinese-lithium-investment-amid-push-for-clean-energy-value-chains</guid>
<description><![CDATA[ In a major boost to Africa’s green industrial transition, Chinese firms have invested over $1.3 billion in Nigeria’s rapidly expanding lithium processing industry, according to the country’s Minister of Solid Minerals Development, Dr. Dele Alake. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900f2118090f.jpg" length="81328" type="image/jpeg"/>
<pubDate>Tue, 28 Oct 2025 17:45:28 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Nigeria lithium investment, Chinese investors in Nigeria, $1.3bn lithium deal, Dele Alake, solid minerals sector, clean energy Nigeria, green mineral revolution, lithium processing, Mining Marshals, Nigeria-China partnership, electronic mining cadastre, mineral reforms, industrial growth, sustainable mining, Africa Minerals Strategy Group</media:keywords>
</item>

<item>
<title>Tinubu Reaffirms Support for Dangote Refinery Expansion, Calls on Africa to Harness $120B Oil Market</title>
<link>https://probitasreport.com/tinubu-reaffirms-support-for-dangote-refinery-expansion-calls-on-africa-to-harness-120b-oil-market</link>
<guid>https://probitasreport.com/tinubu-reaffirms-support-for-dangote-refinery-expansion-calls-on-africa-to-harness-120b-oil-market</guid>
<description><![CDATA[ President Bola Ahmed Tinubu backs the Dangote Refinery expansion from 650,000 to 1.4 million barrels per day, emphasizing Nigeria’s energy self-sufficiency and Africa’s $120 billion oil market potential. Insights shared at OTL Africa Downstream Conference in Lagos. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68fbe2f2b5d1b.jpg" length="285172" type="image/jpeg"/>
<pubDate>Tue, 28 Oct 2025 13:13:40 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Dangote Refinery expansion, Bola Ahmed Tinubu, Nigeria energy sector, OTL Africa 2025, Heineken Lokpobiri, African oil market, hydrocarbon investment, fuel deregulation Nigeria, Lagos energy hub, Africa energy transition</media:keywords>
</item>

<item>
<title>OTL Platform Has Played A Crucial Role In Shaping Agenda For Downstream Development Across Africa&#45; Sanwo&#45;Olu</title>
<link>https://probitasreport.com/otl-platform-has-played-a-crucial-role-in-shaping-agenda-for-downstream-development-across-africa-sanwo-olu</link>
<guid>https://probitasreport.com/otl-platform-has-played-a-crucial-role-in-shaping-agenda-for-downstream-development-across-africa-sanwo-olu</guid>
<description><![CDATA[ Governor Babajide Sanwo-Olu welcomes OTL Africa Downstream Energy Week 2025, highlighting Lagos as the hub for innovation, strategic investment, and collaboration in Africa’s energy sector. The event showcases technology, policy reforms, and partnerships shaping sustainable downstream and midstream development. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900ae0c421af.jpg" length="80940" type="image/jpeg"/>
<pubDate>Tue, 28 Oct 2025 12:56:58 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>OTL Africa 2025, Lagos energy hub, downstream energy, midstream energy, Babajide Sanwo-Olu, energy investment Africa, gas and petroleum, renewable energy, energy transition Lagos, Africa energy innovation, CNG, LPG, Rainoil Limited, Dover Fueling Solutions, sustainable energy Africa</media:keywords>
</item>

<item>
<title>OTL 2025: Oyebanji Says Deregulation Sparks Renewed Focus on Infrastructure and Long&#45;Term Growth in Downstream Sector</title>
<link>https://probitasreport.com/otl-2025-oyebanji-says-deregulation-sparks-renewed-focus-on-infrastructure-and-long-term-growth-in-downstream-sector</link>
<guid>https://probitasreport.com/otl-2025-oyebanji-says-deregulation-sparks-renewed-focus-on-infrastructure-and-long-term-growth-in-downstream-sector</guid>
<description><![CDATA[ At the OTL Africa Downstream Energy Week, OTL Chairman Otunba Adetunji Oyebanji said deregulation of Nigeria’s downstream sector has reignited investment, strengthened infrastructure development, and laid the foundation for sustainable long-term growth in Africa’s energy industry. ]]></description>
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<pubDate>Tue, 28 Oct 2025 05:10:14 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>OTL Africa Downstream Otunba Adetunji Oyebanji downstream deregulation Nigeria energy infrastructure development long-term growth in energy sector downstream petroleum market African energy conference oil and gas investment Nigeria energy sustainability Africa</media:keywords>
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<item>
<title>Dangote Refinery Expansion Targets 1.4 Million Barrels Daily, Projects $55bn Annual Revenue</title>
<link>https://probitasreport.com/dangote-refinery-expansion-targets-14-million-barrels-daily-projects-55bn-annual-revenue</link>
<guid>https://probitasreport.com/dangote-refinery-expansion-targets-14-million-barrels-daily-projects-55bn-annual-revenue</guid>
<description><![CDATA[ Dangote Industries Limited is expanding its refinery to 1.4 million barrels per day, driven by Nigeria’s new policy reforms and Africa’s rising demand for cleaner fuels. Aliko Dangote says the $20bn facility will strengthen energy security, create jobs, and generate $55bn yearly while listing on NGX to empower Nigerians. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900a0a9d888b.jpg" length="101254" type="image/jpeg"/>
<pubDate>Mon, 27 Oct 2025 11:47:10 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Dangote Refinery expansion 1.4 million barrels per day Nigeria refinery news Aliko Dangote speech Dangote refinery $55bn revenue Dangote listing on NGX Nigerian energy independence Africa oil and gas Tinubu economic reforms Dangote petrochemical production Clean fuel standards Nigeria Dangote refinery festive season fuel Nigeria industrialisation drive Refinery jobs in Nigeria Dangote refinery global impact</media:keywords>
</item>

<item>
<title>NCDMB Executive Secretary Congratulates Gas Minister Ekperikpe Ekpo on Election as GECF President</title>
<link>https://probitasreport.com/ncdmb-executive-secretary-congratulates-gas-minister-ekperikpe-ekpo-on-election-as-gecf-president</link>
<guid>https://probitasreport.com/ncdmb-executive-secretary-congratulates-gas-minister-ekperikpe-ekpo-on-election-as-gecf-president</guid>
<description><![CDATA[ The Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, has congratulated the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, on his election as President of the Gas Exporting Countries Forum (GECF). Ogbe hailed the appointment as a recognition of Ekpo’s visionary leadership, commitment to Nigeria’s Decade of Gas initiative, and global influence in the energy sector. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_6900aa9521b75.jpg" length="258528" type="image/jpeg"/>
<pubDate>Sun, 26 Oct 2025 12:40:10 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Ekperikpe Ekpo GECF President, NCDMB congratulates Gas Minister, Nigeria gas industry growth, Felix Omatsola Ogbe statement, Decade of Gas initiative, Nigerian Content Development and Monitoring Board, Dr Philip Mshelbila GECF, Nigeria LNG leadership, global gas forum Nigeria, energy transition Nigeria</media:keywords>
</item>

<item>
<title>OTL 2025: Africa’s Downstream Energy Leaders Unite to Drive Market Innovation and Strategic Investment</title>
<link>https://probitasreport.com/otl-2025-africas-downstream-energy-leaders-unite-to-drive-market-innovation-and-strategic-investment</link>
<guid>https://probitasreport.com/otl-2025-africas-downstream-energy-leaders-unite-to-drive-market-innovation-and-strategic-investment</guid>
<description><![CDATA[ The 2025 OTL Africa Downstream Week will gather top energy and petroleum stakeholders in Lagos from October 26–31 to explore market trends, innovation, deregulation, and investment opportunities shaping Africa’s downstream future, says OTL Chairman Otunba Adetunji Oyebanji. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_69009d1401789.jpg" length="73988" type="image/jpeg"/>
<pubDate>Sun, 26 Oct 2025 11:36:33 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>OTL 2025, Oil Trading Logistics Africa, Nigeria downstream sector, energy investment in Africa, petroleum market trends, African energy conference, energy deregulation, oil and gas innovation, Lagos energy events, OTL Africa Downstream Week 2025, Otunba Oyebanji, Dangote Refinery visit, NMDPRA collaboration, Probitas Report energy coverage</media:keywords>
</item>

<item>
<title>Dangote Opens Investment Window, Plans to Sell 10% Stake in $20bn Refinery</title>
<link>https://probitasreport.com/dangote-opens-investment-window-plans-to-sell-10-stake-in-20bn-refinery</link>
<guid>https://probitasreport.com/dangote-opens-investment-window-plans-to-sell-10-stake-in-20bn-refinery</guid>
<description><![CDATA[ Africa’s richest man, Aliko Dangote, is set to sell 10% of his $20 billion refinery, creating a rare investment opportunity in one of the world’s largest single-train refineries. The move signals a new phase of growth, transparency, and global investor participation in Nigeria’s energy sector. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68fbd8b97091b.jpg" length="79817" type="image/jpeg"/>
<pubDate>Thu, 23 Oct 2025 20:58:46 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Dangote refinery share sale, Dangote 10 percent refinery stake, invest in Dangote refinery, Aliko Dangote refinery investors, Nigeria oil sector investment, Dangote refinery valuation, foreign investors in Nigeria, refinery investment Africa, Dangote refinery ownership, Nigeria energy reforms</media:keywords>
</item>

<item>
<title>OTL Africa Downstream Energy Week 2025 in Lagos: Driving Africa’s Downstream Transformation</title>
<link>https://probitasreport.com/otl-africa-downstream-energy-week-2025-set-to-convene-industry-leaders-in-lagos</link>
<guid>https://probitasreport.com/otl-africa-downstream-energy-week-2025-set-to-convene-industry-leaders-in-lagos</guid>
<description><![CDATA[ Join industry leaders at the 19th edition of OTL Africa Downstream Energy Week 2025 in Lagos (Oct 26-31) where policy-makers, operators, and investors unite to shape Africa’s downstream energy future under the theme “Energy Sustainability – Growth Beyond Boundaries and Competition.” ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68fbd40c7effa.jpg" length="72637" type="image/jpeg"/>
<pubDate>Thu, 23 Oct 2025 20:40:50 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>OTL Africa Downstream Energy Week 2025, Lagos energy conference, Africa downstream petroleum event, downstream energy value chain Africa, OTL Africa 2025 exhibition, energy sustainability Africa, downstream energy investment Nigeria</media:keywords>
</item>

<item>
<title>Minister Praises Komolafe: NUPRC’s 4&#45;Year Achievements Rival a 50&#45;Year Institution</title>
<link>https://probitasreport.com/minister-praises-komolafe-nuprcs-4-year-achievements-rival-a-50-year-institution</link>
<guid>https://probitasreport.com/minister-praises-komolafe-nuprcs-4-year-achievements-rival-a-50-year-institution</guid>
<description><![CDATA[ The Minister of State for Petroleum Resources has commended Engr. Gbenga Komolafe and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for achieving remarkable institutional milestones within just four years, describing the agency’s progress as comparable to that of a 50-year-old organization. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68fb315d8a998.jpg" length="112051" type="image/jpeg"/>
<pubDate>Wed, 22 Oct 2025 08:54:35 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>NUPRC achievements, Gbenga Komolafe, Minister of Petroleum, Nigerian oil and gas reforms, NUPRC anniversary, energy regulation in Nigeria, petroleum industry leadership, government commendation, NUPRC 4 years success, oil sector transformation Nigeria</media:keywords>
</item>

<item>
<title>Federal Government Unveils New Roadmap to Accelerate Solid Minerals Development in Nigeria</title>
<link>https://probitasreport.com/federal-government-unveils-new-roadmap-to-accelerate-solid-minerals-development-in-nigeria</link>
<guid>https://probitasreport.com/federal-government-unveils-new-roadmap-to-accelerate-solid-minerals-development-in-nigeria</guid>
<description><![CDATA[ The Federal Government of Nigeria has launched a comprehensive roadmap to revitalize the solid minerals sector, aiming to boost investment, enhance regulatory clarity, and drive economic diversification beyond oil. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68f8cd85a05fb.jpg" length="64320" type="image/jpeg"/>
<pubDate>Fri, 17 Oct 2025 13:27:28 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Federal Government Nigeria, solid minerals roadmap, Nigeria mining development, economic diversification Nigeria, mining sector reform, solid minerals policy, Nigerian extractive industries, mining investment Nigeria, Ministry of Mines and Steel, mineral resources development, non-oil economy, Nigeria natural resources, FG mining strategy</media:keywords>
</item>

<item>
<title>Nigeria and Japan Forge Mining Partnership at TICAD 9 to Advance Solid Minerals Development</title>
<link>https://probitasreport.com/nigeria-and-japan-forge-mining-partnership-at-ticad-9-to-advance-solid-minerals-development</link>
<guid>https://probitasreport.com/nigeria-and-japan-forge-mining-partnership-at-ticad-9-to-advance-solid-minerals-development</guid>
<description><![CDATA[ At the 9th Tokyo International Conference on African Development (TICAD 9), Nigeria and Japan align strategic mining initiatives to attract investment, enhance technology transfer, and accelerate sustainable development in Nigeria’s solid minerals sector. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68f8d00b0ba62.jpg" length="58108" type="image/jpeg"/>
<pubDate>Thu, 16 Oct 2025 13:33:39 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>Nigeria Japan mining partnership, TICAD 9, solid minerals development, Nigeria mining investment, Japan Africa cooperation, Tokyo International Conference on African Development, mineral sector collaboration, Nigeria-Japan relations, sustainable mining Nigeria, technology transfer mining, African mining policy, TICAD Nigeria, extractive industries diplomacy</media:keywords>
</item>

<item>
<title>NEITI Urges End to Multiple Taxation in Nigeria’s Solid Minerals Sector to Boost Investment and Compliance</title>
<link>https://probitasreport.com/neiti-urges-end-to-multiple-taxation-in-nigerias-solid-minerals-sector-to-boost-investment-and-compliance</link>
<guid>https://probitasreport.com/neiti-urges-end-to-multiple-taxation-in-nigerias-solid-minerals-sector-to-boost-investment-and-compliance</guid>
<description><![CDATA[ he Nigeria Extractive Industries Transparency Initiative (NEITI) calls for urgent reform to eliminate multiple taxation in the solid minerals sector, citing it as a major barrier to investment, transparency, and sustainable growth. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68f8c94e416b8.jpg" length="65866" type="image/jpeg"/>
<pubDate>Thu, 16 Oct 2025 13:12:21 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>NEITI, multiple taxation Nigeria, solid minerals sector, mining taxation reform, Nigeria extractive industries, mineral sector investment, tax harmonization Nigeria, NEITI report, solid minerals policy, Nigerian mining industry, fiscal transparency, regulatory burden mining, economic diversification Nigeria</media:keywords>
</item>

<item>
<title>President Tinubu Celebrates ₦1 Trillion Solid Minerals Investment as Catalyst for Nigeria’s Economic Diversification</title>
<link>https://probitasreport.com/president-tinubu-celebrates-1-trillion-solid-minerals-investment-as-catalyst-for-nigerias-economic-diversification</link>
<guid>https://probitasreport.com/president-tinubu-celebrates-1-trillion-solid-minerals-investment-as-catalyst-for-nigerias-economic-diversification</guid>
<description><![CDATA[ President Bola Ahmed Tinubu applauds Nigeria’s historic ₦1 trillion allocation to the solid minerals sector, calling it a transformative move toward reducing oil dependence and unlocking sustainable economic growth. ]]></description>
<enclosure url="https://probitasreport.com/uploads/images/202510/image_870x580_68f8bd8c03622.jpg" length="67221" type="image/jpeg"/>
<pubDate>Tue, 14 Oct 2025 12:16:31 +0100</pubDate>
<dc:creator>Joyce Idanmuze</dc:creator>
<media:keywords>President Tinubu, solid minerals sector, Nigeria economic diversification, ₦1 trillion investment, mining industry Nigeria, non-oil economy, Nigerian budget 2025, mineral resources development, economic policy Nigeria, sustainable growth Nigeria, Tinubu administration, solid minerals development fund, Nigeria mining reform</media:keywords>
</item>

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