Reps seek to create renewable energy agency
The House of Representatives on Thursday moved to amend the Power Sector Reform Act of 2005, to strengthen the sector for efficient service delivery; and for related matters.
Rep Magaji…
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Nigeria Power Sector
FEC approves four power projects to improve transmission, distribution
The federal executive council (FEC) has approved four power projects that will improve the transmission and distribution of electricity.
Saleh Mamman, minister of power, announced this to…
Nigeria government boosts West African Power Pool with $2m contribution
The Federal government on Wednesday approved Nigeria’s contribution of $2 million to the 2020 budget of the West African Power Pool (WAPP).
The Power Pool which covers 14 of the 15 ECOWAS…
2017- A year of mixed fortunes for Nigeria’s power sector
This year has had its “ups and downs” and the power sector is no exception. The year started with a generally low mood in terms of the quantum of power generation available for distribution…
Nigeria’s offgrid market in focus as French Week opens today
The French Week, one of the biggest bilateral events in Nigeria begins today and the highlight of this year’s event will be on how businesses in the off-grid power sector can attract new…
Privatisation in power sector has failed – Senate
Privatisation of the power sector in Nigeria has failed, the Senate declared on Wednesday.
To this end, the upper legislative chamber called for review of the privatisation of the power…
Strong, enforceable financial guarantees essential to boost investment in power…
With significant supply demand imbalance in the Nigerian power sector and the growing challenges of liquidity, industry operators insist that only strong and enforceable financial guarantees…
Fashola declares customer eligibility categories in the power sector
In a major policy directive, the Minister of Power Works & Housing, Babatunde Raji Fashola, has declared four (4) categories of eligible customers in the Nigerian Electricity Supply…
Osinbajo announces new strategy to derisk Nigeria’s cash-crunched power sector
Acting President Yemi Osinbajo said on Tuesday that the federal government is investing some hundreds of billions of naira in an assurance scheme that would provide the much needed liquidity…
Unlocking the power value chain’s potential
The issues around power generation and supply continue to pose challenges on different fronts in Nigeria. The many economic challenges being faced in Nigeria continue to be attributed to the…