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Posted By Admin on 30th Apr 2019   

The  World Bank has approved an International Development Association (IDA) fund of $150 million and another $74.7 million contingent recovery grant from the Clean Technology Fund to help increase off-grid electricity access for people in West Africa and Sahel regions. The…

Posted By Admin on 30th Apr 2019   

Transmission Company of Nigeria (TCN) says power generation has reduced due to emergency maintenance by Nigerian Gas Company (NGC) on the pipeline supplying gas to Egbin, Omotosho, Olorunsogo and Paras power stations. Mrs Ndidi Mbah, TCN’s General Manager, Public Affairs…

Posted By Admin on 30th Apr 2019   

Industry stakeholders have endorsed three comprehensive sectoral Nationally Appropriate Mitigation Action (NAMA) technology plans for renewable energy resources – solar, wind and biomass. The experts also validated the draft report from the international consultant on development of Monitoring, Reporting and…

Posted By Admin on 29th Apr 2019   

The economy of Nigeria, over the weekend witnessed a major setback as consumers – individuals, households, companies and others experienced prolonged power outages, following a huge drop of power supply from 4,000 megawatts to 2,039 mw. An authoritative report obtained…

Posted By Admin on 29th Apr 2019   

Worried by the monthly influx of inflated electricity tariff, otherwise described as “Crazy Bills”, some Lagos-based lawyers on Friday urged the Nigerian Electricity Regulatory Commission (NERC) to map out pricing guidelines for the benefit of energy consumers. They lawyers who…

Posted By Admin on 29th Apr 2019   

The Minister of Power, Works and Housing, Barrister Babatunde Raji Fashola’s incremental, steady and stable plan did not record a high success because a number of power projects initiated to boost the power supply situation in the country have either…

Posted By Admin on 26th Apr 2019   

Seplat Petroleum Development Company Plc said on Wednesday that it had taken a final investment decision to develop gas fields in Imo State and would raise $700m for the venture in partnership with the Nigerian National Petroleum Corporation. The Chairman…