White Paper presented at Power Sector Roundtable Conference hosted by Mainstream Energy Solutions Limited on September 24, 2019 at Kainji Dam Hydropower Plant, Niger State BackgroundThe slow pace of economic diversification The Economic Recovery and Growth Plan (ERGP) contains the federal government’s position to diversify the economy away from oil towards developing the agricultural and…
The Nigerian Electricity Regulation Commission (NERC), on Saturday, said Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43.3 per cent in the second quarter of 2019. The Second Quarter Report was obtained by the News Agency of Nigeria (NAN) in Lagos from the website of NERC. NERC also said Jos and Kaduna…
The ambitious Integrated Resource Plan may struggle to convince investors and overcome vested interests. The reality could include a far greater dependence on gas than envisaged. The South African energy sector is in desperate need of investment and reform—with state power utility Eskom as its emblematic, dysfunctional centerpiece—while potentially transformative discoveries await development. South Africa…
Investment company Crypto Valley Venture Capital (CV VC) visits Mauritius as part of a delegation led by the Swiss Blockchain Federation and organised by the Swiss Embassy to build ‘blockchain bridges’. Investment company Crypto Valley Venture Capital (CV VC) has visited Mauritius as part of a delegation led by the Swiss Blockchain Federation and organised…
By Oke Peter The 4th annual Regional Energy Summit: West Africa (RES: West Africa) begins today in Dakar, Senegal. The event will bring together over 300 investors, project leaders and utilities stakeholders to engage and present the latest developments on enhancing the energy mix within West Africa. The event will hold from 2-3 December 2019…
Nigeria’s power management giant, Schneider Electric in partnership with the National Power Training Institute (NAPTIN) and the French Development Agency has concluded the second round of its training programme for electricians in Lagos. The second round of the training, which commenced September 3rd, rounded off on the 26th of November, 2019. Schneider Electric and NAPTIN…
Osam Iyahen is a Director at Africa Finance Corporation (AFC), a leading investment grade infrastructure solutions provider, created by sovereign African states to provide pragmatic solutions to Africa’s Infrastructure deficit and challenging operating environment, by developing and financing infrastructure, natural resources, and industrial assets, for enhanced productivity and economic growth of African States. He is…
Power distribution companies have till December 7 to submit their written responses providing reasons their licences should not be cancelled, the Nigerian Electricity Regulatory Commission (NERC) declared on Tuesday. In an updated document on the notice of hearing on the petitions by Discos on the Minor Review and Minimum Remittance Order dated November 5, 2019,…
By Oke Peter Eko Carbon Exchange (ECX), a platform for education and awareness on environmental emissions, as well as carbon pricing and climate token-based emission trading, as a voluntary mitigation pathway under the UNFCCC Kyoto Protocol has announced that it will hold a Breakfast Dialogue on waste, emissions and wealth creation. According to a statement…
By Oke Peter The Edo State Governor, Mr. Godwin Obaseki, has flayed the incessant oil theft in the Niger Delta, bemoaning the loss of about 22 million barrels of crude oil in the first quarter of 2019, estimated at $1.35 billion. The governor, while playing host to a delegation of National Executive Committee (NEC) of…
