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In order to improve electricity supply around Ibeju-Lekki area in Lagos and Agbara Industrial area in Ogun State, the Niger Delta Power Holding Company (NDPHC) and Eko Electricity Distribution Company Plc (Eko Disco), have signed a bilateral agreement for the sale of up to 300MW of power from NDPHC’s power plants to customers in these areas within Eko Disco’s franchise areas.
Power supply in Nigeria continued to struggle as grid generation fell to 3,223 mega watts as at 2pm on Sunday, as gas supply shortage to power plants showed no sign of abating.
The Niger Delta Power Holding Company, NDPHC, a key intervention agency in the power sector, has contributed over 3,400 megawatts, MW, to the national grid, while delivering 22 substations, a new report has shown.
Tech powerhouse Taiwan resumed power early in the evening on Thursday following several hours of phased blackouts islandwide, a problem that briefly impacted major semiconductor firm TSMC.
Consumers, unions and business leaders in Ivory Coast are sounding the alarm about waves of blackouts that are hitting major cities, including the economic capital Abidjan and its five million residents.
Kano State Electricity Distribution Company (KEDCO) has signed a Memorandum of Understanding (MoU) with Konexa, a foreign investor, for the generation, storage, and distribution of electricity.
Vice President Yemi Osinbajo has pledged the support of the federal government for positive initiatives from all stakeholders in the Nigeria project.
The World Bank yesterday expressed fresh concerns about the current subsidy regime in the Nigerian Electricity Supply Industry (NESI), projecting that the federal government could be paying as much as N3.4 trillion by 2023 if the current shortfall persists.
The Kano Electricity Distribution Company (KEDCO) has appealed to electricity consumers for understanding over recent shortage of power supply in its franchise areas.
The execution of the nation’s $2.8 billion Ajaokuta-Kaduna-Kano, AKK gas pipeline project was boosted, weekend, through the delivery of 96 pipes from Warri to Itakpe in Kogi state.
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Alhaji Mele Kyari has said that the corporation will partner with Borno State Government to establish a Gas Power Plant following the vandalization of the national grid by insurgents which put the state almost three months into total blackout.
The Nigerian National Petroleum Corporation (NNPC) on Thursday said it generated a total of N2.197trillion from the sale of petrol between December 2019 to December 2020.
The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and to accelerate growth.
The management of the Niger Delta Power Holding Company, NDPHC, has disclosed that the company has entered a bilateral agreement with the Republic of Togo to supply the country with 70 Megawatt, MW, of electricity under the Power Purchase Agreement, PPA.
The minister of industry, trade and investment, Niyi Adebayo, says Nigeria’s trade agenda is to operate on the world stage, noting that the country has outgrown Africa.
Hundreds of thousands of protesters took to the streets in Myanmar for a ninth day of anti-coup demonstrations on Sunday, as the new army rulers grappled to contain a strike by government workers that could cripple their ability to run the country.
The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020.
The Nigerian National Petroleum Corporation (NNPC) has reported that it sold N2.015 trillion worth of petrol from November 2019 to November, 2020.
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N13.43billion for the month of November 2020 up by 54% when compared to the N8.71billion surplus recorded in October 2020.
MTN Nigeria said on Wednesday it notified some enterprise customers about a potential service disruption to enable them put in place business continuity measures.
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation’s state power company, Senelec, said.
The incident happened at a village called Ikot Ataku, Okon, in Eket Local Government Area. The pastor has been identified as Chris Enoch, the founder of Omega Word Global Ministries.
Naira for the second day in a row fell against the U.S. dollar at the official market Wednesday, but managed a rebound at the parallel market, a day after hitting its lowest black-market rate in at least four years.
Gunmen have attacked the country home of Ekene Nnodimele, the lawmaker representing Orsu State Constituency in the Imo House of Assembly.
Human rights lawyer, Mr. Femi Falana (SAN), has disclosed that the Grazing Reserves Act of 1964 which President Muhammadu Buhari was bent on reviving was only applicable to northern Nigeria in the 1960s.
British foreign minister Dominic Raab said on Friday there was no doubt some countries were using vaccines as a diplomatic tool to secure influence but Britain did not support so-called vaccine diplomacy
Governor of Ondo State, Oluwarotimi Akeredolu, has questioned the workability of a return to open grazing, practised during the First Republic as directed by President Muhammad Buhari.
Chelsea will continue to shop at the top table in the transfer window with a plan to bring in Borussia Dortmund teenager Jude Bellingham in the longer term.
Trabzonspor are interested in adding Nigerian wing wizard, Ademola Lookman, to their playing personnel and have registered their interest with the player’s parent club RB Leipzig, says Turkish publications Fotomac.