Commending the creativity and resilience of young industrialists, Sanwo-Olu urged them to tap into the opportunities made available by the state government. He said that some of these were finances, entrepreneurship and technical support. Sanwo-Olu said they could use these […]
Month: November 2021
The Price Hike Of Electricity Meters
[files] Prepaid meters. PHOTO: Amos Kobor A price increase of about 30 per cent announced lately on electricity meters countrywide is not the best thing that can happen to the power sector which is already characterised by inefficiency in distribution, […]
Africa’s Power Generation Gains 52GWs In Five Years, Says AfDB
FILE PHOTO: Electricity pylons PHOTO: REUTERS/Neil Hall/File Photo<br /> • Access to electricity pegged at 54 per cent as Nigeria lags in regulatory improvement • Egypt, Morocco, Nigeria, South Africa control 70% of regional manufacturingAfrica’s installed capacity generation gained 52 […]
Will New Investment In Yola Disco Address North East Electricity Challenges?
CHIKA IZUORA, in this report, considers new investment in the Yola Disco and implications of electricity challenges in the North East of the country The administration of Olusegun Obasanjo initiated a Power Sector Reform that ended the old Nigeria Electric […]
Lagos Develops Policy To Drive Electricity Sustainability
Governor of Lagos State, Babajide Sanwo-Olu The Lagos State Government says it has developed an electricity policy and strategic framework that is expected to drive development toward a future of secured and sustainable electricity supply. Head of Power Department, Lagos […]
Lights Out, Addressing The Fundamentals?
Thursday November 25, 2021 / 01:48 PM / by CSL Research / Header Image Credit: Guardian Nigeria As part of President Muhammadu Buhari’s administrations move to bridge the wide gap of unmetered population in Nigeria, efforts are ongoing to commence the second […]
Power: CBN Says It Has Disbursed N47.66 Billion To Acquire 858,026 Meters
The Central Bank of Nigeria (CBN) reported that it has so far disbursed the sum of N47.66 billion to Electricity Distribution Companies under its mass metering scheme, acquiring 858,026 meters. This was disclosed by Godwin Emefiele, CBN governor at the recently held […]
President Buhari, COP26 Summit and the Fallacy of Gas Economics! By NICK AGULE
Introduction On 2nd November 2021, President Muhammadu Buhari took to the podium at the UN Climate Change Conference Glasgow 2021 tagged COP26 (26th meeting of the Conference of Parties). In what I consider to be President Buhari’s best speech ever, he said: […]
‘How Rehabilitation Of Key Power Infrastructure Will Aid Electricity Supply’
Power supply The Transmission Company of Nigeria (TCN) is expecting improvement in the supply of electricity across the country as the government begins rehabilitation of key power infrastructure.Specifically, the government-owned agency is expected to rehabilitate and replace old circuit breakers […]
NBET Licence Renewed For Another Three Years
The Nigerian Electricity Regulatory Commission (NERC), yesterday, renewed licence of Nigerian Bulk Electricity Trading Company (NBET) for another three years. Created in 2010 as an intervention agency, NBET is managing and handling administration of electricity pool in the nation’s power […]