Saudi Arabia has signed a Memorandum of Understanding with Nigeria on energy-related cooperation. According to Reuters, Saudi…
Search Results for: electricity sector
Westmount Energy Projects High Investments in Oil Sector
Westmount Energy Limited projects investment in the oil sector ‘upstream’ segment to reach its highest level…
Reps Urges Nigeria to Invest More in Renewables Sector
The Chairman of the House of Representatives Committee on Renewable Energy, Hon. Afam Ogene, has said…
Stakeholders Demand Tariff Increase Amid Electricity Subsidy
Stakeholders in the power sector are beginning to demand a cost-reflective tariff as the Federal Government…
FG May Revoke Licenses of Underperforming Electricity Operators
The Minister of Power, Adebayo Adelabu, says the Federal Government will not renew licensing agreements for…
Electricity Market Operators Commence Performance Review
On Monday, the Nigerian electricity market operators commenced the performance review of the Nigerian Electricity Supply Industry (NESI).…
Germany to Provide Cheap Electricity to ECOWAS
The Chancellor of the Federal Republic of Germany, Olaf Scholz, has said Germany is working with…
NESI Says Power Sector Improved Last Decade
In the last 10 years, Nigeria’s power sector has experienced markered progress. According to the Nigerian…
Reps Probe N7tn Power Sector Fund Since Privatisation
The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…
Nigeria’s Prosperity Depends on Power Sector –British Consul
The British High Commissioner to Nigeria, Richard Montgomery, has stressed the critical role of the power…