Ghana: GRA Busts GH¢2.3 Million Diesel Tax Evasion Syndicate Involving 10 Trucks

The Customs Preventive Unit of the Ghana Revenue Authority (GRA), in collaboration with the National Security, has impounded ten trucks loaded with 540,000 litres of diesel in a major fuel diversion scheme aimed at evading about GH¢2.3 million in taxes and levies. According to the GRA, the syndicate disengaged the tracking devices shortly after loading and diverted the fuel under the cover of darkness, bypassing the designated export process. The trucks were later intercepted at Kpone near Tema in the Greater Accra Region on October 7, 2025, following an intelligence-led operation. Addressing journalists in Accra, the Commissioner-General of the GRA, Anthony Kwasi Sarpong, said that after a tip-off, a team monitored the trucks at the port, where the consignment was purportedly meant for export. However, upon arrival, it was discovered that no vessel had been designated to receive the product. Investigations further revealed that the company involved had disengaged the tracking devices on the tankers and diverted the fuel. Source:https://energynewsafrica.com

Nigeria: Dangote Refinery Denies Importing Bad Fuel

Africa’s largest petroleum refinery, Dangote Petroleum Refinery, has dismissed recent media reports alleging that it is importing finished petrol with high sulphur content into Nigeria, describing the claims as false and misleading. In a statement issued on Friday, the company explained that as a world-scale complex refinery, it processes a wide range of crude oils and intermediate feedstocks — a standard global practice aimed at optimising production efficiency and product quality. “The cargo in question is an intermediate feedstock, not finished petrol,” the company clarified. “It will be fully refined in our processing units to meet both Nigerian and international quality standards.” Dangote Petroleum Refinery further stated that it refines and sells only high-quality fuels that comply with all regulatory specifications. The company added that its exports of petroleum products to the United States and Europe — among the world’s most regulated markets — underscore its adherence to international benchmarks for quality and safety. It also noted that all imported feedstocks are accompanied by quality certificates, which are transparently shared with regulators. “We are also willing to make these documents available to the public in the interest of full transparency and accountability,” the statement added. Dangote Refinery reaffirmed its commitment to advancing Nigeria’s energy independence, maintaining global best practices, and delivering cleaner, high-quality fuels for both domestic and international markets.   Source:https://energynewsafrica.com

Ghana: Energy Minister Commissions Electrification Project In 13 Central Gonja Communities

Ghana’s Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has commissioned rural electrification projects in 13 new communities in the Central Gonja District of the Savannah Region. The beneficiary communities include Zolampe, Nikpegu, Torope, Dokope, Kpatinyan, Darivogupe, Bagpe, Dawunipe, Diwurupe, Larigbani, Mammudupe, Sankaupe, and Nyinyape. The project forms part of the government’s broader effort to extend reliable and affordable electricity to rural areas under the National Electrification Scheme. Speaking at the commissioning ceremony on Saturday, October 11, 2025, Minister Jinapor said the initiative marks another milestone in the government’s drive to improve the quality of life in rural communities, foster inclusive growth, and ensure equitable access to modern energy services nationwide. He revealed that Ghana has achieved about 90% electricity access — one of the highest rates in Africa — stressing that “we are determined to reach 100%. No community should be left in the dark,” he added. Jinapor reminded residents and consumers that while the government is doing its part by expanding electricity access, citizens must also play their role by paying for the power they consume. “If more people pay, that’s how we keep the power on. It’s a shared responsibility,” he stated. He continued, “In Tamale, my own people have raised concerns and are agitating. I hear you, and we are willing to engage. We want to be fair. Those who have not been able to pay — let’s put them on a payment plan. But those who are hooking up illegally must stop. It’s not just unlawful; it damages transformers and affects entire communities.” Minister Jinapor also noted that the government is implementing a Loss Reduction Programme aimed at cutting down both commercial and technical losses, emphasizing that “as a result of NEDCo’s efforts, we’ve seen about a 10% improvement in collections and reduced losses.” “As Energy Minister, I will continue to provide every support to ensure this progress continues,” he concluded.   Source: https://energynewsafrica.com

Nigeria: Four Suspects Arrested For Attempting To Vandalise Mando–Jos 330kV Double Circuit Transmission Line

The Transmission Company of Nigeria (TCN) has announced the arrest of four persons who attempted to vandalise towers T297, T298, and T299 along the Mando–Jos 330kV Double Circuit transmission line. According to TCN, the suspects were apprehended by security operatives in collaboration with community vigilantes, who successfully foiled the vandalism attempt on Sunday, October 5, 2025. TCN stated that the vandals had already removed some tower members, compromising the structural integrity of the towers. However, the line remained intact and did not collapse. To safeguard the integrity of the transmission infrastructure, TCN engineers have commenced emergency reinforcement works on the affected towers. These efforts, the company explained, aim to restore full stability and ensure the continued delivery of bulk power along the Mando–Jos transmission corridor. The power transmission company commended the swift action of security operatives and members of the host community, which led to the arrest of the vandals and their suspected buyers. The suspects are currently in police custody in Saminaka, Kaduna State, where investigations are ongoing. TCN urged communities across the country to remain vigilant and to promptly report any suspicious activities around transmission facilities to security agencies or the nearest TCN office. The company reaffirmed its commitment to working with security operatives to protect Nigeria’s transmission infrastructure and to ensure efficient and reliable power delivery nationwide.           Source: https://energynewsafrica.com

BP Wins Arbitration Against Venture Global

BP has won an arbitration case it brought against Venture Global, alleging that the LNG exporter had violated its long-term supply contract with the supermajor in order to make bigger profits on the spot market. The development delivers a blow to Venture Global, which has become one of the largest exporters of liquefied natural gas in the United States in a matter of years, not least because it tapped the spot market right when demand for gas was soaring. The problem that BP and half a dozen other energy companies had with that was that they had long-term contracts with Venture Global and were not getting any deliveries. To do that, Venture Global used a loophole that allowed it to delay the official commissioning of its liquefaction plant. This is what made it possible for the company to sell substantial amounts of LNG to spot market buyers and not deliver any volumes to its long-term clients—and funders of the facility. BP, Shell, and Spain’s Repsol, along with two other European energy companies, were foundation buyers for the Calcasieu Pass facility, meaning they provided Venture Global with the money to build the place in Louisiana in exchange for a commitment from the company to supply them with certain volumes of LNG over a long-term period. Naturally, this did not sit well with BP, Shell, Eni, or Repsol, all of whom took the matter to arbitration court, accusing Venture Global of making billions from the above tactics while they had to source LNG from other suppliers. Interestingly, just two months ago, the court looking into all the arbitration cases against Venture Global found in favor of the latter against Shell. The court said Venture Global had not violated its long-term contract with the supermajor by delaying the start of cargo deliveries.     Source: Oilprice.com

Sierra Leone Petroleum Regulators Visit Ghana To Study NPA Operations

A delegation from the National Petroleum and Regulatory Authority (NPRA) of Sierra Leone is in Ghana to understudy the operations of the National Petroleum Authority (NPA). The visit focuses on policy administration, regulatory frameworks, and the technical advancements that have positioned the NPA as a model institution in the sub-region. The delegation comprises Ms. Wuyah Deen Sucarray, Director of Policy Planning and Coordination at the NPRA, and Ms. Aminata Margaret Kora, Assistant Manager for Human Resources and Administration. Welcoming the delegation, the Chief Executive of the NPA, Mr. Godwin Kudzo Tameklo (Esq.), said it was encouraging to see other countries taking an interest in Ghana’s petroleum management systems, describing it as a testament to the Authority’s progress and effectiveness. He expressed appreciation for the visit and urged the delegation to adopt best practices that would contribute to the collective growth and development of Africa’s energy sector. Responding, the leader of the delegation, Ms. Wuyah Deen Sucarray, expressed gratitude to the NPA for its openness and willingness to share knowledge. She commended the Authority’s leadership and emphasized that the insights gained from the visit would enhance their operations and regulatory capacity back home. Ms. Sucarray added that Sierra Leone’s Minister of Trade and Industry, Alpha Ibrahim Sesay, and the Chief Executive of the NPRA, Chief Brima Baluusa Koroma, would visit Ghana at a later date to further strengthen ties between the two countries. Heads of the various technical departments have since taken the visiting team through their operations and underlying policy frameworks.           Source: https://energynewsafrica.com

TGS Channels $1 Billion Into Africa’s Oil And Gas Exploration Drive

TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, has invested more than $1 billion in seismic data acquisition across Africa to stimulate investment in the continent’s upstream sector, Chief Executive Officer Kristian Johansen has revealed. According to him, 70% of the company’s extensive seismic data library covers Africa, made possible through strong partnerships with local authorities. Speaking at the recently concluded African Energy Week (AEW) in Cape Town, Johansen said TGS is helping Africa unlock its energy potential through cutting-edge imaging technologies powered by artificial intelligence, machine learning, and world-class computing systems. He emphasized that TGS believes Africa’s energy future must be anchored in local capacity development, robust supply chains, inclusive job creation, and resilient communities. Johansen observed that with its vast resources, Africa has a unique opportunity to forge a new path — blending oil, gas, renewables, and digitalization on African terms for African people. “At TGS, we are deeply committed to partnering with you on this journey — exploring a continental marketplace for innovation, investment, and ambition. Let us make this the decade in which Africa’s energy sector not only meets its potential but leads the world, driving prosperity, resilience, and transformation,” he said.       Source: https://energynewsafrica.com

Nigeria: Sahara Group Foundation Expands Its Go Recycling Hubs To Boost Environmental Sustainability

Sahara Group Foundation, the corporate social impact vehicle of Sahara Group, has commissioned its 15th Sahara Go Recycling Hub in Ijede, Ikorodu Local Government Area of Lagos State, reaffirming its commitment to sustainable waste management, environmental protection, and community empowerment in Nigeria. The new hub, strategically located opposite the General Hospital in Ijede, extends the Foundation’s growing recycling campaign, building on the success of 14 hubs already established across Lagos. The Sahara Go Recycling initiative is designed to promote a circular economy by reducing waste, fostering resource recovery, and empowering local communities with opportunities to earn income from recyclables. Speaking at the commissioning, Chidilim Menakaya, Director of Sahara Group Foundation, said: “The launch of the Ijede Go-Recycling Hub is not just about environmental sustainability; it is about redefining value, creating opportunities for economic empowerment, and building resilient communities that can lead the charge for sustainability. Every plastic bottle, aluminium can, or piece of paper recycled here marks a step toward a cleaner environment, stronger livelihoods, and a future where waste is transformed into wealth.” She underscored the Foundation’s vision of inspiring a ripple effect of sustainable practices across communities. The event was attended by the Chief Executive Officer of Egbin Power Plc, executives and representatives of Sahara Group, Egbin Power Plc, and Ikeja Electric, the Vice Chairman of Ijede Local Council Development Area (LCDA), officials from the Ijede General Hospital, as well as dignitaries, traditional leaders, and community members. Mokhtar Bounour, CEO of Egbin Power Plc, remarked: “At Sahara, Egbin, Ikeja Electric, and across all our businesses, we don’t just say it—we act on it. We are committed to making a difference and ensuring that communities are empowered. A cleaner Ijede means a healthier Ikorodu and ultimately a stronger Nigeria. This initiative has the power to enhance public health while stimulating economic empowerment for our people.” Hon. Kabir Femi Kareem, Vice Chairman of Ijede Local Government, representing the Executive Chairman, emphasised the hub’s importance to Ijede residents, especially given its strategic location.“The essence of this project is environmental sustainability and value creation. When we transform our waste into resources, it is a symbiosis—improving our environment, reducing greenhouse gases and global warming. Ultimately, we are creating job opportunities and saving energy.” He urged all Ijede residents to embrace the project and minimise improper waste disposal. High Chief Mustapha Lasisi, Baale of Ipakan Community, Ijede, commended the collaboration between Sahara Group Foundation, Egbin Power Plc, Ijede LCDA, and EcoBarter, describing the hub as a vital contribution to the well-being and livelihoods of Ijede residents, particularly for its economic value. Since its inception, the Sahara Go Recycling Initiative has collected over 500 tonnes of recyclable waste and facilitated payouts exceeding ₦50 million to beneficiaries. The programme has positively impacted more than 1,000 households, creating alternative income streams, supporting livelihoods, and reinforcing environmental sustainability. The new hub in Ijede was implemented in partnership with Egbin Power Plc, Ijede LCDA, and EcoBarter. It provides a convenient drop-off point for recyclable materials, including plastics, cartons, paper, and aluminium cans. Residents are encouraged to exchange their recyclables for incentives at the hub—joining a growing network of locations across Lagos, including Ijora, Ikorodu, Agege, Festac, Onigbongbo, Lagos Island, Oworonshoki, Ikotun, Apapa, Igbogbo Baiyeku, Kosofe, Ifako-Ijaye, and Navy Town. Mrs. Ayodele Michael Oluwakemi, Council Manager of Ijede Local Government, called on residents to embrace the initiative, sort their waste, and turn in recyclables to the hub in exchange for value, noting that this will contribute to a cleaner, greener Ijede. Roseline Idehai, representing EcoBarter, added: “At EcoBarter, we believe waste is not a problem but an opportunity. Our partnership with Sahara Group Foundation ensures this opportunity becomes a sustainable reality—empowering individuals and inspiring collective action toward a cleaner Lagos. We allow people to use their waste as currency and get value for every recyclable turned in.” Mr. Disu Shoyiga, Personal Assistant to the Executive Chairman, Ijede Local Government, noted the health benefits of the initiative, stating: “A cleaner environment translates directly into healthier lives. The added benefit of this project is the economic value it brings to the people. We are grateful to the Sahara Group Foundation and will ensure that the hub remains viable.” Reiterating Sahara Group Foundation’s vision, Chidilim Menakaya added: “The Sahara Go Recycling project is creating a ripple effect across Lagos, enabling households and communities to see value in responsible waste management. Through strategic partnerships, we are amplifying impact and building sustainable ecosystems for future generations.” She concluded: “At Sahara Group Foundation, we believe in EXTRApreneurship—building sustainable ecosystems through collaborations that inspire change. With Ijede now part of our network, we are one step closer to achieving a truly circular economy in Nigeria.” Sahara Group Foundation plans to expand the Go Recycling Initiative to more communities in Lagos and across Africa, reinforcing its mission of Building Sustainable Communities through EXTRApreneurship.               Source:https://energynewsafrica.com

Ghana: Energy Minister Launches GH¢1 Million Scholarship Fund For Constituents

Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, who also serves as the Member of Parliament for Yapei Kusawgu in the Savannah Region, has launched an Education Scholarship Fund with a seed capital of GH¢1 million to support brilliant but needy tertiary students in his constituency. According to the Minister, the initiative seeks to provide financial assistance to students across various levels of education—from basic to tertiary institutions—helping to ease the financial burden on parents and promote equal access to quality education. Speaking at the launch, Minister Jinapor reaffirmed his commitment to human capital development, emphasizing that education remains the most powerful tool for transforming lives and communities. He stated that the fund will be managed transparently to ensure that beneficiaries are selected based on merit and genuine need. “The Education Scholarship Fund forms part of my broader vision to empower the youth, improve educational outcomes, and promote sustainable development in the Yapei Kusawgu Constituency,” the Minister wrote on his Facebook page after the launch.       Source: https://energynewsafrica.com

Kenya Power Records KShs.24.47 Billion Profit After Tax Driven By Higher Sales And Improved System Efficiency

Kenya Power has recorded a profit after tax of KShs.24.47 billion( equivalent of $188,957,528.91) for the 2024/25 financial year, driven by lower costs of sales, higher electricity unit sales, and improved system efficiencies. However, the company’s profitability declined by 18.7% compared to the KShs.30.08 billion recorded in the previous financial year. The growth in profitability was supported by an increase in electricity sales, which rose by 887 GWh to 11,403 GWh — representing an 8% increase in sales — while total unit purchases grew by 787 GWh. The overall cost of sales declined by 4%, from KShs.150.6 billion to KShs.144.6 billion, resulting in savings of KShs.5.94 billion. The savings were largely attributed to the stability of the Kenyan shilling against major foreign currencies in which most Power Purchase Agreements (PPAs) are denominated. “The base tariff has been coming down over the last two years, reflecting the government’s commitment to lowering the cost of electricity. This is a positive move for consumers as it makes electricity more affordable, encouraging higher consumption. In turn, this will positively impact the company as we can leverage economies of scale to remain profitable. You can already see that impact in our results this year, as we sold more units at a lower price and still remained profitable,” said Kenya Power Managing Director and CEO, Dr. (Eng.) Joseph Siror. The company’s operating expenses decreased by KShs.3.86 billion, mainly due to lower expected credit losses, reflecting prevailing macroeconomic conditions and improved customer payment behavior. The utility’s Board of Directors has recommended a final dividend of KShs.0.80 per ordinary share, having already paid an interim dividend of KShs.0.20 per share in the first half of the year. “For the second year in a row, the company is paying out a dividend to investors, and we remain confident that as our financial performance improves, dividend payments will be sustained. Dividend payouts have significantly strengthened investor confidence in the company. The Kenya Power share price has appreciated by more than 900% — from a low of KShs.1.38 in December 2023 to over KShs.15. This performance reflects renewed investor confidence in our transformation journey and our capacity to deliver sustainable growth and long-term value,” said Joy Brenda Masinde, Kenya Power Board Chairperson. From a customer perspective, the company surpassed the 10 million customer mark, connecting 401,848 new customers during the period and expanding its total customer base to over 10.1 million. Kenya Power also improved its distribution and transmission efficiency to 78.79%, up from 76.84% the previous year, driven by ongoing grid upgrades, system reinforcement, and loss reduction initiatives.           Source: https://energynewsafrica.com

Chevron Appoints Kevin McLachlan To Lead Global Exploration

Chevron Corporation  announced that Kevin McLachlan will assume the role of Vice President of Exploration, overseeing the company’s worldwide exploration portfolio from Houston.

McLachlan will succeed Liz Schwarze, who will retire in February 2026 after more than three decades at Chevron.

The appointment marks a significant leadership transition within Chevron’s upstream division. McLachlan brings more than 30 years of international experience in exploration, production, and carbon management, having held senior positions at TotalEnergies, Murphy Oil, Nexen, and ExxonMobil.

His expertise spans oil and gas discovery, field development, and carbon capture and storage (CCS) initiatives—areas that align with Chevron’s evolving exploration strategy amid a changing energy landscape.

Clay Neff, President of Chevron Upstream, described McLachlan as “an experienced energy executive with a strong record of leading and driving exploration organizations to achieve industry-leading performance and value creation.”

Neff also praised Schwarze for her “thoughtful and collaborative leadership” across multiple Chevron businesses, noting her lasting impact on exploration performance and portfolio development.

Chevron’s exploration operations remain a cornerstone of its global upstream business, which spans major basins across the U.S., Africa, Latin America, and Asia-Pacific. The company continues to emphasize a dual strategy—expanding oil and gas production while reducing carbon intensity and developing new businesses in renewable fuels, hydrogen, and CCS.

The leadership change comes as oil majors reassess exploration strategies in light of capital discipline, geopolitical shifts, and energy transition pressures. McLachlan’s background suggests Chevron will continue pursuing technically driven, high-value exploration opportunities while integrating carbon management into its upstream operations.

Source: Oilprice.com

Ghana: Logistical And Infrastructure Challenges Among Causes Of High Fuel Prices – CBOD

The Chamber of Bulk Oil Distributors (CBOD) has identified logistical and infrastructure constraints as key factors contributing to the high cost of fuel in the Republic of Ghana. In an article, the CBOD noted that the limited mooring facilities contribute to delays in product discharge, resulting in higher demurrage costs that are ultimately passed on to consumers. “The government, since 2016, granted a 15-year exclusive right to GPMS to operate the SPM and CBM mooring facilities in Tema, thereby prohibiting the construction of any additional mooring facility along Ghana’s shores during this period. This exclusivity has created a monopoly, allowing GPMS to impose exorbitant discharge fees averaging US$8 per metric tonne (MT), significantly higher than the sub-regional average of US$5 per MT. These high fees are passed on to consumers through the PBU, contributing to higher pump prices,” a portion of the article stated. Below is the full article Logistical and Infrastructural Constraints in the Petroleum Downstream Among the many factors that impact the operations and efficiency of Petroleum Service Providers (PSPs) in the Downstream Petroleum Sector of Ghana is inadequate infrastructure. Infrastructure is the backbone of the petroleum sector, especially given the sensitive nature of petroleum products. Although emphasis has always been given to the impact of international price volatilities of Crude oil and the Cedi/US$ exchange rates as the main causes of the constant hikes in prices of fuel at the pumps, little is known about the cost borne by consumers due to the constraints of infrastructure in the sector. In Ghana, the pricing of petroleum products is guided by the National Petroleum Authority (NPA) pricing formula known as the petroleum products Price Build-Up (PBU). The PBU stipulates the indices that are considered in the estimation of the pump prices. The key components include International Price (FOB), Foreign Exchange (FX) rate, Suppliers’ Premium, and the constant conversion factors from metric tonnes to litres. The Suppliers’ Premium includes all the other costs incurred by the Bulk Imports Distribution and Export Companies (BIDECs) for importing the petroleum product, including discharge fees, storage and rack loading fees, bank financing costs, demurrages, sample analysis, etc. The higher the cost of the various components of the Suppliers’ Premium, the higher the price of petroleum products at the pumps. With regard to storage cost, available data indicates that Ghana is underutilising its installed petroleum products storage capacity. This implies that there is an oversupply of storage facilities for petroleum products. The tank-turn ratio, which is a measure of storage utilisation, reveals that the tank-turn for petrol, diesel, and LPG stood at approximately 26%, 28%, and 30% as of the end of 2023. Ghana’s storage cost of petroleum products is estimated to be the lowest in the sub-region, at about US$5/MT, due to the oversupply of storage facilities. However, the major cost components that continue to impact the pump price of petroleum products besides the depreciation of the cedi are huge demurrages and high discharge fees. Ghana currently has about four mooring facilities for the discharge of crude oil and other petroleum products from vessels offshore to storage terminals. These facilities include the Single Point Mooring (SPM) and Conventional Buoy Mooring (CBM) operated by the Ghana Petroleum Mooring Services Ltd (GPMS), the Tema, and Takoradi Oil Jetties. The SPM has a water depth of about 22.0m with an allowable draft of 17m, which connects tankers of a maximum of 155,000 DWT. It is mainly used for the discharge of crude oil. Available data indicates that the SPM discharges about 341,160 MT of crude oil annually. The CBM has a water depth of 18.0m with an allowable draft of 12.2m, which connects tankers with a maximum length of 203.0m, a breadth of 32.2m, and a maximum of 50,000 DWT. The CBM is the main discharge facility for white products, mainly gasoil and gasoline, through 12’’ hoses and 18’’ pipelines. It discharges over 3 mn MT of petroleum products annually. The Tema and Takoradi Oil Jetties are unable to receive larger vessels, which are the types of vessels typically used in delivering petroleum products in the sub-region. Although the Tema Oil Jetty is a multi-purpose product terminal that allows for the discharge and loading of petroleum and various petroleum products, it is typically not used for the discharge of petrol and diesel. The government, since 2016, granted a 15-year exclusive right to GPMS to operate the SPM and CBM mooring facilities in Tema. Thus prohibiting the construction of any additional mooring facility on the shores of Ghana during the 15 years. This exclusivity right has created a monopoly, allowing GPMS to impose exorbitant discharge fees of an average of US$8/MT, significantly higher than the sub-regional average of US$5/Mt. These high fees are passed on to consumers through the PBU, contributing to higher pump prices. Moreover, the exclusivity right has barred the construction of an additional mooring facility on the coast, thus amplifying vessel congestion (the struggle for vessels to berth and discharge products), given the fact the country’s import of petroleum products has surged from an average of about 3.66mn mt in 2018 to over 5.20 mn mt in 2024. The vessel congestion has also been exacerbated by a drastic decline in local production in recent years due to the shutdown of TOR’s refinery units, necessitating more imports. Data shows that national consumption has increased from 3.3omn mt in 2016 to 4.49mn mt in 2023, representing about a 36% increase without any infrastructure increase in the mooring system. Following the higher discharge fees, landlocked neighboring countries in the subregion patronize port facilities in other neighbouring countries for the importation of petroleum products. Data from the NPA shows that less than 8% of petroleum products imported into Ghana are being transited to Burkina Faso and Mali due to the low patronage of our ports owing to higher discharge fees. Total exports in 2016 stood at about 532,802 mt in 2016 compared to 314,234 mt in 2023. Petroleum products transited to Burkina faso, Mali and Niger through the ports of Ghana also declined from about 96,870 mt in 2016 to about 28,720 mt and 83,980 mt in 2018 and 2022, respectively. In order to minimize the persistent congestion at the CBM and the potential erratic supply of petroleum products, the NPA undertook to implement a laycan schedule that regulates the order with which BIDECs can have access to the CBM to import products. The laycan schedule regulates the days in which a vessel of a particular BIDEC importing product is permitted to berth at the CBM and discharge into the storage terminals. In as much as the laycan intervention is to ensure that at all times there are sufficient volumes of all petroleum products stock in the country, this system has led to stock imbalances; disproportional supply of petroleum products. Thus, posing a national security risk in the event of a prolonged technical breakdown of the CBM. Moreover, due to the increasing need to import petroleum products to meet increasing national demand, coupled with the limited discharge facility, vessels are delayed offshore beyond normal times. It is reported that some vessels are delayed for over 30 days. These delays result in unprecedented demurrages, which are ultimately passed on to consumers as higher pump prices. CBOD estimates the average demurrage incurred due to challenges with the discharge of products from vessels to be about US$1.5 mn to US$2 mn monthly. This is estimated to be about US$25 mn annually. Which is ultimately paid by the Ghanaian consumer. In conclusion, the 15-year exclusivity right given to GPMS is largely restricting the ability of BIDECs to import petroleum products regularly. It has also stifled competition in the sector, leading to higher discharge fees and huge demurrages. This also poses a looming national security risk, as a prolonged facility breakdown could severely disrupt petroleum imports. Given Ghana’s lack of strategic petroleum stock, such a scenario would have dire consequences. Moreover, the higher discharge fees continue to impede the transit and re-export of petroleum products to other countries. To address these challenges, the government must review the exclusivity right to permit the construction of additional mooring facilities. This would enhance competition, reduce discharge fees and demurrage costs, and improve the overall efficiency of petroleum product imports. By implementing these measures, Ghana can ensure a more resilient and cost-effective downstream petroleum sector while alleviating the financial burden on consumers. It will also incentivise the other landlocked countries in the subregion to patronise the Ghanaian port and storage depots for the import of petroleum products. Source: https://energynewsafrica.com

Nigeria: Osun’s Light: A New Era Of Electrification And Industrialization

By: Adetayo Adegbemle Osun State is standing at a pivotal moment, transitioning from a power consumer dependent on the often-failing national grid to an emerging regulatory and generation hub. With the recent passage of the Osun State Electricity Market Regulatory Bill 2025, the state has signalled a robust readiness to seize control of its electricity destiny, setting the stage for aggressive electrification and a corresponding boost in industrialization. This landmark legislation, a direct response to the Electricity Act 2023 which devolved power sector authority to states, is the essential policy framework required to power Osun’s economic future. The Legislative and Regulatory Foundation Osun’s preparedness is firmly rooted in its decisive legal and institutional actions. The Osun State House of Assembly’s passage of the Electricity Market Regulatory Bill 2025 is the foundational step. This bill paves the way for the establishment of the State Electricity Regulatory Agency (SERA) or Osun State Electricity Regulatory Commission (OSERC). This body will be empowered to: Issue licenses to private power producers, mini-grid operators, and other sector investors. Regulate and monitor the in-state electricity market. Set rules and standards for electricity generation and distribution. Address customer-service complaints and act as a watchdog against the alleged exploitation by existing distribution companies (DisCos) like the Ibadan Electricity Distribution Company (IBEDC). The state government, through the Ministry of Energy, has already been directed to develop a detailed implementation plan with clear timelines and deliverables. This proactive step, including a mandate to seek supportive assistance from the National Electricity Regulatory Commission (NERC), demonstrates a practical commitment to a smooth and effective transition of regulatory authority. The legal and institutional frameworks are not just proposed; they are rapidly being instantiated. Catalysing Electrification and Investment The new electricity framework is expressly designed to address the chronic power supply crisis in Osun and drive widespread electrification. By diversifying and regulating its power sources, the state aims to achieve self-sufficiency and even potentially export power to neighbouring states. Unlocking Private Sector Participation The new law is an open invitation to investors. The regulatory commission will grant licenses for off-grid and mini-grid power generation, providing a clear path for private firms to participate in the local electricity market. The key benefits for investors include:
  • Regulatory Certainty: A state-level regulator will provide clearer, more localized rules, removing bureaucratic hurdles previously managed at the federal level.
  • Diversified Energy Mix: Osun is rich in natural resources, including solar and river assets. The policy encourages the adoption of renewable energy (solar and hydro) to complement traditional power sources, attracting investment in clean and sustainable energy projects. This is critical for powering communities currently without grid access through schemes like the “Electrify Osun” program, which targets all towns and villages.
  • Consumer Protection: By regulating service delivery and addressing issues like arbitrary billing and lack of smart meters, the commission will create a more stable and predictable market environment, boosting consumer confidence and ensuring a more viable revenue stream for investors.
The Engine of Industrialization Reliable, affordable electricity is the bedrock of industrial growth. The persistent power shortages previously limited Osun’s industrial output. The new framework directly tackles this constraint, positioning the state for an industrial boom. Reliable Power for Businesses: Governor Adeleke himself stressed that a regular power supply is the “engine room of economic growth.” Industries, whether large manufacturing plants or small and medium enterprises (SMEs), require predictable, high-quality power to operate efficiently. The new decentralized market allows industrial clusters and new business hubs, such as the proposed International Trade Centre with its own independent power plants, to secure uninterrupted power supplies, thereby reducing operational costs and increasing competitiveness.
  • Attracting New Industries: The confidence provided by a state-controlled, transparent, and investment-friendly electricity market will be a significant factor for companies looking to establish new facilities.
By ensuring that industrial zones have priority access to stable power, Osun is making a strong case as a preferred destination for manufacturing and processing industries. Research has consistently shown that in Nigeria, the positive effect of electricity on economic growth is channeled primarily through electricity-induced industrial growth.
  • Economic Transformation: By resolving the chronic power crisis, the state is deepening and boosting its overall economy.
The investment in power infrastructure and generation creates local jobs, while the subsequent industrial expansion enhances the state’s Gross Domestic Product (GDP) and improves the living standards of its citizens. In conclusion, Osun State has moved past the planning phase and into the implementation stage of its electricity sector reform. The Electricity Market Law is the policy lightning rod that will attract the necessary private capital to electrify the state, diversify its energy portfolio, and finally provide the stable, regulated power that is essential to ignite a lasting and sustainable wave of industrialization. The path is clear: through regulatory independence and a strategic focus on energy self-sufficiency, Osun is ready to illuminate its future. Imole De!   Source: Adetayo Adegbemle is an Executive Director of PowerUp Nigeria is a leading power sector advocacy organization championing universal access to sustainable energy and resilient infrastructure. Through policy engagement, community empowerment, and partnerships, we strive to eradicate energy poverty and drive equitable development nationwide. Adetayo Adegbemle is also pivotal and involved in developing the State Electricity Market Law

Ghana: PRESEC Wins 2025 Energy Commission SHS Renewable Energy Challenge

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The Presbyterian Boys’ Senior High School (PRESEC-Legon) has emerged winner of the 2025 Energy Commission’s Renewable Energy Challenge after defeating five other schools at the grand finale of the highly patronised competition. PRESEC scored 81% at the grand finale held at the Accra International Conference Centre on October 7, 2025, with a project focused on “Sustainable Energy for a Healthier Future.” Their innovation, dubbed “Health Kiosk,” uses Artificial Intelligence (AI) to address challenges in Ghana’s healthcare delivery system by providing preliminary diagnoses and monitoring patients’ vital signs. For emerging as champions, PRESEC received a cash prize of GH¢220,000, along with renewable energy products, books, and other items. Judges and participating schools were impressed by the creativity and innovation of the PRESEC team, particularly their live demonstration of how the Health Kiosk operates—scanning users, checking vital statistics such as Body Mass Index (BMI) and blood pressure, and offering preliminary diagnoses through real-time interactions with patients. The students explained that the objective of their project was to provide basic healthcare services to rural communities, reduce the pressure on medical doctors, and bridge gaps in access to healthcare across the country. Ahantaman Girls’ Senior High School placed second with 79%, earning GH¢140,000 and other prizes for their creativity and clear presentation on clean energy sources. Ola Girls’ Senior High School came third with 76% and received GH¢100,000. Dabopka Technical Institute placed fourth with 75%, Adidome Senior High School fifth with 74%, and Damongo Senior High School sixth with 73%. Each received GH¢42,000 for their participation. In a speech read on behalf of the substantive Minister, the Chief Director at the Ministry of Energy and Green Transition, Mr. Solomon Adjetey Sowah, reiterated government’s commitment to advancing renewable energy and green technologies as part of Ghana’s transition towards cleaner and more sustainable energy. He emphasized the importance of youth participation, noting that students’ creativity and innovation are vital to Ghana’s energy future. He encouraged schools to continue developing practical solutions—such as biogas treatment and energy efficiency technologies—that can address real environmental challenges. The Acting Executive Secretary of the Energy Commission, Mrs. Eunice A. Biritwum, commended the students for their innovative projects addressing healthcare delivery, food security, and waste management, all contributing to Ghana’s sustainable energy future. She also announced support for these projects through a partnership with the Council for Scientific and Industrial Research (CSIR). A total of 120 schools participated in this year’s competition—comprising 99 mixed schools, 14 girls’ schools, and 7 boys’ schools. Out of this number, six schools qualified for the grand finale. The 2025 theme for the Energy Commission’s SHS Renewable Energy Challenge was “Sustainable Energy for a Healthier Future,” emphasizing the interconnection between food security, waste management, and healthcare delivery. Launched in 2019, the Energy Commission’s Senior High Schools Renewable Energy Challenge aims to foster interest in renewable energy and energy efficiency among students in Ghana’s secondary and technical institutions. The initiative is collaboration between the Energy Commission and the Ghana Education Service (GES) and serves as a platform for students to showcase innovative, locally sourced renewable energy projects.   Source: https:// energynewsafrica.com