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UTMFLNG, NLNG Among Nigeria’s Largest Projects Led by Julius Rone

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MDGIF Investment injects over N287bn into Nigerian gas projects, driving energy access, industrial growth, and sectoral development under PIA


MDGIF Investment has committed more than N287 billion to gas infrastructure projects nationwide, significantly advancing energy access, industrial growth, and strategic investment in line with the Nigeria Petroleum Industry Act.

Also read: Andy Odeh NNPCL Appointment Heralds Fresh Corporate Vision

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Nigerian Midstream and Downstream Petroleum Regulatory Authority Chief Executive Farouk Ahmed, represented by Dr. Joseph Tolorunse, revealed the figure at the inaugural ECAN Energy Conference in Abuja, marking four years of the PIA.

He noted that the fund has supported 62 strategic projects across 16 companies and attracted an additional $500 million through a financing partnership with Afreximbank.

Ahmed highlighted notable sector achievements, including the introduction of 18 new regulations, automation of key processes, and increased crude supply to domestic refineries from 20,000 barrels per day in 2023 to over 40,000 bpd in 2025.

Similarly, PMS output from local refineries rose from 1.3 billion litres in 2024 to 3.8 billion litres in 2025.

Major PIA-backed initiatives include UTMFLNG, NLNG Train 7, the AKK and OB3 pipelines, Indorama Corporation, Waltersmith Group refinery expansion, and Supertech Innovation Labs’s methanol plant.

The Authority has also issued 10 gas distribution licences covering 692km of pipelines and 23 refinery establishment licences, expected to add 850,000 bpd of new refining capacity.

Also read: NOG Energy 2025: Julius Rone Speaks on Strengthening Interconnected Gas Markets

The MDGIF Investment reflects Nigeria’s determination to strengthen its gas sector, enhance industrialisation, and create sustainable energy solutions for the nation.

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Sanwo-Olu Sets Dec 31 Deadline for Mandatory Health Insurance in Lagos

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The Lagos State Government has flagged off the enforcement of Executive Order EO/BOS/01/2024, introducing the Lagos Private Health Plans (LPHP) to expand health insurance coverage to salaried workers and corporate organisations.

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Governor Babajide Sanwo-Olu announced that residents and employers have until December 31, 2026, to secure coverage, as formal enforcement of the mandatory health insurance policy kicks off on January 1, 2027.

The new private sector arrangement complements the existing Ilera Eko scheme, which primarily targets vulnerable residents and workers in the informal sector. To drive the initiative, 21 Health Maintenance Organisations (HMOs) have partnered with the state government to expand access across corporate establishments.

To protect vulnerable residents unable to afford premiums on their own, the state government tripled its Health Equity Fund from ₦1 billion to ₦3 billion, covering over 500,000 citizens.

In addition, the state government instituted a strict directive for healthcare providers across the metropolis, warning that no hospital is permitted to turn away patients requiring emergency care due to financial constraints. Under the policy, medical facilities must stabilize patients before demanding payment or insurance verification.

Governor Sanwo-Olu stressed that employee healthcare remains a mandatory employer responsibility comparable to pension obligations, noting that the systemic upgrade aims to safeguard household finances against unexpected medical emergencies.

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Ebuka Obi Warns Men Against Investing in Women Without Marriage Assurance

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The spiritual director of Zion Prayer Movement Outreach, Evangelist Ebuka Obi, has shared controversial thoughts on modern relationships, warning men against the practice of training or financially supporting young women in anticipation of marriage.

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According to the popular cleric, men who invest resources into sponsoring women often risk losing them to other suitors who have achieved greater financial success.

Speaking during a recent ministration, Obi asserted that contemporary relationship dynamics have shifted, suggesting that financial investment alone does not guarantee commitment.

“The fact remains that some of the girls you are training now will end up not marrying you,” Obi stated. “They will marry someone who has made it further in life than you. Women of this generation don’t care anymore. The only thing that will make a woman stand by you is if you have something she doesn’t have.”

The remarks have since drawn mixed reactions across social media platforms, sparking public debate among Nigerians regarding gender roles, expectations, financial support in courtships, and changing values in modern relationships.

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CAN Demands Urgent Investigation into Video Threatening Christians

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CAN

CAN demands a probe of a viral video threatening Christians in Enugu and Jos, urging security agencies to identify those involved and ensure accountability (more…)

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