Category: Energy and Power
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NEPAD rekindles hope, to electrify 80% household in Nigeria
The New Partnership for Africa’s Development (NEPAD) says it is targeting to electrify 80 per cent household in Nigeria by 2040. The Secretary to the Government of the Federation (SGF), Mr Babachir Lawal, made this known on Tuesday in Abuja at the launch of the NEPAD stakeholders meeting on Skills Initiative for Africa on Youth…
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Niger Delta: Osinbajo meets investors on Gas Park
The Federal Government opened talks with a consortium of investors to build a $20 billion gas industrial park in Niger Delta. Tagged the Gas Revolution Industrial Park, GRIP, Ogidigben, and envisaged to be a regional hub for all gas-based industries, the project will cover 2700 hectares with fertilizer, methanol, petrochemicals, & aluminium plants located in…
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DISCOs must write to notify consumers before disconnection – NERC
The Nigerian Electricity Regulatory Commission (NERC), an independent regulatory body with authority for the regulation of the electric power industry in the country has said the various electricity distribution company in the country must notify consumers in writing before attempting to disconnect their power supply. This was made known in a statement recently released and…
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Power generation hits 4,043MW as gas supply improves
The Transmission Company of Nigeria (TCN) says the nation’s power generation rose from 3,528 megawatts (MW) to 4,043 megawatts between Feb.1 and Feb.15. TCN, in its website, said that the 515MW increase in generation as at Feb.15 was due to slight increase in gas supply to some power generating companies (GENCOs). “The total output of…
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Nigeria, U.S. firms partner to power 25 communities
In a bid to seek alternative source of power supply in the country, a Nigerian firm, Community Energy Social Enterprises Limited (CESEL) has signed a 767, 512 dollars (about N241.6 million) Memorandum of Understanding (MoU) with Renewvia Energy Corporation, a U.S. firm. Dr Patrick Tolani, Managing Director of CESEL, a Nigerian privately owned firm signed…
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Consumers have right to resist payment when there’s no electricity – Fashola
…says I’ll resist too The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said electricity consumers in the country have right to refuse paying bills when they are not supplied. TheNewsGuru.com reports that the minister said this on Monday at the 12th Monthly Power Sector and Stakeholders’ Meeting in Ibadan hosted by Ibadan…
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We lost over 70% production capacity to vandalism in 2016 – NNPC
The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has said that the shortfall in gas supply for power generation is caused by militancy activities in the Niger Delta. The NNPC, in a statement in Abuja on Sunday by Mr Ndu Ughamadu, Group General Manager, Group Public Affairs…
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Nigeria loses $80bn annually to vandalism in Niger Delta – Kachikwu
The Minister of State for Petroleum, Mr Ibe Kachikwu, has said Nigeria loses over $80bn annually due to vandalism of oil facilities in the Niger Delta. Kachikwu made this known in Friday in Yenagoa at the resumed dialogue with Niger Delta stakeholders as part of the visit of Acting President, Prof. Yemi Osinbajo, to Bayelsa.…
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Gurara, Kaduna Power Stations to commence transmission soon – Fashola
Minister of Works, Power and Housing, Mr Babatunde Fashola, on Saturday said Gurara and Kaduna Power Stations would soon commence transmission into the National Grid. Fashola made the disclosure while addressing newsmen in Awka during his visit to Anambra. He said efforts were ongoing to ensure that the national power output was increased to 7,000…
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Nigeria to begin production of bio-fuel to supplement petrol imports-PPPRA
The Executive Secretary of Petroleum Products Pricing Regulatory Agency, PPPRA, Mr. Victor Shidok has said with the right policies, Nigeria should begin production of bio-fuels to augment petrol imports. Shidok said this in Abuja at a news briefing to introduce an upcoming workshop on Bio-fuel Development on Feb. 7. He explained that the workshop would…