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PwC: Uninterrupted Power Supply is Possible in Nigeria

PWC says the attainment of uninterrupted electricity supply is possible if the right stakeholder collaborations are effected. It, therefore, stressed the urgent need for stakeholders...

Nigeria: FG Targets 40MW by Feb 2019 as Kashimbilla Hydro Plant...

The Kashimbilla Hydropower Plant in Taraba State is 100 per cent complete and will commence generating about 40 megawatts (MW) of electricity by February,...

Nigeria: 115 Firms Bid to Close 4.7 million Metering Gap

The number of companies seeking to become meter asset providers in the Nigeria electricity supply industry has risen to 115, as over 4.7 million...

EU, Germany May Support Nigeria’s Power Sector Metering Programme

The European Union (EU) and Germany may consider supporting the implementation of the Meter Assets Providers (MAP) programme and eligible customers regulation of the...

Nigeria: Darkness Looms as N710bn Power Supply Fund Draws Down

Electricity generation companies (Gencos) in Nigeria’s power sector yesterday warned that the prevailing nationwide power supply situation may decline significantly from December as the...

Rosatom Canvasses Nuclear Energy for Nigeria’s Industrialisation

Rosatom has identified nuclear energy as the catalyst Nigeria needs to get industrialised, given the current underperformance of its power sector. The company said many...

Nigeria: N60bn Revenue Shortfall Affects Power Distribution — Discos

The over N60bn revenue shortfall in the books of power distributors is slowing down the distribution of electricity across the country. According to the Nigerian...

Nigeria: FG Seals $21m Power Plant Rehabilitation Pact With Japan

The Federal Government has signed an agreement with the government of Japan for the rehabilitation of the Lagos Transmission Substation. The Minister of Budget and...

World Bank Scores Nigeria’s Energy Sector Low

Nigeria does not have the energy to implement its industrialisation goals, a development which has slowed down its economic growth, the World Bank has...

Nigeria: Price Hike in Power Sector Looms After Elections – GMD...

Ike Chioke, Group Managing Director, Afrinvest (West Africa), in this interview with Chris Ugwu, speaks on Nigeria’s stocks, money market, power sector and state...

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