Category: Power
Nigeria’s power distribution structure ‘operationally inefficient’, says World Bank
The World Bank described the power sector, particularly the distribution segment, as “operationally inefficient with high losses”.
COVID-19: How power failure, poor internet access obstruct Nigeria’s e-learning system
The Federal Government of Nigeria has so far spent over N1.7 trillion on the already privatised power sector in the last three years. Despite this huge amount of money expended on the power sector, about 80 million Nigerians living in 8000 villages across the country lack access to electricity.
$2bn power project: Fresh threats, as FG, Siemens take conflicting positions
But it is not yet clear if Siemens is willing to accept this responsibility as the firm rebuffed efforts to get them to confirm the development.
Ikeja Electric begins implementation of revised electricity tariff on July 1
The management of Ikeja Electric has announced that the implementation of the revised electricity tariff by the Company will take effect from July 1, 2020.
World Bank approves $750m for Nigeria’s power sector
The bank expressed worry that about 47 per cent of Nigerians had no access to grid electricity and those who had access faced regular power cuts.
World’s highest population without electricity resides in Nigeria —Report
Nigeria now has the highest number of people lacking electricity access in the world, at a total of 85 million Nigerian citizens.
Meter price: 6.46 million unmetered customers to pay more —NERC
Providing reasons for the increase in meter cost, the commission explained that the hike in foreign exchange rate by the Central Bank of Nigeria was a contributory factor.
Privatisation of power sector and calls for reversal
Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?
MPower raises $430k to expand its off-grid energy solutions in Africa
By Milcah Lukhanyu MPower, a Switzerland-based tech4impact venture tackling the challenges of energy access and financial inclusion in Africa has raised $430,000) via British crowdfunding platform Crowdcube to help it upgrade its software, scale-up operations in its current markets and launch into three new markets by the end of the year. MPower, which had over…
COVID-19: REA electrifies four health facilities with solar
By Oke Peter Rural Electrification Agency (REA) on Wednesday handed over two completed solar hybrid mini-grid plants in Abuja and Lagos. Its Managing Director, Ahmad Salihijo Ahmad, made this known in a press release to journalists. According to the statement, the two other completed solar hybrid mini-grids are slated to be handed over on Thursday…