October 31, 2023
Nigeria: Over 90 Million Nigerians Lack Access to Electricity - Tinubu
"(Ten) years on, I believe it is fair to say that the objectives of sector privatisation have, by and large, not been met," Mr Tinubu said. Read more »
October 30, 2023
Nigeria: Poor Power Supply Hindering Nigeria's Economic Growth - Reps Speaker
"The privatization of the power sector was a significant step towards addressing the challenges faced by the nation in this critical area," he said. Read more »
Nigeria: How Enugu Firefighters Battled Gas Flare for Over Eight Hours - Official
The gas flare erupted during the drilling of a borehole. Read more »
Nigeria: Nigeria Electricity Market Operators Begin Performance Review
The NESI is primarily made up of the Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), the Distribution Companies (DisCos), and the consumers. Read more »
October 29, 2023
Nigeria: How I Asked Kyari, Malami to Fight P&ID Affair - Buhari
People, including out-of-work ex-British Cabinet Minister Priti Patel, were queuing up to insist we paid, or risk Nigeria becoming an untrustworthy trade pariah. Read more »
October 25, 2023
Nigeria: Reps Probe $1.25 Billion Intervention Fund in Power Sector
The lawmakers noted that the federal government made several financial interventions in the sector, yet Nigeria does not have an adequate electricity supply. Read more »
October 24, 2023
Nigeria: Nigeria Needs Substantial Gas to Meet Electricity Demand - Minister
Nigeria has struggled with poor power supply for decades, a challenge that is estimated to cost businesses about $29 billion yearly, according to the World Bank. Read more »
Nigeria: Marketers Blame Terminal Operators for Rising Price of Cooking Gas
"As of today, gas is sold by these terminal owners for N16.8 million for 20 metric tonnes whereas NNLG sells to them for a little bit less than N9 million." Read more »
October 23, 2023
Nigeria: Tinubu Appoints New CEO for Energy Commission of Nigeria
President Tinubu expects the new ECN Chief Executive to make a positive impact on his administration's intensive push to diversify the nation's energy sources. Read more »
October 19, 2023
Nigeria: Otedola's Geregu Power Reports 13% Jump in Nine-Month Profit Amid Soaring Impairment Loss
Mr Otedola, previously Nigeria's third-richest person and a multisector investor with interests in maritime, banking and oil & gas, holds the company's controlling stake. Read more »
Nigeria: Ex-Minister of Power Reveals Cabal Sabotaging Stable Power Supply in Nigeria
Diesel and petrol suppliers and generator dealers continue to make brim businesses as power supply remains epileptic in Nigeria. Read more »
October 17, 2023
Nigeria: Nigerian Govt Paid N135 Billion for Electricity Subsidy in Q2 2023 - Report
To sustain power sector operations, the commission said it recognises the significance of enhancing market remittances and is providing DisCos with revenue-boosting initiatives. Read more »
October 12, 2023
Africa: Experts Speak On Energy Transaction Costs in Africa
"Financing costs can be at least two to three times higher than in Europe and North America. As a result, projects remain on the drawing board, and energy costs rise for Africa's… Read more »
October 11, 2023
Nigeria: Seplat Seeks to Complete $1.3 Billion Exxonmobil Asset Purchase Deal - CEO
The acquisition is key to actualising the most ambitious move ever by Seplat, which is both listed in London and Lagos, to scale output Read more »
September 24, 2023
Nigeria: Poor Power Supply, Grid Collapse - Tasks Ahead of Nigeria's Power Minister Adelabu
In recent years, the Nigerian power sector has experienced many broad challenges related to electricity policy enforcement, regulatory uncertainty, gas supply, transmission system… Read more »
September 21, 2023
Nigeria: How Nigeria Can Attain Energy Self-Sufficiency - Expert
Tunji Ariyomo says Nigeria will achieve rapid economic development if it attains energy sufficiency. Read more »
September 19, 2023
Nigeria: Nigerian Petroleum Agency Signs CNG Agreement With Energy Firm
The agency disclosed this in a series of tweets via its verified official X handle on Tuesday. Read more »
September 17, 2023
Nigeria: Mambilla Hydropower Project Saga - Ex-Minister Accuses Obasanjo of Distortion of Facts
Former minister Olu Agunloye says former President Obasanjo lied by claiming his government did not award the $ 6 billion contract for the Mambilla power project Read more »
September 15, 2023
Nigeria: Power Restored After Nationwide Outage
"We are dedicated to taking all necessary measures to ensure grid stability and reliability, closely monitoring the situation to prevent future disruptions," the minister said. Read more »
September 14, 2023
Nigeria: Blackout - Grid Restoration in Progress - TCN
The last total system collapse recorded was on 20 July 2022, an official said. Read more »
Nigeria: Why National Grid Collapsed - Minister
In 2022 alone, the country's national grid collapsed eight times Read more »
Nigeria: Blackout Across Nigeria As National Grid Collapses
Due to this development, one of the distribution companies said all its interface TCN stations are out of supply. Read more »
September 13, 2023
Nigeria: NUPRC Announces Successful Bidders for Gas Flare Commercialisation Programme
Last October, the government announced the relaunch of the programme and opened bids. Read more »
September 11, 2023
Nigeria: NERC Launches Power Outage Reporting App to Check Disruption
"So if you are a customer of a DisCo and you are being supplied by the DisCo, your information is already stored in that app," an official said. Read more »
September 04, 2023
Nigeria: Oil Theft - Again, Nigerian Troops Uncover Illegal Oil Bunkering Sites in Delta
Troops had clamped down on similar sites about a week ago. Read more »