Government

$350M Power Fund: Nigerian Sovereign Fund Boss Says Disclosure to be made in April

Posted: February 22, 2018 at 12:11 pm   /   Government

$350M Power Fund: Nigerian Sovereign Fund Boss Says Disclosure to be made in April By Dele Ogbodo Following the controversy which trailed the diversion of the $350 million belonging to the Nigerian Electricity Bulk Trading Company (NEBT), which necessitated the Ministers of Power, Works and Housing, Mr. Babatunde Fashola SAN and his counterpart in Finance, […]

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Why 10 NIPP Projects Were Inconclusive- Olotu, Former Power Boss

Posted: February 19, 2018 at 12:47 pm   /   Government, NDPHC

By Dele Ogbodo The former Managing Director of the Niger Delta Power Holding Company (NDPHC), Mr. James Olotu, has attributed the inconclusiveness of the 10 NIPP projects to the sudden rise in foreign exchange against the local currency and insecurity which was pervasive across the country then. Olotu, who spoke over the week end in […]

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FG Seeks Creative Solution to Deliver 2000MW of Unutilized Power, As Sector Losses N288b Annually through Imported Energy

Posted: February 13, 2018 at 8:14 am   /   Government, Ministry of Power, Photo

By Dele Ogbodo The Minister of Power, Works and Housing, Mr. Babatunde Fashola, SAN, on Monday called on all stakeholders of the energy industry to evolve creative solution to the utilization of 2000MW energy that has remain largely stranded. The minister, who made the disclosure at the 24th Monthly meetings of stakeholders in the industry, […]

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FCT Set to Experience More Power Supply as FG Commissions 100MVA Katampe Transformer

Posted: February 12, 2018 at 3:56 pm   /   Government, Ministry of Power, Photo, TCN

Gwarinpa, Maitama, Life Camp, Jabi, Kado, Mpape, Gudu, Asokoro, Katampe 1/2, Nnamdi Azikiwe International Airport and several other settlements in the Federal Capital Territory (FCT) are expected to experience remarkable improvement in electricity supply as Federal Government on Monday commissioned the newly completed 1 x100MVA, 132/33kV Katampe Transmission Substation located at Katampe along the Kubwa […]

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Electricity for Africa Agenda: AfDB Invested $1.39bn in Sector in 2017- AfDB President

Posted: February 9, 2018 at 5:08 pm   /   Government, Ministry of Power

By Dele Ogbodo and Raph Omamogho The President, African Development Bank (AfDB), Dr. Akinwumi Adeshina, has said the pan African Bank invested $1.39 billion into the continent’s energy sector in 2017, as part of its determined effort to provide electricity in the continent. He explained that the investment covered 31 operations across 27 countries, representing […]

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Fashola: Why Nigeria Lags Behind S/Africa in Energy Generation, Usage

Posted: February 5, 2018 at 6:16 pm   /   Government, Ministry of Power

By Dele Ogbodo Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, has said Nigeria though more highly populated than South Africa, lags behind her in energy generation and usage because Nigeria is largely a trading nation, while S/Africa is a mining and industrialized country. Addressing a stakeholders conference made up of civil society […]

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New Meter Regulation Will Address Meter Shortfall & Estimated Bills- FG

Posted: February 1, 2018 at 12:26 pm   /   Government, Ministry of Power, NERC, Photo

Corporate Offices of the Ministry of Power, Works & Housing soon to Run on Solar By Maxwell Ogbodo and Raph Kesiena The Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN, has assured that Nigerian Electricity Regulatory Commission, NERC, would soon unveil a new electricity metering regulation geared towards addressing the challenge of meter […]

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FG Receives 20-Year Energy Masterplan, Commends TCN for being Forward looking & Strategic

Posted: January 30, 2018 at 8:57 pm   /   Government, Ministry of Power, Photo, TCN

By Maxwell Ogbodo and Raph Kesiena The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Tuesday received the final report of the 20-year Transmission Expansion Masterplan carried out by Fichtner GmbH Consultancy Group of Germany for Transmission Company of Nigeria, TCN. Receiving the report on behalf of President Muhammadu Buhari, at the Power […]

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Fashola Receives 20 -Year Energy Master Plan, says Nigeria is on the way to Uninterrupted Electricity Supply

Posted: January 30, 2018 at 1:43 pm   /   Government, TCN

By Maxwell Ogbodo The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, on Tuesday received the report of the 20 -year energy master plan carried out by Messrs Fetchner Consultancy of Germany for Transmission Company of Nigeria (TCN). The Minister who was elated while receiving the report from the Interim Managing Director of […]

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“Electricity Supply Will Improve in a Few Years Time” VP, Osinbajo in Davos

Posted: January 26, 2018 at 8:25 am   /   Government, Ministry of Power

Maxwell Ogbodo Vice President, Prof. Yemi Osinbajo, has predicted that based on the synergies between the Federal Government and private sector inputs, electricity supply across the country will improve. In a statement made available by his Special Assistant on Media, to ENERGYBIZDIGEST online, Mr. Laolu Akande, said the disclosure by the VP was made at […]

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