Nigeria’s electricity market is open for investment, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said yesterday. He assured foreign investors that the country’s electricity sector is ripe for investment and transformative growth. Edun spoke at the African Energy Summit in Dar es Salaam, Tanzania. He addressed a gathering of selected investors […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced the rollout of gas licenses to qualified players in the sector, following frequent collapse of the national grid. The grid that has so far recorded one collapse this year after more than 10 incidents in 2024 has plunged several parts of the country into hours of […]
https://www.premiumtimesng.com/business/business-news/768940-how-we-plan-to-spend-n8-billion-budgetary-provision-minister.html
….Says proposed N8bn electricity bill payment, height of profligacy, corruption By Victor Ahiuma-Young The Nigeria Labour Congress, NLC, has blamed the frequent grid collapse in the country on what it described as incompetence of the Minister of Power and National Electricity Regulatory Commission, NECR. It also rejected the proposed use of N8 billion to sensitise […]
https://thenationonlineng.net/new-132-33kv-transmission-sub-station-to-boost-power-supply-says-adelabu
According to reports, the victim met his untimely demise while attempting to vandalize the facility with a group of accomplices, who fled the scene and remain at large. Tragedy struck in Yola, the Adamawa State capital, on Sunday, as the lifeless body of a man was discovered near an electricity transformer. According to reports, the […]
PowerGen Renewable Energy has partnered with the African Development Bank and other leading international investors to establish a scalable, distributed renewable energy platform. The platform targets deploying 120 megawatts of renewable power in Nigeria and other African countries, including battery energy storage. In a statement on Sunday, PowerGen disclosed that the platform is also a […]
The Transmission Company of Nigeria has said that over 18 transmission towers were vandalized between January 9 and 14, 2025.The company disclosed this in a statement on Sunday by its spokesperson, Ndidi Mbah. According to TCN, the incident happened in Rivers, Abia, and Kano States.TCN said that the incessant attacks posed a serious threat to […]
The MD/CEO, Dr. Umar Hashidu receives Ningbo Sanxing, a contractor supplying meters for the DISREP phase 1 project at his office today, 16/01/2025.