Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
Tag: Nigeria
EU to Invest €37m to Boost Electrification in Nigeria
The European Union has disclosed plans to invest €37 million to boost hydropower, solar power for health…
Dangote Refinery Plans to Export First Fuel Cargo
Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from…
TotalEnergies Achieves Upstream Zero Routine Flaring in Nigeria
TotalEnergies has announced that it has achieved zero routine flaring in all its upstream operations in…
Nigeria to Clear $2.16b Debt, Fix Gas Shortages— Power Minister
Nigeria’s power minister, Adebayo Adelabu, has said that Nigeria plans to fix its chronic power woes…
Nigeria Can Produce 2.2mbpd of Oil – NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…
Konexa, NSP to Sign £14m Deal to Power Nigerian Breweries with Renewables
Konexa, a UK energy firm, will sign a £14 million deal today with Nigerian power generation…
FG, UNEP Partner to Provide Energy-efficient Cooling Solutions
The federal government and the United Nations Environment Programme (UNEP) have said they are working towards…
CESEL-Concerto Powers 1,200 Houses in Osun State
The Community Energy and Social Enterprise Limited (CESEL-Concerto) Joint Venture (JV) has delivered clean electricity to…
NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…