The Federal Government has announced an ambitious plan to revamp the country’s struggling power sector, targeting $15 billion in private investments to bridge a $23 billion funding gap, according to Bloomberg.
Historically, the energy sector has been a big bet for investors and generically, it has been an expanding sector globally since the industrial revolution.
The Minister of Resources (Gas), Ekperikpe Ekpo, has said that the Federal Government will cease to issue licenses to gas companies that lack the capability to construct pipelines for gas distribution.
The Nigerian National Petroleum Company (NNPC) Limited has informed the public that the current fuel shortages and the accompanying queues will be resolved by Wednesday, May 1,2024.
The Minority Caucus in the House of Representatives has labeled the increase in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC) as insensitive, inhuman, and absolutely unnecessary.
Ikeja Electric Distribution Company (IE) has attributed the ongoing power outage in some parts of Lagos to load restrictions of its various transmission centers.
The World Economic Forum (WEF) highlights the risks clean energy investors face in Nigeria and provides possible solutions to these risks.
Data from the National Bureau of Statistics (NBS) shows that in September 2022, Nigerians across the country paid as much...
Rocky Mountain Institute (RMI) has identified a model that could help improve the power supply for Nigerian manufacturers
Kyari noted that dwindling crude output has forced NNPC to defer payments to some local gasoline suppliers by at least three months
The data from Nairalytics shows an 8.07% increase in power supply between July and August 2022. The figures show a 1.47% increase in power supply between August and September 2022
During presentations and panel sessions at the India-Nigeria liquefied petroleum gas (LPG) summit that took place on Wednesday,...
