The Chairman, Board of Directors of Kaduna Electricity Distribution Company, Alhaji Yusuf Hamisu Abubakar has said the security challenges in parts of Zamfara, Sokoto and Kaduna states, three of the four franchise states of Kaduna Electric is adversely affecting the operations of the electricity firm. Alhaji Abubakar disclosed this in Kaduna over the weekend during…
By Energy Worth The Group Executive Director, Dangote Industries Limited, Devakumar Edwin, has said the oil refinery being built by the company will provide a ready market for the nation’s crude oil. Edwin was quoted in a statement as saying that the construction of the 650,000 barrels per day refinery would help Nigeria save over…
By Energy Worth Chevron Nigeria Limited has said it is committed to ending routine gas flaring, boosting domestic supply, diversifying and commercialising gas resources through gas-based industries gas-based industries. The Chairman/Managing Director, CNL, Mr Jeff Ewing, said this, stressing that the oil major had contributed immensely to the Nigerian government’s gas master plan through the…
By Energy Worth The Federal Government is not frightened by the threats made by power distribution companies to quit the power sector and resell the firms at discounts. Senior officials of the Federal Ministry of Power, Works and Housing stated that the power distributors knew the procedures to follow if truly they wished to quit…
By Irina Slav Beijing has declined a request by U.S. envoys to stop importing crude oil from Iran, Bloomberg reports, citing unnamed sources in the know. While this is a major setback in President Trump’s quest of cutting Iranian oil exports to zero by November 4, Beijing, according to the sources, agreed to not increase…
By Energy Worth The Transmission Company of Nigeria (TCN) has recovered 693 power equipment containers that were stranded at seaports across the country. According to the firm, the recovery was achieved last week, as it revealed that some of the containers had been stranded at various ports for about 15 years. The Managing Director, TCN,…
Benin Electricity Distribution Company (BEDC) says it has added a total of 1,694 distribution transformers to ensure power supply improvement in Edo State since the new management took over in 2013. The company which disclosed this in a Customer Information Update on Edo State, also added that power availability has also improved from two hours…
Energy Worth with Agency Report The Federal Ministry of Water Resources, said on Tuesday that negotiations were on to fully concession the 30MW Gurara Power Plant in Kaduna State. The News Agency of Nigeria (NAN) reports that the project is expected to enhance power supply in the northwest part of the country. Mr Benson Ajisegiri,…
By Energy Worth The off grid renewable energy space which most experts describe as the future of the Nigerian power sector have been said to enjoy an investment capacity of up to $200 million in the last few years. This was disclosed in Lagos by the Head of Power and Infrastructure, Corporate and Investment Banking,…
The National Agency for Science and Engineering infrastructure (NASENI) said it was targeting to generate 7.5 MW solar power annually to serve as alternative energy in the country. Its Executive Vice Chairman, Prof. Mohammed Haruna said this while declaring open the agency’s 2018 Solar Installation and Maintenance Training programme in Abuja. Haruna, who was represented…
