The Federal Government has promised renewed investment in the power sector as a way of boosting ease of doing business in the country. Speaking on the second day of the three-day 2022 Equipment and Manufacturing West Africa Expo (EMWA), held […]
Day: 28 April 2022
Power Sector: FG Sinks More Funds Despite Low Performance
• FEC approves multi-billion naira contracts for electricity supply • NERC speaking for DisCos, a misplaced priority – Stakeholders • Repeated grid collapse pushes FG to revive $2.3b power deal • Experts seek involvement of states in DisCos, GenCos • […]
Experts Foresee Mini-Grid Accessibility To Bridge Power Supply Gaps
ABUJA – Experts in the power sector have estimated that over 100 million Nigerians lack access to electricity coming from the national grid, a situation that can be improved through solar mini-grids if adequately harnessed. The experts drawn from key power […]
FEC Approves Multi-billion Naira Contracts For Electricity Supply
In order to boost electricity supply across the country, the Federal Executive Council (FEC), presided over by President Muhammadu Buhari, has approved multi-billion naira contracts for the power sector. Minister of Power, Abubakar Aliyu, while briefing State House Correspondents, said […]
FEC Approves N10.48b, $27.09m For Power Sector
The Federal Executive Council, FEC, on Wednesday approved contracts worth N10.48 billion and $27.09 million respectively for the Federal Ministry of Power for the power sector. Abubakar Aliyu, minister of power, while briefing State House Journalists, after the weekly Council […]
Nigerian Government-German Siemens AG Electricity Deal Resumes, Targets 2000MW in Two Months
Since 2019 when the Nigerian government struck a power-generation deal with German company, Siemens, Nigerians were eagerly expecting the deal to disrupt the current epileptic electricity status quo and usher in a new order of constant electricity supply. Three years […]