The Board of Directors of the African Development Bank Group (AfDB) has approved a $20 million concessional investment to support the second phase of the Covid-19 Off-Grid Recovery Platform (CRP). The CRP is a blended finance initiative to unlock private capital for energy access companies to mitigate the negative impacts of the pandemic while advancing […]
Miffed by the poor performance of the power sector 12 years after the privatization of the power companies, the National Union of Electricity Employees (NUEE), on Thursday urged the Federal Government to urgently reverse the privatization of the ailing power sector entities. The union particularly rued the low performance of the electricity distribution companies (DisCos) […]
Nigeria’s Vice President, Prof. Yemi Osinbajo, on Wednesday departed Abuja for the United States (U.S) to seek global partnerships and support for Nigeria’s recently inaugurated Energy Transition Plan. The Senior Special Assistant to the President on Media and Publicity Office of the Vice President, Laolu Akande, gave this hint in a statement which indicated that […]
Nigeria’s Vice President, Prof. Yemi Osinbajo, has said that the Federal Government will need over $410 billion to successfully implement its Energy Transition Plan 2060, a roadmap to tackle the dual crises of energy poverty and climate change The Senior Special Assistant, Media & Publicity, to the Vice President, Laolu Akande, in a statement on […]
South Africa-based renewable energy company, WiSolar, has announced the launch of WiGo, its hybrid prepaid solar electricity platform for Nigeria and South Africa as part of its drive to provide environment-friendly electricity to millions of consumers in the two largest African economies. Through the green digital utility platform, WiSolar simplifies the delivery of solar electricity […]
South Africa-based renewable energy company, WiSolar, has announced the launch of WiGo, its hybrid prepaid solar electricity platform for Nigeria and South Africa as part of its drive to provide environment-friendly electricity to millions of consumers in the two largest African economies. Through the green digital utility platform, WiSolar simplifies the delivery of solar electricity […]
The Federal Inland Revenue Service (FIRS) has issued a tax credit certificate to Nigeria Liquefied Natural Gas Limited (NLNG), for the construction of the Bonny-Bodo road and bridge in Rivers State. While issuing the tax credit certificate last Thursday at the FIRS’ headquarters in Abuja to the company’s Deputy Managing Director, Mr. Olalekan Ogunleye, who […]
The Transmission Company of Nigeria (TCN) has appealed to electricity workers to suspend their proposed indefinite strike action scheduled to kick off from today (Wednesday) nationwide. The company’s Managing Director, Dr. Sule Abdulaziz, made the appeal in a letter to the workers after the National Union of Electricity Employees (NUEE) in a circular on Monday […]
The West African Power Pool (WAPP) has unveiled plans to create a Liquidity Enhancement Revolving Fund (LERF) for the Economic Community of West African States’ (ECOWAS’) regional electricity market. A statement issued on Wednesday by the General Manager, Public Affairs, Transmission Company of Nigeria (TCN), Mrs. Ndidi Mbah, quoted the Chairman, Executive Board of Pool, […]
The Federal Government on Tuesday inaugurated a Meter Generation Museum/Gallery at the National Meter Test Station, Oshodi, Lagos State. The Special Adviser on Media to the Minister of State for Power, Mr Iyali Peter, stated that the inauguration was performed through the Nigerian Electricity Management Services Agency (NEMSA) The Minister, Mr. Goddy Jedy-Agba, was quoted […]