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Energy in Brief: 7 November 2026

TCN and Ikeja Electric trade blame over Band A cuts, a State House petrol station turns to CNG, and oil ends its worst week since 2022.

A high-resolution aerial drone photograph of Bodija, one of the most prestigious residential and commercial districts in
Photo: Tunde Buremo on Unsplash

In 30 seconds

  • TCN says most cuts on Ikeja Electric's feeders came from low generation, not the grid, and none from its own equipment.
  • An old State House petrol station in Abuja now sells CNG; the government says 2,000 more units are coming.
  • Brent settled at $98.32 on Friday, but fell about 13 per cent over the week.
  • NNPC's September report shows petrol at only 54 per cent of its retail stations.

The day's energy news in a few minutes.

Power

Ikeja Electric blamed Band A outages on 3 and 4 November on "grid instability". The Transmission Company of Nigeria disagreed. It says that on 1 and 2 November, 68 per cent of interruptions on feeders serving Ikeja Electric were load shedding because too little power was generated, 26 per cent came from the DisCo's side and 6 per cent from TCN's planned work. Read more. Confused about who does what? Our simple guide.

The WAPP North Core line, linking Nigeria with Niger, Benin, Togo and Burkina Faso, is more than 75 per cent complete, TCN says. Nigeria's 330kV section is still being built. Read more.

Lagos will hold its energy summit from 10 to 12 November, P.M. News reported, with metering, renewables and state control of power on the agenda. We have not yet seen the dates on a Lagos government page.

Gas and CNG

A disused State House petrol station in Karu, Abuja, reopened on Friday as a CNG station and conversion centre, paid for by Rolling Energy. The head of the Presidential CNG Initiative said it was about the programme's 106th station and that 2,000 more refuelling units have been ordered. Read more.

Nigeria's LNG deliveries rose about 30 per cent between January and October from a year earlier, BusinessDay reported, citing the International Energy Agency.

Cooking gas is still climbing. BusinessDay says Dangote's LPG gantry price rose to ₦1,000 a kg and five Lagos depots were at ₦1,450 on 5 November. Legit.ng's checks found up to ₦1,900 a kg, or ₦23,750 for 12.5kg, in Katsina-Ala, Benue. Earlier figures from Legit.ng put Dangote's gantry price differently, so treat the exact gantry figure with care.

Oil

Brent crude settled at $98.32 a barrel on Friday, up 3 cents, Bloomberg reported via Rigzone. Over the week it fell about 13 per cent, its biggest weekly drop since 2022.

NNPC's September report shows profit of ₦509 billion on revenue of ₦4.61 trillion, and output of 3.04 million barrels of oil equivalent a day, Nairametrics and Business Post reported. It also shows petrol was available at only 54 per cent of NNPC Retail stations.

NUPRC's 2025 annual report shows 215.09 billion cubic feet of gas was flared last year, 7.89 per cent of output, up from 7.61 per cent in 2024, BusinessDay reported.

A drillship has reached TotalEnergies' Akpo field, with drilling due to start on 13 November under a four-well contract. Read more.

Fuel

The regulator NMDPRA and the EFCC sealed a site in Ogun where oil sludge was heated into suspected diesel. Read more. Is cheap diesel safe?

Tanker drivers in the NUPENG union have been told to finish depot work by 6pm because of armed robbery and hijacking on the roads, Daily Trust reported. We have not seen the union's own statement or a start date. Loading in and around Lagos could slow.

Africa

South Africa cut diesel by more than R1 a litre from 4 November, helped by a temporary fuel tax cut. Read more.

Drone strikes on Sudan's power stations have pushed its grid towards collapse, AP reports. Read more.

Eni and its partners have started a 10-month drilling campaign for Coral North floating LNG off Mozambique, aiming to start up in 2028. A joint venture of Mozambique's national oil company and Saipem is doing the drilling.

Egypt has put off five of the 15 LNG cargoes due in November, with a cargo now costing over $100 million, an unnamed official told Egypt Daily News. The African Development Bank put $66 million into a 500 MW solar and battery plant in Qena that will sell power to aluminium maker EgyptAlum.

Sources

  1. TCN: Press release on IKEDC Band A outages (6 Nov 2026)
  2. TCN: WAPP North Core project reaches 75% completion (5 Nov 2026)
  3. ThisDay: Presidential CNG Initiative launches new Abuja facility (7 Nov 2026)
  4. Rigzone (Bloomberg): Oil posts biggest weekly drop since 2022 (6 Nov 2026)
  5. Nairametrics: NNPC records ₦4.61 trillion revenue, ₦509 billion profit in September (4 Nov 2026)
  6. Business Post: NNPC posts ₦509bn profit as revenue hits ₦4.61trn in September 2026 (4 Nov 2026)
  7. BusinessDay: Nigeria's gas flaring rises as producers waste 215 billion cubic feet (6 Nov 2026)
  8. BusinessDay: Nigeria's international LNG supply rises 30% in 10 months, IEA (6 Nov 2026)
  9. BusinessDay: Households to pay more for cooking gas as gantry price hits ₦1,000/kg (6 Nov 2026)
  10. Legit.ng: Cooking gas prices rise to ₦1,900/kg as dealers release new rates (6 Nov 2026)
  11. Daily Trust via AllAfrica: NUPENG directs tanker drivers to end depot operations by 6pm (6 Nov 2026)
  12. P.M. News: No more power woes? Lagos unveils new electricity plan (6 Nov 2026)
  13. Eni: Beginning of the drilling campaign for the Coral North FLNG project (2 Nov 2026)
  14. World Oil: Eni begins drilling for Coral North FLNG offshore Mozambique (4 Nov 2026)
  15. Egypt Daily News: Egypt delays five LNG shipments in November as cargo costs double (3 Nov 2026)
  16. SolarQuarter: AfDB invests $66 million in Egypt's 500 MW solar and battery project (5 Nov 2026)
  17. Devdiscourse: Solar energy to power Egypt's aluminium industry through $66 million AfDB deal (3 Nov 2026)

Spotted an error? Tell us and we will fix it and say so.

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