Gas-producing companies in Nigeria have renewed calls for the Federal Government to urgently address the N2.7 trillion legacy debt owed to them for gas supplied to electricity generation companies (GenCos). …
Nigeria power sector
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructureNigeriaOil & Gas
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GOVERNMENTManufacturing & Consumer GoodsNewsNigeria
AEDC Refunds N241.45m Electricity Credit to Nearly 10,000 Customers Over Billing Issues
The Abuja Electricity Distribution Company (AEDC) has refunded a total of N241.45 million worth of electricity credit to 9,823 customers across its service areas, following billing errors and regulatory breaches …
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EnergyGOVERNMENTNigeriaWestern AfricaWisolar
FG: Nigeria Lacks Half the Skilled Workers Needed for Power Sector, Eyes 10,000 Jobs in Renewable Energy
The Federal Government has said that Nigeria currently has only about half the human capital needed to run its power sector efficiently, especially in the rapidly growing renewable energy space. …
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EconomyEnergyGOVERNMENTInfrastructurePolicies
Nigeria cuts electricity subsidies by 35% after tariff hike
The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …
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EconomyGOVERNMENTInfrastructureNigeria
NDPHC Says It Has Spent Over N500bn on Power Transmission Projects Nationwide
The Niger Delta Power Holding Company (NDPHC) has revealed that it has invested more than N500 billion in power transmission infrastructure across Nigeria. This was disclosed by the Managing Director …
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AfricaAFRICA NEWSEconomyEnergyEnvironmentNigeriaWestern Africa
Nigeria Firms Launch $500m Fund to Boost Renewable Energy Projects
In a bold move to tackle the nation’s persistent power woes and reduce dependence on fossil fuels, a coalition of Nigerian firms has unveiled a massive $500 million fund targeted …