In 2020, swarms of desert locusts descended on northern Kenya in the country’s worst locust infestation in 70 years. They ate crops and threatened the food security of 3 million people. Locusts brought similar devastation to some of the poorest countries in Africa, the Middle East, and South Asia, as governments and communities braced for the COVID-19 pandemic.
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says the company cannot continue to bear the subsidy burden.
With its massive gas reserves and billions of dollars of investment flowing in to monetize them, Mozambique has a unique opportunity to deploy a flexible power strategy that will bring major benefits across both its domestic and regional electricity markets.
Ikeja Electric, Nigeria’s leading Electricity Distribution Company, has scored another first in the electricity sector, after bagging three latest International Organization for Standardization (ISO) certifications ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 in recognition of its effective implementation of Occupational Safety & Health, Environment Management and Quality Management processes.
The whopping sum of $26.5b, which the Federal Government has so far spent on the maintenance of its loss-making 445, 000 barrels/day capacity refineries, is capable of building three new refineries of the same size going by the cost analysis of refinery projects across the world.
Power consumers have raised the alarm that power distribution companies were now selling the free meters that were provided for electricity users by the Federal Government.
The 2021 edition of REN21’s Renewables in Cities Global Status Report, shows that one billion people live in cities with a renewable energy target or policy. The number of cities that have enforced partial or complete bans on fossil fuels jumped fivefold in 2020. With a special focus on Sub-Saharan Africa, the report shows that despite many challenges, city governments across the region have taken important steps to advance the deployment of renewables.
As the largest economy in Africa, with huge gas reserves and high solar energy potential, Nigeria has all the natural resources necessary to meet the growing demand for electricity. However, the inadequate energy infrastructure still leaves a significant part of the population without power or relying on oil-fired back-up generators.
The Nigerian National Petroleum Corporation (NNPC) has said that the Federal Government is going to consult widely before halting subsidy on Premium Motor Spirit, popularly called petrol.
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