Archives Tag: Electricity
FG Approves N1.9 Bn for Onitsha-New Haven Power Transmission Project
April 19, 2022
The Federal Government has approved a sum of N1.9 billion for the supply of a 746-kilometer of aluminum conductor composite core reinforced (ACCR) to be used for the re-conduction of the Onitsha New Haven 33okv transmission line. The approval was granted during the Federal Executive Council (FEC) meeting yesterday, 15 January 2013. Professor Chinedu Nebo, … Continue reading FG Approves N1.9 Bn for Onitsha-New Haven Power Transmission Project
AfDB Approves $187 Million to Stimulate Private Investment in the Nigerian Power Sector
April 19, 2022
The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Partial Risk Guarantee (PRG) program of US $184.2 million , and an ADF loan of US $3.1 million, for capacity building, to support the Nigerian power sector privatization program. The PRG program in Nigeria aims to increase the country’s … Continue reading AfDB Approves $187 Million to Stimulate Private Investment in the Nigerian Power Sector
FG Hands Over PHCN to New Owners
April 19, 2022
The Federal Government of Nigeria handed over the Eko Distribution Company, Marina, Lagos to the new owners, West Power and Gas Limited on November 1, 2013. On the same day in 10 different locations across the country, similar ceremonies involving the transfer of PHCN facilities to the new private investment firms were taking place. Chairman … Continue reading FG Hands Over PHCN to New Owners
By kunle-binuyo
JMG to Provide £6m Power Solution to MTN Nigeria
April 19, 2022
MTN Nigeria has appointed JMG to provide the power solution to modernise its communications network in Nigeria. This contract, worth £6 million, will involve the installation of 12 high capacity FG Wilson generator set at MTN switch locations in Asaba, Lagos, Kano and Ibadan. JMG is an official FG Wilson Dealer in Nigeria and one … Continue reading JMG to Provide £6m Power Solution to MTN Nigeria
By sheyi
Electricity: USTDA Sponsors Nigerian Executives on Reverse Trade Mission
April 19, 2022
Senior executives from four leading power distribution companies in Nigeria – Abuja, Benin, Eko, and Ikeja – with a combined procurement budget of over $800 million, will participate in a Reverse Trade Mission (RTM) to the United States from October 15 – 25, 2013, sponsored by the United States Trade and Development Agency (USTDA). This, … Continue reading Electricity: USTDA Sponsors Nigerian Executives on Reverse Trade Mission
By sheyi
UBA Considering $2Bn Investment in Power Sector
April 19, 2022
The Chief Executive Officer of United Bank for Africa (UBA), Phillips Oduoza, has said the bank is looking to invest $2 billion in the power sector in Nigeria and across Africa. He revealed that the bank has already invested $700 million in the power sector and is considering increasing it. He made this known in … Continue reading UBA Considering $2Bn Investment in Power Sector
By sheyi
Nigeria Working To Improve Electricity Supply, Power Minister Says
April 19, 2022
The Minister of Power, Professor Chinedu Ositadinma Nebo, has given a midterm scorecard of President Jonathan’s administration on power, stating plans and achievements. He mentioned ongoing work, and made projections. He said, “The Electric Power Sector Reform (EPSR) Act of 2005 provided the platform for the reform of deregulating the Nigerian Electricity Supply Industry (NESI) from the … Continue reading Nigeria Working To Improve Electricity Supply, Power Minister Says
Four Secondary School Students Present The Urine Powered Generator!
April 19, 2022
Four students of a private secondary school in Lagos have put chemistry and the power of energy conversion to play by using urine—as fuel, to power an electric generator. This was displayed at a Maker Faire Innovation Competition that was held a few days ago in Lagos. The girls – Duro-Aina Adebola (14), Akindele Abiola … Continue reading Four Secondary School Students Present The Urine Powered Generator!
Nigeria Unveils Bids For National Power Plants
April 19, 2022
By David Stephen. The Bureau of Public Enterprise (BPE) has revealed that about $1.62 billion (roughly 255 billion naira), was placed on five, of the six power generation companies in Nigeria – in bids – to purchase them. Afam Power Plc, Ughelli Power Plc, Geregu Power Plc, Sapele Power Plc, Kainji Power Plc and Shiroro … Continue reading Nigeria Unveils Bids For National Power Plants
Nigeria’s Power Minister Barth Nnaji Resigns
April 19, 2022
By David Stephen. Nigerian Power Minister and praised reformist in the power sector, Professor Barth Nnaji has resigned. He resigned yesterday, after a brief meeting with the president. His resignation is coming at a time when power cuts around the country are reportedly minimized and privatization moves are getting ahead. There have been reports of … Continue reading Nigeria’s Power Minister Barth Nnaji Resigns
