Energy Business DigestAMERICAN INVESTORS TO DELIVER 1,200MW OF SOLAR POWER – Signs MoU with Power Ministry
A consortium of American Investors in renewable energy, under the auspices of MOTIR SEASPIRE has signed a Memorandum of Understanding, (MoU) with the Minister of Power, Professor Chinedu Nebo, to deliver in two years, 1,200MW of solar powered electricity in Nigeria. The proposed solar technology to be installed is guaranteed U.S standard, assuring that the […]
TOWARDS BOOSTING POWER GENERATION, FG Signs Agreements with Market Participants
The Federal Government has signed agreements with Generation and Distribution companies, Independent Power Producers, International Oil Companies, and the Nigeria Gas Company, for the supply of gas. This is to further boost power generation which hit a historic high of over 4,500 MW recently in the country. The oil companies involved in the agreement signed […]
CAPACITY BUILDING, AN IMPORTANT TOOL TO TACKLE POST PRIVATIZATION CHALLENGES – WAKIL
The Hon. Minister of State, Power, Hon. Mohammed Wakil has said that the need for capacity building, as a way of effectively harnessing the gains of the on-going privatisation exercise in the sector cannot be over emphasized, this is against the backdrop of the fact that the power sector is largely driven by technical knowhow […]
AT UNVEILING OF ELECTRICITY MARKET PAYMENT SYSTEM, NEBO HARPS ON TRANSPARENCY
The Minister of Power, Prof. Chinedu Nebo, while unveiling the Electricity Market Permanent Payment System said that the Administration of President Goodluck Jonathan is determined to ensure the establishment of efficient and transparent processes that will guarantee appropriate reporting, open to all actors, in the new power sector. Speaking at the hand-over of the Trading […]
Solar Technology To Drive Nigeria’s Rural Electrification Projects – Nebo
The Minister of Power, Prof. Chinedu Nebo has said that henceforth solar technology solution will replace the traditional use of generators run with diesel as primary source of energy for the rural electrification projects across the country. Disclosing this today, when a group of officers from the Defence Command and Staff College of Bostwana, led […]
EU, GIZ Support Power Projects With Grants
The European Union and its ally, German Agency for International Co-operation have pledged grant support to Nigeria, primarily aimed at improving energy access, with focus on the renewable energy option, as well as improved energy efficiency. This disclosure was made today at the launch of the Nigerian Energy Support Programme in Abuja. Speaking at the […]
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