Sylva Seeks Establishment of Specialised Banks To Finance Sector Investments
The Minister of State for Petroleum Resources Chief Timipre Sylva seeks for the establishment of a specialized bank to finance…
DisCos Await FG’s Clearance on Electricity Tariff Increment on September 1
The Federal Government may effect another tariff increase on September 1, 2021, based on details contained in a new tariff…
Aggreko Drives Clean Energy in West and Central Africa
Aggreko, one of Africa’s leading energy companies has said that it has taken the campaign for the journey on transitioning…
Nigerians Spend $16.9-Billion Annually on Power Generation
Nigerians and their businesses spend about N7-trillion ($16.9-billion) annually on power generation, says Stephen Ogboko, a renewable energy expert, executive…
FG will end N30bn monthly electricity subsidy next year — Osinbajo
The Federal Government will next year end most of its subsidy payments in the electricity sector estimated at N30 billion…
FG targets 10,000MW of electricity from $3bn interventions
The Federal Government, yesterday in Abuja, said 10 Gigawatts (10,000MW) of electricity is feasible from an investment of $3 billion…
Africa Unlikely to Meet Universal Energy Access Targets – UNECA
The Economic Commission for Africa (ECA) on Tuesday 22 June 2021 unveiled findings of a study titled “Energy Prices in…
FG Plans to Sale Zungeru Power Plant
The federal government is considering selling the Zungeru hydro power project to private investors. According to findings, private investors have…
Epileptic Power Supply Costs Nigeria N10trn Annually ― World Bank
Despite various interventions by the Federal Government to improve the power supply in the country, the report has revealed that…
Nigerians May Pay More for Electricity Meters Soon
Meter Asset Providers, MAPs, are demanding an increase in the price of prepaid meters. They have asked the Nigerian Electricity…