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Posted By Admin on 9th Oct 2017   

President of the ECOWAS Commission, Marcel de Souza, has urged international communities, investors and experts in the energy sector to give priority to investing in Nigeria’s power sector, as this would certainly contribute to improving access to electricity in the…

Posted By Admin on 9th Oct 2017   

The Minister of State, Mines and Steel Development, Mr Abubakar Bwari, while speaking at the Annual Powering Africa: Nigeria Investment Summit on Thursday in Abuja, urged local and foreign investors to channel their investments into the huge deposits of coal…

Posted By Admin on 9th Oct 2017   

As persistent power outages continue to haunt industrial zones, causing production shortfalls and raising cost, Nigerian manufacturers are increasingly generating power on their own, with annual self-generating capacity in the industry put at 13,223 megawatts, Business Dayreports. The figure emerged from…

Posted By Admin on 9th Oct 2017   

The Enugu Electricity Distribution Company, EEDC, Friday, announced the introduction of whistle blowing policy. The policy, according to the company’s head of communications, Mr. Emeka Ezeh, is a measure to checkmate endless power theft. Ezeh said apart from the ‎whistle…

Posted By Admin on 6th Oct 2017   

The Federal Government has said verified debts owed by ministries, department and agencies, MDAs for electricity consumed would not be paid directly to electricity distribution companies, DISCOs, but would be deducted from their outstanding debts to the government.  The distribution…

Posted By Admin on 6th Oct 2017   

The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for approximately JPY 10 billion sold to the Dai-ichi Life Insurance Company, Limited, the sole investor in the transaction. The “Light Up and Power Africa”…

Posted By Admin on 6th Oct 2017   

Seven Energy says it has satisfactory met all the conditions precedent to the long term Gas Sales Agreement, GSA, for the supply of gas by Accugas Limited to the Calabar Integrated Power Project, IPP. The Calabar GSA which ticked off…