Category: Business News

The Director-General and Chief Executive Officer of the Indian Chamber of Commerce (ICC), Dr Rajeev Singh, has disclosed that Indian utility vendors and services will find a huge market and scope in Africa, especially in South Africa’s energy sector. The ICC will represent India at the upcoming African Utility Week from 15-17 May in Cape…

A stellar line-up will kick off the 18th edition of African Utility Week in Cape Town on Tuesday, 15 May, with an inspiring opening session, including the South African Minister of Energy, Jeff Radebe, alongside the Indian Minister of Commerce, Shri C R Chaudhary, and Eskom’s Interim Group CEO Phakamani Hadebe. The Mother City will…

By Energy Worth The Abuja Electricity Distribution Company (AEDC), on Wednesday, advised customers in the Federal Capital Territory (FCT) to imbibe safety measures to avoid electrical accidents and eventual loss of life. AEDC’s General Manager in Charge of FCT North, Mr. Abdulrahman Isah, gave the advice at a forum organised to sensitise electricity customers on…

By Energy Worth Residents of Idiaregbe Street in Okumagba Layout, Warri Delta State, on Wednesday protested over four months power outage in their area. The residents, particularly youths who came out their hundreds danced through the adjoining streets to Idiaregbe, chanting solidarity songs. The angry protesters carried placards with various inscriptions. Speaking on behalf of…

ExxonMobil has announced its renewed support for local and global organizations committed to ending malaria around the world. This year’s grants total $7.36 million and will continue the company’s longstanding commitment to reducing the global burden of malaria, a disease that still leads to an estimated 445,000 deaths annually despite being preventable, treatable and curable….

Residents of Maiduguri metropolis and Jere Local Government Areas of Borno State have condemned the alleged outrageous and crazy electricity bills sent to them by the Yola Electricity Distribution Company (YEDC). Some of the residents who spoke with the Daily Trust alleged that the billing system in the metropolis and environs was exploitative, considering the…

By Energy Worth Communities in Ikot Okoro, Essien Udim, Ikot Ekpene Local Government Areas of Akwa Ibom State would soon be connected directly to the national grid, from the 330kv Ikot Ekpene Transmission Switching Station as effort is being intensified to construct a 2X150MVA and 2X60MVA 132/33KV Transmission Substation within the premises by the Niger…

There was a pandemonium on Wednesday in some communities near to Shiroro Hydroelectric Power Station when some protesters blocked Shakwut-Shiroro Road over the failure of the Abuja Electricity Distribution Company (AEDC) to provide them electricity. The affected communities, according to The Herald, included Sarkin-Pawa, Erena, Shakwatu Zumba, Mutumdaya, among others. The protesters blocked the road…

Crude oil production has risen steadily in the past one year and has stabilized around two million barrels per day which has in turn led to Nigeria’s exit from economic recession. According to the Downstream View, the rise in oil production could be directly attributed to reduced restiveness in the oil rich Niger Delta as…

By Energy Worth Ibadan Electricity Distribution Company (IBEDC) has said the 33KV lines to Lalupon town and its environs are under rehabilitation. The IBEDC said in a statement on Wednesday, said that contractors were working assiduously to ensure that power supply would improve up to the tail end of Lalupon feeder by the end of…