By Energy Worth The Federal Government has said that the Zungeru Hydro Power Plant currently under construction by the Chinese company EEC/Sino Hydro was 45 per cent complete. Consequently, the 700MW project’s initial completion date is expected towards the end of 2019. Speaking to journalists during a site visit to the project in Zungeru, Niger…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said even though financial accountability has improved, the Nigerian National Petroleum Corporation (NNPC) still hasn’t explained billions of dollars of missing revenue. While energy producers have cooperated and complied with requirements to publish payments, NEITI has struggled with the state-owned NNPC, Executive Secretary of NEITI, Waziri Adio,…
The Nigerian National Petroleum Corporation (NNPC), has disclosed that a total of 828 million standard cubic feet, mscf of gas per day was delivered to the gas-fired power plants in December 2017. This, the corporation said, enabled the power plants to generate an average of 3,342 Mega Watts, MW, a modest 11.4% increase over the…
Editor of the leading mining trade journal, Mining Review Africa, Laura Cornish, in this exclusive interview expatiate on the Democratic Republic of Congo’s (DRC) President Joseph Kabila signing of the revised Mining Code into legislation. The news that President Joseph Kabila on recently signed the revised Mining Code into legislation. What does the new…
Senior Vice President of Exxon Mobil Corporation, Mark W. Albers, has announced his intention to retire, effective April 1, 2018, after more than 38 years of service. Albers, 61, was elected to his current position as senior vice president and a member of the corporation’s Management Committee in 2007. Throughout his career, Albers held a…
Energy Worth with Agency Report Following insistent allegations of over billing, the Jos Electricity Distribution Company (JEDC), has assured residents of plans its plan to install statistical meters on all transformers. The statistical meters, the managing director of the JEDC, Gidado Modibbo, said will bring an end to the suspicions in over billing by the…
The Transmission Company of Nigeria (TCN), has called for investment in distribution network lines nationwide. In a statement signed by its General Manager (Public Affairs), Ndidi Mbah, TCN said that the Nigeria Electricity Industry is still facing liquidity problems, and the only way that its rehabilitation and expansion programme can give maximum benefit to the…
OPINION Why are so many Nigerian homes still in the dark despite far-reaching reforms? In this fact sheet, we test the charge on Nigeria’s electricity challenge. Reliable electricity continues to elude many Nigerians despite a slew of policies and billions of naira in budget appropriations to improve supply. The country’s long-standing electricity deficit is persistently…
Oke Peter with Agency Report The Vice Chancellor of University of Calabar (UNICAL), Professor Zana Akpagu, has assured the university community of constant electricity power supply following the inauguration of a solar energy project in the institution. Speaking at the groundbreaking ceremony, the Professor Akpagu said the project, being carried out in partnership with the…
The latest report on the monthly remittances of monies collected by electricity distribution companies (Discos) has shown that the remittances of the companies have dropped to an all-time low of a paltry 8.33 per cent. The remittance performance report which was published by the Nigerian Bulk Electricity Trading Plc (NBET), also showed that five Discos…
