President Bola Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to ease the impact of fuel subsidy removal on Nigerians by reducing energy costs.
Browsing: Energy/Electricity
About three years ago when the Managing Director (MD) of the Rural Electrification Agency (REA), Engr. Ahmad Salihijo Ahmad was appointed, not many could believe that the seemingly moribund federal government organization can get the fastest development reawakening because of the young looks of the present MD.
Some residents of Masaka, Nassarawa state, on Monday bemoaned the lack of power supply to the area, while also lamenting over the cost of using generating set.
The Nigerian Electricity Regulatory Commission (NERC) has said that Niger Republic presently owes Nigeria N4.22 billion ($5.48 million) for the provision of electricity.
Experts in the electricity sector say they are set to review privatisation of the power sector by deliberating on the challenges and prospects in the last 10 years.
The Electricity distribution companies (DisCos) in Lagos have announced that its proposed Standard Transfer Specification (STS), a metering code, is not targeted toward increasing electricity tarrif.
The African Development Bank (AfDB) Group, has affirmed its commitment to support 900 million dollar multinational power transmission line between Mauritania and Mali, connecting 620,000 people to electricity.
The Board of Directors of the African Development Bank (AfDB) Group, has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst (AETC) Programme.
The Ibadan Electricity Distribution Company (IBEDC) has said that Nigerian Electricity Regulation Commission (NERC) has yet to give a directive on the new electricity tariff earlier scheduled to commence on July 1.
The Abuja Electricity Distribution Company, says that there will be an upward review of electricity tariff from July 1.