Tag: Power
West Africa Will Begin Cross-Border Sale Of Electricity In 2020
From 2020, West Africa will commence cross-border sale and distribution of electricity among member states of ECOWAS.
This is according to Chairman of Regulatory Council of...
Elumelu’s Transcorp approves $2.5b for Nigeria’s power sector
By Ngozi Egenuka
Nigerian business mogul has approved to invest as much as $2.5 billion in power projects across Nigeria.
The chairman of United Bank for Africa Plc...
Nigeria’s power sector loses N108bn revenue in 3 months
Nigeria’s power sector has lost N108.652 billion revenue between January and March due to various constraints, representing an increase of about N10.924 billion or...
Good news as Enugu Disco set to improve power supply in South...
By Ngozi EgenukaÂ
Electricity consumers in Awka, Anambra State and Owerri, Imo State will soon begin to enjoy improved power supply due to the level...
Nigeria’s power generation drops 3456MW, losing 1,108MW
By Ngozi Egenuka with Agency Report
Electricity generation in the country plunged to 3,456 megawatts on Tuesday, losing 1,108MW in seven days, according to the...
Power failure: Nigeria’s crude prices may crash further this week
Prices of Nigeria’s crude grades may crash further downwards this week due to persistent power failure at the export facility, sources close to the...
Nigeria loses nearly half of its power output after fire incident
A fire at a Nigerian pipeline interrupted gas supplies to companies generating more than 3,000 megawatts in Africa’s most populous nation, the government said.
The...
Government hires nine firms to monitor privatized power assets
By Dirisu Yakubu with agency reports
The Bureau of Public Enterprises (BPE) yesterday opened bids for nine companies seeking to be hired as consultants to...
Osun promises investors regular power supply
By Dirisu Yakubu with agency reports
Ondo State Governor Oluwarotimi Akeredolu (SAN) has assured investors of his administration’s determination to provide regular power supply.
He said...
22,000 Burkinabe rural households to have access to power soon
By Dirisu Yakubu with agency reports
The President of Burkina Faso, Roch Christian Kaboré, has last Saturday, launched the special rural electrification programme (PSER). The...
Ghana: Solar powering of SHS will cost $420 million
By Dirisu Yakubu with agency reports
In Ghana, the implementation of the solar electrification plan for the country’s high schools is valued at $420 million. This...
Banks Cannot Provide for Power Sector Loans Because It’s Systemically Important...
The Group Managing Director and Chief Executive Officer of Access Bank Plc, Mr. Herbert Wigwe, has explained why Nigerian banks have still not made...
