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Nigeria: We have Invested N900bn in Power since 2015 – Osinbajo

Vice President Yemi Osinbajo says the present administration has invested N900 billion in the power sector since its assumption of office in 2015.

Nigeria: TCN Plans Demolition of Buildings on Right of Way

Many communities in Ogun State are under threats of having their buildings demolished for erecting them on the Right of Ways (RoWs) of the Transmission Company of Nigeria(TCN), it was learnt.

Nigerian Govt to Increase Supervision of DisCos

The Federal Government says its representatives on the Board of Electricity Distribution Companies (Discos) has been increased from one to two, to further supervise activities in the power sector.

Nigeria: Grid Collapse Worsens Electricity Supply in parts of Nigeria

The latest system collapse reported on Sunday may have worsened the poor electricity supply situation in the country.

Nigeria: Firms to Connect 10,000 SMEs to Solar Power

Global tech giant, Microsoft, through its 4Afrika initiative, has partnered with ICE Commercial Power, a Nigerian-based renewable energy provider to provide reliable solar power to 10,000 Small and Medium Enterprises (SMEs) across Nigeria for the next two years

Nigeria: With N36trn Investment, Stable Power Supply Possible in 20 Years...

Electricity distribution companies (Discos) in Nigeria have said it will take about $100 billion – approximately N36 trillion, worth of investment in Nigeria’s power sector over a period of 20 years for the country to enjoy stable electricity supply

IFC, Nigeria Develop Standards for Solar Products

The Standards Organisation of Nigeria and the International Finance Corporation, a member of the World Bank Group, are collaborating to develop standards for Pico photovoltaic products and solar home systems

Nigeria: NNPC Largest Gas Supplier to Power Sector – Baru

The Group Managing Director of the Nigerian National petroleum Corporation (NNPC), Dr Maikanti Baru says the corporation remains the largest supplier of gas to the nation’s power sector.

Nigeria: Why Oil, Electricity Subsidy Must End – Emir Sanusi

The Emir of Kano, Muhammadu Sanusi II, yesterday made a case for a total but gradual removal of subsidy on oil products and electricity tariff. The emir, who was speaking at the 3rd National Treasury Workshop in Kano, said government must take a bold, but difficult decision of addressing the problem of these two sectors for the country’s economy to flourish.

Nigerian Genset Market to Record 4.1% Growth

The Nigerian diesel genset market will record a 4.1% growth between 2019 and 2024, according to a new study conducted by research firm Prescient & Strategic Intelligence. Revenue generation within the market is expected to reach $527.4 million during the forecast period.