The Association of Bureaux De Change Operators of Nigeria (ABCON) has canvassed the need for government to fast-track the implementation of the power sector reform programme as a desirable step towards providing stable electricity for households and businesses in the country. This is even as it called on its member-entities BDCs to adopt the principle […]
The Managing Director, Afam Power Plc, Mr Olumide Obademi, on Friday appealed to the Federal Government for adequate budgetary provision to enable the company remain competitive in the nation’s power generation market. He made the appeal in Afam, Rivers State when principal officials of the Federal Ministry of Power, Works and Housing embarked on a facility inspection […]
The latest report on Nigerians searching to buy or rent apartments that meet their needs by Reuters indicated that the number of the potential housing buyers and tenants was surging by the day, in spite of the sluggish growth of the nation’s economy. According to the latest news sourced from the online medium on Friday, […]
The Federal Government has unveiled plans to meet 30 percent of its energy needs from renewable energy sources by 2030. The Minister of Works, Power and Housing, Babatunde Fashola, gave this hint in his keynote address at the 2018 pre-conference workshop of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos The minister said that […]
The Federal Government and multilateral donor agencies are expected to sign three key transmission projects deals worth $956 million to be executed by the Transmission Company of Nigeria under its national grid expansion plan before this month ends. Already, a meeting had been held between the TCN and representatives of the multilateral donor agencies in […]
In furtherance of its sustained efforts to improve the nation’s electricity transmission infrastructure, the Federal Government at the weekend disclosed that N72 billion had been provided to execute key transmission network projects under a 10-Year Plan. The Minister of Power, Works and Housing, Babatunde Fashola, was quoted as giving the hint at the end of […]
The United States Center for Strategic and International Studies, CSIS, has said that Nigeria’s lingering problem of power deficiency remained the nation’s problem to grow economically and called for a partnership with Nigeria to help build a robust modern power sector. The centre in its report released on Wednesday indicated that the country’s electricity generation […]
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has described the nation’s power sector development over the past few years as epochal in terms of volume of power beign generated and distributed to consumers when compared with the electricity supply rate in the past. Fashola, in a speech he delivered at the Nigeria-South […]
The Minister of Power, Works and Housing, Babatunde Fashola, on Thursday said that transmission expansions works were being implemented in at least 90 locations in furtherance of government’s efforts to improve on-grid electricity supply nationwide. The minister made the disclosure during the commissioning of 2×100MVA – 132/33kv power transformers at Ejigbo Transmission Substation in Lagos. […]
Power generation companies (GenCos) in the country have listed six conditions that must be met by the Federal Government in order to avert a nationwide blackout. The first condition set by the GenCos for immediate consideration of the government is the payment of the outstanding balance due to them under the N213 billion Nigeria Electricity […]