Nigeria’s DARES programme has reached 5.3 million people but delivered only 41.25MW of its 465MW renewable…
Tag: Nigeria
Nigeria Attracts $1.3bn for Solar, Mini-Grid Expansion
Nigeria has unlocked over $1.3 billion in renewable energy investment commitments through NEP and DARES. DARES…
FG Rejects Return to Fuel Subsidies Amid Global Price Surge
Federal Government (FG) is maintaining market-based fuel pricing despite global moves to cushion rising energy costs.…
REA Secures ₦50bn for Mini-Grids and Renewables
REA secured ₦50bn to finance renewable energy and mini-grid projects in underserved communities. Another $119m from…
Nigeria Moves to Expand Regional Power Trade
Nigeria is expanding its electricity market and regional power-trading capacity. Low generation remains the key challenge…
Nigeria Plans to End Electricity Subsidies in 2027
Nigeria plans to end electricity subsidies in 2027 to create a commercially sustainable power sector. The…
New Tax Incentive Targets $50bn Deep Offshore Investment
Nigeria’s new deep offshore tax incentive could unlock up to $50 billion in oil and gas…
FG Revives NNPC Listing Plan to Boost Oil, Gas Investment
President Bola Ahmed Tinubu revives plan to list NNPC on the NGX to attract fresh investment…
NRS Chairman Defends Subsidy Removal
NRS Chairman Zacch Adedeji said Nigeria’s petrol subsidy could have reached ₦53 trillion annually without the…
Stakeholders Urge FG to Delay Ban on Imported Solar Panels
Renewable energy stakeholders have urged FG to delay any ban on imported solar panels until local…