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Posted By Admin on 25th Jan 2019   

Eskom says its distressed financial position and rising municipal debt poses a risk to its sustainability. Rising municipal debt, coupled with Eskom’s poor financial and operational performance pose a systemic risk to the sustainability of the company, said chief financial…

Posted By Admin on 23rd Jan 2019   

Stories By Chineme Okafor in AbujaA total of 43,000 households and businesses in rural communities across Nigeria will be electrified by mini grid power systems and solar home systems (SHS) to be built with the N1, 952,583,434 billion sourced by…

Posted By Admin on 18th Jan 2019   

The Rural Electrification Agency (REA) has signed an agreement for N1.952 billion grants to 26 private sector developers to provide off-grid electricity to rural areas. The Managing Director of REA, Mrs Damilola Ogunbiyi during the signing ceremony at the REA…

Posted By Admin on 17th Jan 2019   

The recently released November 2018 edition of the Monthly Business Expectations Survey Report of the Central Bank of Nigeria (CBN) has revealed the seemingly obvious fact that the single most compelling factor constraining businesses in Nigeria is insufficient power supply.…

Posted By Admin on 15th Jan 2019   

The Nigerian Electricity Regulatory Commission says that consumers are indebted to the electricity distribution companies to the tune of N62.2 billion Naira in a space of three months. According to NERC in its latest report on the commercial performance of…

Posted By Admin on 9th Jan 2019   

Ojo, Ayodele Anthony is the Country Manager, D.light, a global solution energy company and pioneer in delivering affordable solar-powered solutions designed for the two billion people in the developing world without access to reliable energy. In this interview with Sebastine…

Posted By Admin on 8th Jan 2019   

The Benin Electricity Distribution Company, BEDC, PLC, has announced successful reconnection of 42 communities within its franchise states of Delta, Edo, Ondo and Ekiti states which were hitherto without power supply to the national grid, as at end of November 2018.…