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Posted By Admin on 17th Nov 2017   

The Hon. Minister of Power, Works and Housing, Babatunde Fashola, has reiterated the federal government’s commitment to pursuing renewable and low carbon energy at low cost to a logical conclusion in the near future.  Fashola reaffirmed this yesterday in his…

Posted By Admin on 17th Nov 2017   

A former Minister of Power, Prof. Barth Nnaji, has charged South-East leaders and governments to find ways of funding power projects, to ensure rapid development of the region. Nnaji, who is also the Chairman, South-East Region Economic Development Company (SEREDEC),…

Posted By Admin on 16th Nov 2017   

The Nigerian government has entered into an agreement with three joint venture (JV) partners to begin the processes of executing the 3,050MW Mambilla hydroelectric power plant in the Taraba State. Through this pact the partners comprising of China Gezhouba Group Corporation, Sinohydro…

Posted By Admin on 16th Nov 2017   

The Minister of Power, Works and Housing, Babatunde Fashola has attributed the progress achieved in the power sector to ceasefire by militants in the Niger Delta. In a remarks by the minister at the 21st monthly power sector operators meeting held…

Posted By Admin on 16th Nov 2017   

The Federal Government has declared that power distribution companies (Discos) are going to start paying interest on the debt they owe the electricity Market Operator (MO) since the commencement of the Transitional Electricity Market in January 2015, The Punch reports. It was…

Posted By Admin on 15th Nov 2017   

The Minister of Power, Works and Housing, Mr. Babatunde Fashola on behalf of the Federal Government, has signed the contract for the 3,050 megawatts (mw) Mambilla hydropower project valued at $5.792 billion (about N2.096 trillion) in Taraba State, Daily Trust reports. Fashola while…

Posted By Admin on 15th Nov 2017   

ELECTRICITY consumers, especially bulk users now have an option as the federal government has approved a new policy to enable them buy power directly from the electricity generating companies, GenCos. DiscO official disconnecting lines on electric pole The policy which…