How FG can get power sector right — Chris Okonkwo, President, Senior Staff Association of Electricity and Allied Companies (SSEAC)

Stakeholders in the nation’s power sector have implored the Federal government to address distribution bottlenecks in Nigeria’s electricity value chain. They said although the power sector had witnessed increased generation and massive investment in transmission sector, there was no improvement in distribution. The stakeholders spoke against President Muhammadu Buhari’s Democracy Day speech on power supply,…

Read More

Nigeria moves to increase power generation

Energy Worth with Agency Report Nigeria has signaled an increasing shift towards the use of coal for the generation of electricity to power its economy as it invests N30 billion in the sector. The West African country has coal reserves of about 25 billion tons and this, the government is eager to exploit. Dr. Dauda…

Read More

The energy model that can predict gold prices

By Alex Kimani  When trying to predict gold prices, investors usually look at one or several drivers: interest rates, U.S. dollar fluctuations, above-ground gold stocks, equities, bonds, commodity prices and even debt levels. But on their own, how reliable is each for predicting either short-or-long-term medium gold price movements? For instance, you have probably heard…

Read More

Electricity metering school opens in Ogun

Energy Worth with Agency Report The Nigerian Society of Engineer has commissioned Momas Metering School, established by Momas Electricity Meters Manufacturing Company Limited (MEMMCOL). This, the company said is expected to bridge the gap of professional manpower in the power sector, especially in the metering sub-sector. The Momas Metering School, located in Mowe, Ogun State…

Read More

TCN’s verdict on power supply

WHENEVER the opportunity has arisen over the last two years, the Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), has not shied away from assuring the Nigerian public of the current administration’s commitment to provide uninterrupted power supply. The most recent occasion for the honorable minister’s avowal was in March this year when…

Read More