U.S. to Pump $1 Billion Into Nigeria’s Power Sector

Just a day after U.S President, Donald Trump have a phone conversation with Nigeria’s President Muhammadu Buhari, Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest about one billion dollars on the power sector in Nigeria, the programme’s coordinator, Mr Andrew Herscowitz said. Herscowitz Read more

FG set to begin exploitation of Nigeria’s 12,220Mw hydro-power potential

The Federal Government yesterday said it would  spend N505.6 billion to complete 116 ongoing water projects across the country. It also said outstanding liabilities owed contractors handling some of the projects stood at N88.8billion as at last year, The Nation reports. Minister of Water Resources, Suleiman Adamu, who spoke in Abuja during the public presentation of Read more

FG reopens discussions on NIPP plants’ privatisation

  The Federal Government has reopened discussions with the preferred bidders for three of the 10 power plants built under the National Integrated Power Project (NIPP) and supervised by the Niger Delta Power Holding Company (NDPHC) Limited, The Nation reports. The power plants and their installed capacities are Calabar in Cross River State, 634megawatts (Mw), Read more

Egbin’s expansion plans on hold, to build LNG terminal due to pipeline attacks

According to Egbin Power Plc, Nigeria’s largest generator, power output in the country plunged to a fifth of this year’s peak after attacks on natural gas pipelines cut supplies of the fuel to electricity producers, Bloomberg reports. Total generation fell to 1,000 megawatts on Monday from almost 2,000 MW at the end of last week Read more

Hike in Nigeria and Ghana’s electricity tariffs gives business case for solar

Significant increases of utility tariffs in Nigeria and Ghana are improving the business case for solar by providing money to utilities and bringing competition to the power market, according to energy developers. Speaking to PV Tech at the Solar and Off-grid Renewables West Africa event in Accra, Ghana, Lord Gati, chief operations officer of renewables developer Axcon Read more

JEDC Begins Distribution of 120,000 Pre-Paid Meters

Electricity Distribution Company has commenced the distribution and installation of 120,000 prepaid meters in its four franchise-states of Plateau, Bauchi, Gombe and Benue. Its Managing Director, Mohammed Gidado Modibbo, stated this during the commissioning of the pre-paid electronic meters distribution which also saw the distribution of transformers and other materials of the company in Jos. Read more