Wednesday 21st August 2019,
Hope for Nigeria

Browsing the "Power" Category

There Will Be Power In All Homes In Six Months If I Was In Charge – Fashola [March 09, 2015]

Governor Babatunde Fashola of Lagos State, yesterday, said the solution to the problem of power sector could be achieved in six months if the Distribution Companies, DISCOs, were ready to yield some percentages of their concessions to the state government. [...]

May 19, 2016 Economy, Power
Kaduna Refinery

Reps Oppose Fresh N309bn FG Bond To Finance Power Sector

The House of Representatives on Wednesday opposed fresh plans by the Federal Government to float a bond of N309bn to finance the power sector, which is already 60 per cent private sector-driven.     The  Federal Ministry of Power/Works and [...]

April 29, 2016 Economy, Power
babatunde Fashola

Poor electricity supply: My children are also suffering the effects- Fashola

Minister of Power, Works and Housing, Babatunde Fashola, says his children are also facing the effects of the poor electricity supply presently being experienced in the country. He said they suffer from heat rashes, sweat a lot and also wonder [...]

April 27, 2016 Economy, Power, Video
Fashola

No Plan To Fix Roads, Power Until Budget is Passed – Fashola

  The controversial passage of the 2016 budget has put Nigerians in a total hardship. Contrary to that, Babatunde Fashola, Minster of Works, Power and Housing has also expressed frustration over the delay in the passage of the 2016 budget. [...]

April 26, 2016 Economy, Power, Video
Mr Ayodele Fayose

Fayose Behind Fuel Scarcity, APC Alleges

The All Progressives Congress in Ekiti State has accused Governor Ayodele Fayose of alleged complicity in the fuel supply crisis in the state.       In a statement by the state Publicity Secretary, Taiwo Olatunbosun,  the party said it [...]

April 25, 2016 Economy, Power

U.S. to offer Nigeria ‘technical assistance’ to solve fuel scarcity

  The U.S. Ambassador to the UN, Samantha Power, on Thursday promised that the U.S Embassy in Nigeria would offer technical assistance to help Nigeria solve its lingering challenge of fuel scarcity. Ms. Power made the promise on Thursday in [...]

April 22, 2016 Power
Babatunde-Fashola

Sorry Nigerians, Poor Power Supply May Continue Till May.

  The lingering epileptic power supply in the country may continue as major repairs on the vandalised Forcados terminal will not be completed until May. This emerged during the visit of Vice-President Yemi Osinbajo to the terminal in Delta State. [...]

April 18, 2016 Power
Fashola

Fashola Under Undue Pressure To Resign

Fashola Under Undue Pressure To Resign Nigeria’s electricity woes worsened on Tuesday, April 5, as two additional power generating plants collapsed, bringing the total number of plants not generating Megawatts, MW, of electricity to 10. According to reports, Shiroro power [...]

April 9, 2016 Economy, Power
Shiroro Sapele Power Plants Shut

Blackout: Shiroro, Sapele Power Plants Shut

Sapele Power Plants – The nation’s electricity woes worsened on Tuesday as two additional power generating plants were shut down, bringing the total number of plants not generating any megawatts of electricity to 10. The two shut plants are Shiroro [...]

April 6, 2016 Economy, Power
Buhari And The Budget Designed

Buhari Is Corrupt As $4.2 Billion Miss in NNPC – US Government

The Nigeria National Petroleum Corporation (NNPC) is withholding billions of dollars in revenue from the government’s coffers despite President Muhammadu Buhari’s war on corruption, according to a report published Thursday by the Natural Resource Governance Institute, a New York-based watchdog. [...]

April 4, 2016 Economy, Power
House of Representatives

Buhari Change: Power Generation Crumbles To 0MW For Hours

Nigeria’s power generation collapsed completely on Thursday at exactly 12.58pm to zero megawatt which continued for about 3 hours. Data from the country’s System Operator showed that around 1pm on Thursday, no power generation company in Nigeria produced a single [...]

April 2, 2016 Economy, Power

Fashola: Nigerians Will Get 24 Hour Power Supply – If They Can Afford It

Nigeria’s Power Minister, Babatunde Fashola, has said that a new power tariff will be launched in the country which will ensure Nigerians pay more for electricity – if they want to consume more. He spoke during the inauguration of additional [...]

March 28, 2016 Economy, Power
Buhari

Buhari: I Don’t Know What To Do About Power Problem

President Muhammadu Buhari has stated his administration is in a difficulty as to how fix the constant power problem. Buhari tagged the cul de sac,  “the classic dilemma” over the privatisation of the power sector. He said the privatisation of [...]

March 23, 2016 Power
Urine Generator

Four Nigerian Girls who invented the Urine-Powered Generator

Four Nigerian Teenage Girls – Duro-Aina Adebola, Akindele Abiola, and Faleke Oluwatoyin, all age 14, and Bello Eniola, 15 stunned the world when they unveiled their invention of a urine-powered generator at Maker Faire Africa. The process makes a whole lot [...]

July 30, 2015 Power
NSCDC commences training to counter nuclear disaster

NSCDC commences training to counter nuclear disaster

The Nigeria Security and Civil Defence Corps (NSCDC) has restated its preparedness to prevent and manage nuclear disaster that may arise in the country. This is contained in a statement issued by Mr Emmanuel Okeh, NSCDC spokesperson, and made available [...]

June 20, 2015 Economy, Power, Video
Nigeria - Don't Expect Power Always

Nigeria – Don’t Expect Power Always

Nigeria – Don’t Expect Power Always – Nigeria experienced a massive shortage of fuel in May possibly. The scarcity not just affected sector, but also domestic life of several Nigerians that depend on generators for their electricity. In a normal [...]

June 18, 2015 Economy, Power, Video
General Electric Nigerian Power

General Electric Plans $1 Billion Investment in Nigerian Power.

General Electric Co. (GE) Chairman Jeffrey Immelt said the company will invest $1 billion in Nigeria over the next five years by building a manufacturing plant to support power generation and oil production. “We are committed to playing our part [...]

June 2, 2015 Power
FG installs three power sub-stations in Lagos

FG installs three power sub-stations in Lagos – BY MICHAEL EBOH

The Federal Government, Wednesday, gave a boost to power supply in the country with the acquisition and installation of three units of 15 MVA (Megavolt Ampere) injection sub-stations in Lagos. Speaking during the commissioning of the three new 15 MVA [...]

May 19, 2015 Power
FG supports company to generate 1,000MW electricity

FG supports company to generate 1,000MW electricity

FG supports company to generate 1,000MW electricity – The Federal Government is to support Jidet Nigeria Limited, an local firm, to generate 1,000 megawatts of electricity from coal from its proposed $1.5bn power plant. The Minister of Power, Prof. Chinedu Nebo, [...]

April 23, 2015 Economy, Power
Nigeria's Nuclear Construct-up

Nigeria’s Nuclear Construct-up

Nigeria’s Nuclear Construct-up – The Nigeria Atomic Power Commission recently revealed that the country has signed an agreement with Russian nuclear group, Rosatom Corporation, to create 4 energy plants in the nation with each costing $ 20billion.   This is a [...]

April 16, 2015 Business, Power
Nigeria, Russian Company Stake N16 Trillion to Build 4 Nuclear Plants

Nigeria, Russian Company Stake N16 Trillion to Build 4 Nuclear Plants

Nigeria, Russian Company Stake N16 Trillion to Build 4 Nuclear Plants – Nigeria has signed a contract with a Russian company, Rosatom, to build 4 nuclear power plants in the country worth $80 billion, about N16 trillion. The power plants which [...]

April 15, 2015 Business, Economy, Power
NERC Grants Power Companies Authority to Establish Electricity Tariff.

NERC Grants Power Companies Authority to Establish Electricity Tariff.

NERC Grants Power Companies Authority to Establish Electricity Tariff. –  The National Electricity Regulatory Commission has allowed power companies in the country the legal right to establish electricity tariff to be charged to Nigerians. The commission however suggests the tariff [...]

April 9, 2015 Economy, Power
MINISTER OF POWER, PROF CHINEDU NEBO

Minister Upbeat On Overcoming Power Sector Challenges

MINISTER OF POWER, PROF CHINEDU NEBO Newly-sworn in Minister of Power, Prof Chinedu Nebo, has stated that though the challenges in the sector were great, they are not insurmountable. He disclosed that the problems facing transmission of electricity to Nigerians [...]

April 4, 2015 Power
Jonathan Commissions 504MW Alaoji Power Station In Abia

Jonathan Commissions 504MW Alaoji Power Station In Abia

Jonathan Commissions 504MW Alaoji Power Station In Abia – PRESIDENT Goodluck Jonathan has commissioned the phase 1, 504 MW simple cycle Gas Alaoji Power station in Aba, Abia State, having the confidence that his administration was resolute to offer stable power [...]

March 25, 2015 Economy, Power
AfDB Commits $200 Million to Coal-to-Power

AfDB Commits $200 Million to Coal-to-Power

AfDB Commits $200 Million to Coal-to-Power – In its dedication to expand the development of renewable energy, the African Development Bank, AFDB, has agreed to provide an assistance to the amount roughly $200 million for the development of coal-to-power projects in [...]

March 24, 2015 Economy, Power
Nebo commissions hybrid solar plant

Nebo commissions hybrid solar plant

Nebo commissions hybrid solar plant – Prof. Chinedu Nebo, the Minister of Power, has commission a 25KW Hybrid solar PV/ wind demonstration power plant. The project is a Nigeria-Germany Energy partnership under the Nigeria Energy Support Programme (NESP), an initiative signed [...]

March 18, 2015 Economy, Power
Oil &Gas industry to meet in Abuja

FG Lowers Electricity Tariff by More than 50%

FG Lowers Electricity Tariff by More than 50% – The federal government has declared the decrease in electricity tariff by more than 50% in several parts of the country. According to Vanguard, The Chairman of Nigeria Electricity Regulatory Commission (NERC), Sam [...]

March 18, 2015 Economy, Power
Lagos State Peninsula Integrated Power Project Is Now Operational

Lagos State Peninsula Integrated Power Project Is Now Operational

Lagos State Peninsula Integrated Power Project Is Now Operational – A power project in Lekki, Lagos State, Nigeria’s commercial city, was commissioned, with the State Governor declaring he could deliver the power to the homes of residents of the areas covered [...]

March 10, 2015 Economy, Power
Heritage Bank set to introduce 8.5MW power project in Lagos

Heritage Bank set to introduce 8.5MW power project in Lagos

Heritage Bank set to introduce 8.5MW power project in Lagos – The Heritage Bank management is about to commission the newly completed Peninsula Independent Power Project (PIPP) funded by the bank. The project according to the Bank is part of its [...]

March 2, 2015 Economy, Power
FG, company to generate 500MW from coal

FG, company to generate 500MW from coal

FG, company to generate 500MW from coal – The Federal Government has declared that it has signed a partnership with an local company, One Nation Energy Limited, to produce 500 megawatts of electricity from coal. According to the government, the partnership [...]

March 2, 2015 Economy, Power