By Energy Worth The Kaduna Electricity Distribution Company (KAEDCO), has been given four weeks ultimatum to comply and adhere strictly to the Nigeria Electricity Regulations Company (NERC), guidelines, the law that established them and business ethics to ensure stable power supply to its consumers. After extensive deliberations at a tripartite meeting with Civil Society Organizations,…
By Energy Worth Solar and hybrid electricity will provide the country with about 24 megawatts of power through off grid and mini grid this year, it has been revealed through the USAID/Power Africa-funded Renewable Energy and Energy Efficiency Project (REEEP). This is in addition to the roughly nine megawatts hours of electricity supplied by the…
Gas producers for Nigeria’s power sector lose N109.5 billion yearly to dollar-denominated transactions in the supply of 1.5 billion-2 billion cubic feet of gas per day (bcf) to the domestic market, THISDAY has reported. The gas producers have asked the Nigerian Bulk Electricity Trading Plc (NBET) to pay for gas supplied for power generation at…
Sahara Group Co-founder, Tonye Cole, will join high-level African policy-makers, industry leaders and global businesses operating on the continent at the Business Council for Africa (BCA) Annual Debate on April 24. According to a statement by the organisers of the event, Cole, will contribute to a discussion on the prospects for the industrialisation of Africa….
The Managing Director of Nigeria’s Rural Electrification Agency (REA), Mrs Damilola Ogunbiyi has said the private sector is essential to achieving its goal of developing ten thousand mini-grid sites by 2023. Research has shown that Nigeria is home to 186 million people, 43 per cent of whom live without basic access to electricity. The country…
The Managing Director for Africa, Eaton, a power management company. Mr. Seydou Kane, in this interview with ’FEMI ASU, says the adoption of microgrids can help bridge the huge electricity gap in Nigeria. Excerpt What are your thoughts on the Nigerian power sector? South Africa, with a population of about 55 million habitants, has…
Helen Reid – London Formerly skeptical investors are buying back into oil majors in the hope that upcoming results will mark a turning point for energy stocks which have failed to keep pace with a surge in crude prices. Oil stocks could begin to close that gap if results live up to lofty expectations, with…
To realize regular electricity supply in Nigeria, the need for the Federal Government to adopt the Egypt model of power generation has been emphasized. Egypt is currently building a gas-fired power station, regarded as the largest in the world. When fully completed, the plants are expected to supply enough electricity for 45 million people and…
By Energy Worth The World Bank says it has made available a grant of $250,000 to support the Port Harcourt Electricity Distribution Company (PHEDC), in her ongoing energy efficiency programme. This was disclosed by the leader of the World Bank delegation to PHEDC, Mr. Jinping Zhao, during a visit to the Disco’s corporate headquarters in…
By Energy Worth The management of Kano Electricity Distribution Company (KEDCO) has said that it loses N180m every month due to activities of vandals. The Managing Director of the company, Alhaji Jamilu Isyaku Gwamna made the disclosure on Friday at an engagement meeting with Traditional and Religious in Kano state. Gwamna explained that the company…
