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Power

Home › Energy ›

Eko DisCo earmarks N18bn expenditure for 2023 capital expenditure 

Innocent ObasiJanuary 6, 2023

Eko DisCo earmarks N18bn expenditure for 2023 capital expenditure 

By Innocent Obasi Eko Electricity Distribution Company (Eko DisCo), one of the eleven downstream operators in the Nigerian electricity market, has allocated the sum of N18 billion for its expenditure in 2023. Tinuade Sanda, the managing director/CEO of the company, made this disclosure while reviewing the company’s 2022 performance and projections for the new year, […]

Kaduna Electric unveils whistle blower platforms

Innocent ObasiJanuary 6, 2023

Kaduna Electric unveils whistle blower platforms

By Innocent Obasi Kaduna Electricity Distribution Company (KEDC), one of the eleven downstream operators in the Nigerian Electricity market, has launched its whistle-blower platforms where customers can report both staff and customer misdemeanour. Yusuf Usman Yahaya, the managing director/CEO of the company, made this disclosure on Tuesday in Kaduna, saying that the company has provided  […]

Mo Ibrahim faults COP27’s impact on Africa’s vulnerability to climate change 

Innocent ObasiDecember 8, 2022

Mo Ibrahim faults COP27’s impact on Africa’s vulnerability to climate change 

 By Innocent Obasi Mo Ibrahim, the founder and chairman of  the Mo Ibrahim Foundation (MIF), has noted that the recently held  United Nations Climate Change Conference (COP27), did not achieve the desired impact on Africa’s specific vulnerability to the impact of climate change. Sharing  his views on the conference, Ibrahim said; “We mustn’t delude ourselves […]

Aba Power begins consumer survey, as its American partner trains 35 Nigerian professionals 

BEN EGUZOZIEDecember 6, 2022

Aba Power begins consumer survey, as its American partner trains 35 Nigerian professionals 

BY BEN EGUZOZIE …Set to end suppressed demand in electricity Ahead of commencement of full electricity distribution operations in Aba, an industrial city, Aba Power Ltd (APL), run by Geometric Power Ltd, has begun a survey of consumers expected to be hooked on its electricity supply grid in the Aba Ring-Fenced Area (RFA). The power […]

Nigerian states move to stop FG’s planned sale of 10 power plants

business AMNovember 24, 2022

Nigerian states move to stop FG’s planned sale of 10 power plants

  By Business AM The governors of Nigeria’s 36 states have approached the court seeking to stop the federal government’s plan to sell 10 power plants in the country. The said power plants are under the National Integrated Power Projects (NIPPs) being implemented by the Niger Delta Power Holding Company (NDPHC), a power generation and […]

Lagos,USAID partner to boost electricity access for residents

Innocent ObasiNovember 24, 2022

Lagos,USAID partner to boost electricity access for residents

  By Innocent Obasi   Residents of Nigeria’s commercial capital may soon enjoy reliable access to electricity following the completion of the Lagos State Integrated Resource Plan (IRP). The plan, aimed at bolstering the overall energy security for residents. will outline a framework to meet future electricity demand in the state by establishing the availability of fuel […]

Developer of $600m Geometric Power talks up Aba as project site 

Maduabuchi EfegadiOctober 31, 2022

Geometric Power plant in Aba, Abia State

BY MADUABUCHI EFEGADI  City’s economic, technological potential great Rues project’s 9-yr rights ownership tussle Project’s expected ROI could be affected Barth Nnaji, the Nigerian professor of manufacturing engineering and robotics in the United States and developer of the $600 million Geometric Power plant in Aba, Abia State, is talking up the city and why his […]

Geregu Power’s annual profit up 46% as turnover nears N71bn

Chisom NwatuOctober 11, 2022

Geregu Power's annual profit up 46% as turnover nears N71bn

By Chisom Nwatu Nigerian Exchange’s debutant Geregu Power Plc has attained for 2021 a net profit level 45.5 percent above the figure it announced a year earlier, according to the audited earnings report of the Ajaokuta-based gas power generator issued on Monday. Remarkable increase in the volume of energy sold and capacity charge were the […]

$127bn needed to unlock potential of green mini-grids in Africa, says report

Mike OchonmaOctober 11, 2022

$127bn needed to unlock potential of green mini-grids in Africa, says report

BY MIKE OCHONMA     Researchers have recommended investing $127 billion in green mini-grids to provide access to electricity for half a billion people in developing countries, particularly in sub-Saharan Africa, according to a new report by the World Bank. According to the report, produced by the World Bank’s Energy Sector Management Assistance Program (ESMAP), investing $127 billion in […]

Nigeria’s decentralised renewable energy sector jobs to exceed 76,000 by 2023, says study

Innocent ObasiOctober 6, 2022

Nigeria's decentralised renewable energy sector jobs to exceed 76,000 by 2023, says study

By Innocent Obasi     Nigeria has created a robust market position in decentralised renewable energy (DRE) and is poised to reap the benefits as it addresses energy poverty and rural unemployment, according to a new report. The report, ‘Powering Jobs Census 2022: The Energy Access Workforce Nigeria’, was launched by Power for All, a global network […]

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