Category: Power

Lagos State Governor, Mr Akinwunmi Ambode, has asked the World Bank to partner with the state government in funding key projects in transportation, energy and water sector. Governor Ambode stated that such partnership will positively impact the economy not the state alone but the country as a whole. He made this known on Thursday during…

By Energy Worth A conference aimed to address the key issues affecting the energy sector in Nigeria and also proffer solutions to them has received the full backing of one of the key players in the sector, Sahara Power Group, a subsidiary of Sahara Group, a leading international energy conglomerate in Africa. Tagged the Light…

The Nigerian Electricity Management Service Agency (NEMSA), on Tuesday, warned importers of substandard electrical products to desist from the act or risk losing their cost of investment. The Managing Director of the agency, Mr Peter Ewesor, gave the warning at the capacity building and training programme is organised for its staff in Lagos. Ewesor said…

Between January 1 and May 5 this year, the power sector lost about N154bn as a result of the unavailability of gas, distribution and transmission infrastructure, as well as water reserve challenges, the Federal Government has said. The Punch has reported. A document on Nigeria’s power sector performance put together by the Advisory Power Team…

One of the world’s largest turbine manufacturers, Siemens, said it plans to temporarily shut its Power and Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as…

By Energy Worth Nigeria’s Minister of Power, Works and Housing, Mr Babatunde Fashola has disclosed that the expected addition of 459MW of electricity to the national grid from the Azura Power Project will only complicate the country’s current challenge with stranded power. Stranded power is generated power that cannot be distributed. “Azura would start commercial…

By Energy Worth The Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, has said that Tellco Europe Nigeria off-grid solar power solutions will create thousands of jobs as Micro, Small and Medium Enterprises (MSMEs) will have access to clean energy to conduct business in the country. The Minister, who spoke through Dr….

Against the background of the seemingly intractable power supply problem, the disclosure, the other day, by the Minister of Power, Works and Housing, Babatunde Fashola, that 90 million Nigerians lack electricity supply is not surprising. This is an indictment of the government and a clarion call on that same government as well as other stakeholders…

Industry experts have suggested how Nigeria can replicate the success story of Azura, following Siemens’ technical hand-over of the 450MW Open Cycle Gas Turbine power station last week. According to them, for Nigeria to have more power plants like the Azura project in place, sweeping market reforms must happen to give the electricity industry a…

Professor James Momoh was recently sworn-in as Executive Chairman of NERC, almost three years after the commission had its last substantive executive head. Chineme Okafor looks at the promises of the new chairman and the expectation from the electricity industry The new executive chair of the board of commissioners of the Nigerian Electricity Regulatory Commission…