By Energy Worth The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Monday claimed that power generation companies (Gencos), who recently filed a lawsuit against the federal government for alleged discriminatory practices against them, were holding meetings and planning on how to disrupt electricity supply in the country. Speaking at the March 2018…
Energy Worth with Agency Report The Federal Government has said that the Nigerian Electricity Regulatory Commission (NERC) has concluded regulations that will provide framework to license new class meter suppliers in the country. The Minster of Power, Works and Housing, Babatunde Fashola, made this known at the 25th monthly power sector meeting in Uyo. Fashola,…
African Utility Week (AUW) has disclosed that this year’s event will focus strongly on water challenges on the continent, including investment needed in water solutions by the public and private sectors to enable universal access, water security and resilient societies. According to a release by the organisation, the water conference will further showcase how partnerships,…
By Energy Worth The House of Representatives Committee on Privatisation and Commercialisation, has called on the Transmission Company of Nigeria (TCN) to quickly complete the ongoing repairs on 150MVA and 60MVA transformers in Kano state with a view to improving electricity supply to the state. The Deputy Chairman of the committee, Honourable Shadimu Mutiu, made…
The Abuja Electricity Distribution Company (AEDC), has urged electricity customers under Nasarawa region to improve on paying electricity bills from the current 45 per cent, Daily Trust has reported. The Managing Director of the company, Ernest Mupwaya represented by the General Manager, Nasarawa Region, Ameen Shakur, who led a delegation to the Chief of Gurku community…
By Energy Worth with Agency Report The Electricity Meters Manufacturers Association of Nigeria (EMMAN), on Monday, in Lagos, appealed to the Federal Government to break the monopoly of distribution companies in the sale of meters to electricity consumers. The Executive Secretary of EMMAN, Mr Muyideen Ibrahim, who spoke to the News Agency of Nigeria (NAN),…
By Babatunde Fashola I welcome you all once again to our monthly meeting, and I thank our hosts Ibom Power and the Government and people of Akwa Ibom. I am happy to again chair this month’s meeting because our Power Sector Recovery Programme (PSRP), the set of policies, actions and programmes meant to solve the…
Martin Haupts is the founder of Phanes Group, a firm that focuses on renewable energy and emerging markets. Since 2012, Martin has orchestrated the company’s transition from an advisory-focused firm to an integrated solar developer and investment manager with a transaction volume exceeding USD 250million by 2016. Under Martin’s stewardship, Phanes Group secured the largest…
A London-based private equity firm, Denham Capital, has unveils its plan to channel at least $250 million into energy projects in Africa. The company has established a partnership with Neo Themis, a power supplier based in Casablanca, Morocco. It’s currently developing about 400 megawatts of renewable energy and gas-fired projects across Africa and seeks to…
The organiser of the popular global investment meeting for Africa’s power, energy and industrial sectors, Africa Energy Forum (AEF), EnergyNet Limited, is set to partner with the best-selling monthly pan-African business magazine, African Business, to publish Year 2018 Africa Energy Yearbook — the official publication of the annual Africa Energy Forum 2018. The two firms…
