National Oil Corporation:
NILEPET Leadership Advances Institutional Reform Amid Regional Challenges

National Oil Corporation:
NILEPET Leadership advances institutional reform amid regional challenges. ​JUBA, South Sudan — February 13, 2026 — The Public Relations Department of Nile Petroleum Corporation (NILEPET) wishes to address the recent circulation of reports targeting the reputation of the National Oil Corporation.

​On Inaccurate and Outdated Reporting back to 2013 _ 2019:

NILEPET notes with concern that several reports currently being circulated rely on data from over a decade ago. We categorically state that information from ten years ago cannot be used to evaluate the operational reality of today. Furthermore, we clarify that the absence of a published audit at this specific moment does not, in any way, justify unfounded allegations of financial misconduct.

We urge the media and international observers to exercise restraint and maintain professional standards, as spreading misinformation only serves to damage the nation’s reputation.
​
Leadership and Staff Welfare

Under the visionary leadership of Managing Director Emmanuel Athiei Ayual, the current management team is working tirelessly to restore institutional integrity. This new era of leadership began with a firm commitment to the people of South Sudan.
​In the last 100 days alone, the management has successfully launched intensive programs focused on staff welfare and technical capacity building.

This internal transformation is not a one-time event, but a continuous process of meeting international corporate standards. By investing in our employees, we are ensuring that NILEPET remains a competitive and professional player on the global stage.

Operationa Resilience in Times of Crisis

Despite the severe logistical and economic challenges posed by the ongoing war in neighbouring Sudan, NILEPET continues to work hard to produce oil and stabilise the national budget. Our commitment to the Republic of South Sudan is unwavering.

NILEPET

​The fact that our international partners continue to work seamlessly with NILEPET within the DPOC, SPOC, and GPOC JOCs is a clear sign of collective responsibility and trust. It is a testament to our good management that oil production has been maintained, ensuring the country remains economically resilient during these difficult times.

A Message to Stakeholders

MD Emmanuel Athiei Ayual and his management team are dedicated to a transparent and professional future. We assure the public, our international partners, and global finance indicators that we are restoring the situation with urgency. NILEPET will provide all necessary information and progress updates in due time as we continue to professionalise our operations.

​We remain the cornerstone of South Sudan’s economy, moving forward with integrity and a focus on national development.
​
The Department of Public Relations
Nile Petroleum Corporation (NILEPET)
Juba, South Sudan

Akwa Ibom Sets To Establish Electricity Regulatory Commission, Concession Power Plant

Akwa Ibom sets to establish electricity regulatory commission, concession power plant. Mr Robson said the development was part of efforts to improve electricity supply across the state.

News Agency of Nigeria • February 14, 2026
Akwa Ibom
Akwa Ibom
The Akwa Ibom government says it has commenced the process of establishing the State’s Electricity Regulatory Commission as well as concessioning of the Ibom Power Plant.

Iniobong Robson, the state’s commissioner for power, disclosed this on Saturday in Ikot Abasi Local Government Area of the state.

Mr Robson explained that the development was part of efforts to improve electricity supply across the state.

He also said that the development followed the signing of the amended Electricity Act by President Bola Tinubu, which empowered states to generate, distribute and regulate electricity within their jurisdictions.

According to him, the amended version of the electricity Act 2023 which has just been signed by the president, now empowers states to take charge of both generation and distribution of electricity.

He added that the state government was taking advantage of the new legal framework to assume greater control over its power sector and address persistent electricity challenges.

He revealed that within the shortest possible time, the state government would constitute a seven-member Electricity Regulatory Commission comprising five commissioners and two principal officers.

The commissioner also revealed that members of the commission would be selected based on professional competence, technical expertise and integrity to ensure effective regulation of the state’s electricity market.

Mr Robson noted that the state was strategically positioned to drive power sector reform, citing its vast gas reserves and the existing Ibom power plant as critical assets.

“The state-owned power plant will be revitalised through concession to a technically and financially capable operator to enhance efficiency and increase generation capacity.

“The goal is to ensure full commercial operations and improve service delivery to residents,” he said.

He added that within six months of establishing the commission, regulatory oversight of electricity distribution within the state would begin transitioning from the federal regulator to the state authority.

According to him, this is in line with the provisions of the amended law.

Electricity Regulatory Commission

He explained that while transmission of electricity would remain under federal control, the state could generate surplus power for export to other states through the national grid.

The commissioner acknowledged complaints from residents in some parts of the state over poor electricity supply, assuring that reforms were designed to address infrastructure deficiencies and improve service delivery.

He also said that the state government had developed a 10-year roadmap for the power sector, which include infrastructure upgrades, technical reviews and stakeholder engagement.

Mr Robson expressed optimism that the reforms would position Akwa Ibom to achieve stable and reliable electricity supply in the long term.

NNPC Post Record 5.76trn Naira Profit In 2025

Key Highlights:

NNPC post record 5.76trn naira profit in 2025– _”The company recorded a profit after tax of N5.76 trillion for the year and remitted N14.706 trillion to statutory government agencies.”

NNPC Monthly Report Summary

Revenue Breakdown: Total revenue for 2025 was N60.51 trillion, with statutory payments to government agencies and partners amounting to N14.7 trillion.

NNPC

”Crude oil and condensate production averaged 1.54 million barrels per day in December 2025, down by 3.75 percent from 1.6 million bpd in November 2025.” NNPC

Gas Production : Natural gas output stood at 6.914 billion standard cubic feet per day in December 2025.

Infrastructure Progress : Ajaokuta-Kaduna-Kano (AKK) gas pipeline reached 91% completion, while Obiafu-Obrikom-Oben (OB3) pipeline project is on track