“We rushed into renewable energy without any thought. The schemes are largely hopelessly inefficient and unpleasant. I personally can’t stand windmills at any price” -James Lovelock. “So the conservative who resists change is as valuable as the radical who proposes […]
Day: 13 September 2021
N2trn Power Subsidy, Interventions Gulp 6% of CBN’s Balance Sheet –Report
Except urgent steps are taken, the balance sheet profile of the Central Bank of Nigeria(CBN) may dip further as a report by Agusto & Co has revealed that multiple interventions, which included subsidies to the power sector . have gulped about […]
NEMSA Stresses Appropriate Electricity Metering
The Nigerian Electricity Management Service Agency (NEMSA) is creating a team of qualified metering personnel to ensure correct billing and liquidity in the market. Speaking on the sidelines at the inauguration of the Eko and Oshodi zonal electricity metering installation […]
The State of Nigerian Electric Power Industry: Is There Any light At The End Of The Tunnel?
As the Electric Power Industry (the Industry) announced yet another review of electric tariffs in January 2021, after much deliberation and delays, a key question that comes to mind is ‘will a rise in tariffs result in better power supply?’ […]