INFRACON 2026 IS HERE!
Efficient infrastructure is everyone's concern.
Infrastructure deficits affect our businesses, public and personal lives.
Join NACCIMA for the biggest and largest infrastructure conference in Nigeria happening live in Abuja, the nation's capital.
INFRACON 2026 is a 2-day strategic platform for decision makers, investors, experts, and other stakeholders to chart the future of infrastructure development in Nigeria forward.
Theme: Mobilising Private Capital for Sustainable Infrastructure Development in Nigeria
Date: 14 and 15th July 2026
Location: AFREXIM AATC TOWERS Abuja, Nigeria
For sponsorship, partnership and enquiries, call +2348141704636 or +2348096293128
Some good news you might have missed last week:
- Nigeria's reserve grew to $51.03bn, the highest level in 17 years.
- Nigerian Police Force arrest 173 suspects, rescue 32 kidnap victims, recover 33 firearms in one week.
- Foreign investors injected $3.23bn into Nigerian bonds in 2026's Q1.
- Nigeria’s solid minerals sector attracted over $3bn in investments.
- Terror-related deaths down by 81% since 2015.
- EIB Global and DBN signed a €200m deal to support Nigerian SMEs.
- FG secured ₦200bn to establish the Cooperative Bank of Nigeria
- Nigeria launched the FreeTV platform with over 100 free-to-air television channels for citizens.
- Nigeria’s gas production rose to 7.93bn scf/day in May 2026.
- FG launched support scheme for cancer patients, with beneficiaries getting ₦100,000 each.
- NEC approved ₦83.2bn for flood prevention and emergency response across Nigeria.
- 320,000 farmers currently benefiting from the N250 billion allocated to small holders farmers.
- Nigeria launched the Nigeria-East and Southern Africa Air Cargo Corridor.
- Federal Government launched the Smart National Transport Data Bank.
- APC defeated its rivals again.
Enjoy the new week.
“Atiku Abubakar is now too old. I won’t support his presidential ambition. He has been contesting since 1993. Why didn’t he back a mentee? How time has passed.” - Chris Nwakobi
Road infrastructure under President Bola Ahmed Tinubu’s administration has been tremendous. From the East to the West, North to South, road projects are being constructed and completed. President Bola Ahmed Tinubu is delivering what he promised.
Nigeria First Policy: @NASENIHQ , @TheREANigeria Partner to Boost Local Solar Production.
Speaking after the signing, the Executive Vice Chairman and Chief Executive Officer of NASENI, Mr. Khalil Suleiman Halilu (@KSHalilu), disclosed that Nigeria spent more than ₦400 billion importing solar products in 2025 and over ₦200 billion in the first half of 2026 alone.
He said the figures underscore the urgent need to expand domestic manufacturing capacity, reduce import dependence, create jobs and strengthen Nigeria’s energy security.
Halilu noted that the partnership aligns with NASENI’s investment in Nigeria’s first 40-hectare Solar Industrial Park in Gora, Nasarawa State. The facility is expected to boost local solar production, meet rising energy demand and position Nigeria as a renewable energy manufacturing hub in Africa.
@officialABAT@abbaaliyu_@aonanuga1956@SundayDareSD@woye1
Read more here👇
https://t.co/cJp33bwXH7
“This is the first time we are having federal might in Ebonyi!!!”
- Excited citizens speak on the various projects being delivered by the Renewed Hope administration in Ebonyi state during the Renewed Hope National Media Tour in the South East 👏🏽👏🏽👏🏽
Video: The Public Enlightenment Movement visited the project site to assess ongoing works on the Kaduna-Kano-Maradi railway line being constructed by the Bola Ahmed Tinubu administration.
#TinubuSaiGodiya#PublicEnlightenmentMovement#NuhuAmanarNuhu
Photos: Our amiable National Security Adviser, Mallam @NuhuRibadu joined President @officialABAT to observe the Friday Juma’at Prayers at the State House Mosque, Aso Villa today.
“Foreign reserves rise to $51.04 billion, highest level in 17 years.”
“President Bola Ahmed Tinubu has stopped the bleeding of the Nigerian economy. It wasn’t easy but it was done. Now, it’s time for growth.” - Samson Esemuede, CFA
Energy in Nigeria: From potential to reality
Keynote Address by @OluVerheijen, Special Adviser to the President on Oil and Gas, at the Nigerian-British Chamber of Commerce Energy Day 2026
June 18, 2026
Distinguished members of the Nigerian-British Chamber of Commerce, Your Excellency the British Deputy High Commissioner, captains of industry, investors, regulators, development partners, ladies and gentlemen — good morning.
We meet under a theme that captures both the challenge and the promise of our time: energy in Nigeria, from potential to reality.
Nigeria has never lacked potential. We have oil. We have gas. We have sunlight, water, land, talent and scale. What we have lacked is conversion — the discipline to turn resources into results.
Reserves into production. Production into revenue. Gas into power. Power into productivity. Refining into supply security. And reform into confidence.
That is the work President Bola Ahmed Tinubu mandated us to do: to move Nigeria's energy sector from promise to performance.
Energy is not simply a sector. It is the foundation of national competitiveness. When energy works, factories run, farms process, transport gets cheaper, and government can invest in its people. When energy fails, every Nigerian pays — in diesel costs, food prices, lost jobs and pressure on the naira. That is why energy reform is economic reform.
When we came into office, the sector was under severe strain. Subsidies had become fiscally unsustainable. Foreign-exchange distortions had weakened investment.
Production was below potential. Power-sector debt was strangling the gas-to-power chain. The country had resources, but the system was not converting them into national value. So our first task was to stop the bleeding and rebuild the foundations.
First, we restored fiscal credibility.
Removing the fuel subsidy and reforming the exchange rate were hard decisions — but necessary. The results are visible. Total federation revenue rose to about ₦21 trillion in 2024, up from roughly ₦12 trillion in 2023 — nearly doubling in a single year.
And despite deregulation, we have avoided the chronic nationwide petrol queues that once defined scarcity.
Local production of petrol has moved from effectively zero in 2023 to about 48 million litres per day — for the first time in a generation, the majority of the petrol Nigerians consume is now refined here at home, not imported.
And this is where energy reform meets the strength of the naira. For decades, every cargo of imported petrol was a standing demand for scarce dollars — a structural drain that weakened our currency. As local refining has risen, that drain has eased: petrol imports fell from about ₦2.3 trillion in the first quarter of 2025 to under ₦90 billion a year later.
Fewer dollars spent on fuel means less pressure on the naira. Energy security and currency stability are not separate goals. They are the same goal.
Second, we restored production and investor confidence.
Crude oil and condensate production averaged 1.64 million barrels per day in 2025 — up by roughly 400,000 barrels a day since 2023, and the highest onshore level in two decades.
Over four billion dollars in international oil company divestments were concluded — deepening indigenous participation onshore while the majors refocus on deepwater and integrated gas. Pipeline uptime is now consistently high, and illegal refining sharply reduced.
Every additional barrel matters — for revenue, for jobs, and for the strength of the federation.
Third, we brought capital back.
Capital is not moved by speeches. It is moved by clarity, competitiveness and confidence. Through targeted presidential directives we improved the environment for deepwater, non-associated gas and midstream infrastructure — and we attacked the cost of doing business.
Contracting that once took thirty-six months now takes around fourteen — and we are driving toward a target of six.
Dear Nigerians, Stop throwing everything on President Tinubu.
Hold your Governors responsible, let them explain what they do with money they received from Federal Government.
President Tinubu will succeed by God's grace.
"The president was very, very surgical about the problems of the power sector in Nigeria at the national level during his Democracy day Speech. For me, the president should just go and remove the cancer. What is the cancer here? The cancer is that the power sector is in the hands of incompetent operators." — Energy Expert, Nick Agule
The construction of the Calabar-Abuja superhighway; one of the four major legacy projects of this administration is moving at a rapid pace and the people of the benefitting states are excited.
The road begins from the spur of the Lagos-Calabar Coastal Highway in Cross River State (Ndibe Beach, Afikpo). It traverses Ebonyi, Benue, Kogi, and Nasarawa states, and terminates at Apo in the Federal Capital Territory (Abuja).
The team @PBATMediaCentre spoke with some excited users as part of the ongoing Renewed Hope National Media Tour in the South East.
#SouthEastRenewedHopeTour
Peter Obi says there was no insecurity in Anambra during his time as governor, yet Governor Soludo has publicly stated that his father was kidnapped in 2009 they wanted N500m while Obi was in office.
We spoke with road users, engineers and other immediate beneficiaries of the recently completed Kuje Expressroad in FCT and the excitement is as strong as they come 👏🏽👏🏽👏🏽
DISCLAIMER: PBAT MEDIA CENTRE DENOUNCES FRAUDULENT GRAPHIC ATTRIBUTED TO IT
The attention of the PBAT Media Centre has been drawn to a fraudulent graphic currently being circulated on social media by Arise TV presenter, Rufai Oseni. The graphic prominently displays the official logo of the PBAT Media Centre and contains information that neither originated from nor was authorized by this organisation.
We categorically state that the graphic is false, misleading, and does not represent the position, communication, or publication of the PBAT Media Centre.
It is deeply concerning that a media professional would circulate content bearing the identity of an organisation without first verifying its authenticity. Such actions undermine the principles of responsible journalism, erode public trust, and contribute to the spread of misinformation.
The use of our official logo on a fabricated graphic constitutes a serious misrepresentation capable of misleading members of the public and causing reputational harm to our organisation. We reject the content in its entirety and dissociate ourselves completely from it.
We therefore call on Rufai Oseni to immediately remove the fraudulent graphic from all platforms under his control and issue a public retraction and apology for disseminating unverified and misleading information.
Failure to take corrective action will leave us with no option but to explore all legal remedies available under the law, including actions relating to intellectual property infringement, defamation, and the dissemination of false information.
Members of the public are advised to disregard the graphic and rely only on information published through the official communication channels of the PBAT Media Centre.
Signed
Tobi Matthew
Director General
PBAT Media Centre
Cc: @ARISEtv@BAT_lawyers@DOlusegun@aonanuga1956@abati1990@ataweweattorney