Tag
ELECTRICITY
In this must-watch episode of Talknomics, energy expert and CEO of New Hampshire Capital, Odion Omonfoman, delivers a...
The World Bank Group has reaffirmed its commitment to tackling Africa’s energy deficit, aiming to provide electricity to half of the 600 million people on the continent who currently lack access.
The Federal Government of Nigeria has allocated N15 billion for the settlement of electricity bill debt for ministries, departments, and agencies, according to the proposed 2025 budget.
In this episode of Economy Last Week, we dive deep into the two major economic challenges currently facing...
International bilateral customers from countries such as Niger, Benin and Togo made a total payment of $50.36 million to the Nigerian Electricity Supply Industry (NESI) for electricity distribution in 2023.
The Transmission Company of Nigeria (TCN) has stated that, contrary to popular opinion, the occurrence of National Grid collapses has decreased significantly, by 76.47% in the past five years.
Nigeria needs to take actions to maximize gains from the gas sector, such as aligning the energy mix with the country’s competitive advantage, withdrawing subsidies, and improving on other structural changes.
FG says it plans to increase the country’s power generation from around 4000 megawatts to 6500 megawatts in the next five to six months.
The Executive Director of the Association of Nigerian Electricity Distributors, Sunday Oduntan, has revealed that the Nigerian government owes about N100 billion in electricity outstanding debt.
Nigeria's Gross Domestic Product (GDP) recorded a growth of 2.74% for the full year 2023, according to the latest report by the National Bureau of Statistics.
The International Monetary Fund (IMF) has urged the federal government to fully eliminate subsidies for fuel and electricity, highlighting that these financial supports are not only expensive but also ineffective in benefiting the populations most in need of assistance.
The World Bank has said that about 600 million people risk continued power shortages in Africa, as the continent may continue to grapple with electricity deprivation by 2030.