Tag: World Bank
Nigeria Has the Highest Energy Deficit in Africa – World Bank
...90million Nigerians not linked to the national grid
World Bank has said that Nigeria has the highest energy deficit on the Africa continent, and that...
World Bank, AfDB Fund Mini-Grids in 6 Nasarawa Communities
Nigeria Electrification Project (NEP) is building new solar hybrid mini-grids in Nasarawa state under the Nigerian Electrification Agency (REA), with funding from the World...
Chad Pleads for Suspension of Oil-for-Cash Loan with Glencore
Chad has asked Glencore Plc to suspend payments on its oil-for-cash loan this year, but Bloomberg reported yesterday that the move could prove a...
Siemens Presence in Nigeria’s Power Grid Attracting Investors
The chief executive officer of Siemens AG in Nigeria, Onyeche Tifase, has said that the company’s overhaul of Nigeria’s electricity grid is paying off...
Nigeria Approves Funding for Siemens to Rehabilitate Country’s Power Infrastructure
Nigeria has approved counterpart funding for a contract that will enable Siemens AG upgrade the country’s failing power infrastructure. The German engineering company was...
W/Bank Sponsors Nationwide, Solar Power Light-up For Togo
The Togolese authorities have constructed a 30 MW solar power plant in Blitta in the centre of the country that is expected to reduce...
‘Rains wrecked havock on Dangote Refinery’
The heavy rains of this year have caused some serious damages to the ongoing Dangote refinery project worth over $4.5 billion.
The President, Dangote Industries...
Problems of electricity can’t be solved by magic – Fashola
Oge Obi
The Minister of Power, Works and Housing, Mr. Babatunde Fashola has said that the problems of electricity in the country are slowly being...
“Nigerians are eager to switch to more-effective alternatives”
Oge Obi
As the awareness on alternative energy increases in the country, Nigerians are beginning to show strong interest to switch over to better and...
World Bank Board Set to Consider Transmission Expansion Plan
The World Bank Group is set to consider its planned expenditure on projects it had identified to fund in the transmission expansion and upgrade...
“We have managed to develop a real ‘partnership’ with the Federal...
“In Nigeria we have managed to develop a real ‘partnership’ with the Federal Government of Nigeria and we are still working along with some...
Seven Energy Seals $200m World Bank Gas Financing Deal
Independent integrated oil and gas development, production and gas distribution company, Seven Energy, has concluded a $200 million gas development deal with the World...
