Home Topics Renewable Energy

Renewable Energy

Nigerian National Petroleum Corporation (NNPC)

NNPC forecasts $1 trillion losses in global oil production by December

The Nigerian National Petroleum Corporation (NNPC) yesterday projected global losses from exploration and production activities due to slowing demand for crude oil amid the COVID-19 pandemic will hit about $1 trillion by the end of 2020.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN lists business activities eligible for N75 billion youth investment fund

The Central Bank of Nigeria (CBN) has revealed main business activities and sectors in the Nigerian economy that are eligible to access its N75 billion Youth Investment Fund.
Embattled President of African Development Bank (AfDB), Dr Adewumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in his re-election bid next month.

Akinwumi Adesina re-elected AfDB president

Dr. Akinwunmi Adesina has been re-elected as the President of the Africa Development Bank.

Don identifies renewable energy as panacea to curb incessant collapse of national grid

A don, Dr Ovat Oyama, says increased investment in renewable energy will be the panacea to curbing the epileptic power supply caused by incessant collapse of the national grid.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 2

PDP kicks as Senate okays President Buhari’s bid to borrow N850 billion

The upper chamber of the Nation­al Assembly on Tuesday approved President Muhammadu Buhari’s request to borrow the sum of N850 billion from the domestic capital market to finance projects in the 2020 budget.

Turning coronavirus tragedy into opportunity for new Nigeria

As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID–19) in China has rapidly permeated and profoundly changed the world.
Nigerian National Petroleum Corporation (NNPC)

NNPC promise to supply cheaper fuel

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has stated that petrol would become cheaper and more environment-friendly in Nigeria once the Ajakuta-Kaduna-Kano (AKK) gas pipeline was completed.
Nigeria may face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project.

House of Reps: Mambilla hydropower project only on papers

The Chairman, House of Representatives, Committee on Power, Hon Magaji Da’u Aliyu, has said the over 40 years old Mambilla Hydro-Power project only existed on papers because there was nothing on ground to show that the project has commenced before the coming of this administration.
Lagos State Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke,

LSETF, USADF award grants to 11 vocational training centres

The Lagos State Employment Trust Fund (LSETF), in partnership with the United States African Development Foundation (USADF), has awarded grants to 11 Vocational Training Centres (VTCs) following the successful completion of the due diligence and project development phases of the LSETF-USADF Employability Programme.
Recall that the N10.594 trillion 2020 Budget passed by the National Assembly was on Tuesday assented to by President Muhammadu Buhari. 4

President Buhari approves committees for Mambilla power project

President Muhammadu Buhari has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in Taraba State.
Simon Lalong

Plateau governor congratulates resident for winning Rhodes Scholarship

Gov. Simon Lalong of Plateau State has congratulated Nwangele Godwin, a 25-year-old Nigerian winner of the 2020 Rhodes Scholarship for West Africa who was born and brought up in Jos.

CEEWABA pledges to attract more FDI into Nigeria

The Nigerian advisor for Central Eastern European & West African Business Association (CEEWABA), Ambassador Adedotun Adepoju, has reiterated the Association’s readiness to attract Foreign Direct Investment (FDI) into Nigeria from the far Central Eastern European investors.
Lagos State Governor, Babajide Sanwo-Olu has consented to the request by the authorities of the University of Lagos (UNILAG) to float a jetty at the school’s waterfront to complement transportation on the campus.

Lagos governor to approve jetty at UNILAG waterfront

Lagos State Governor Babajide Sanwo-Olu has consented to the request by the authorities of the University of Lagos (UNILAG) to float a jetty at the school’s waterfront to complement transportation on the campus.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.

Federal government to conduct fresh oil blocks bid rounds in 2020 – minister

The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.

AfDB to phase out coal power stations across Africa

Dr Akinwumi Adesina, President, African Development Bank (AfDB), has revealed plans by the bank to phase out coal power stations across Africa and switch to renewable energy.

Climate change: Stakeholders commend Nigeria’s efforts

Stakeholders in the environment sector have commended Nigeria’s implementation of its Nationally Determined Contributions (NDCs) in terms of mitigation and adaptation of climate change.
President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’. 2

President Buhari: Asia is Nigeria’s strategic partner for socio-economic development

President Muhammadu Buhari has described Japan as Nigeria’s strategic partner for socio-economic development.
President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’. 4

President Buhari: Nigeria offers attractive investment opportunities

President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’.

Recent Stories

UN, EU urge media to intensify advocacy against gender violence

The joint EU-UN Spotlight Initiative, on Monday called on the media to intensify advocacy through reportage of violence against women and girls to end the menace in the country.
The PDP and its candidate, Babatunde Gbadamosi, are urging the court to disqualify the APC candidate, Tokunbo Abiru, over his alleged possession of two voter cards.

Tokunbo Abiru proposes antidote for national challenges

Mr Tokunbo Abiru, APC’s candidate for the Lagos East bye-election, has said that quality representation at the National Assembly is an antidote to diverse national development and security challenges.
US President Donald Trump speaks with General Motors CEO Mary Barra during a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC on January 24th, 2017. - Photo by Saul Loeb - AFP via Getty Images

General Motors abandons Donald Trump’s war against California’s pollution powers

General Motors announced today that it is abandoning Donald Trump’s effort to take away California’s ability to set fuel efficiency standards. The company, along with Fiat Chrysler and Toyota, previously backed Trump’s efforts to roll back fuel efficiency standards.
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa on Friday disclosed how the immediate past administration of former Governor Akinwunmi Ambode employed blackmail and harassment to witch-hunt and deprive the House of performing its duties appropriately.

Speaker: Lagos Assembly to pass 2021 budget before December 31

The Speaker, Lagos State House of Assembly, Mudashiru Obasa, says the 2021 Appropriation Bill currently before the house will be passed before Dec. 31.

We believe it is South East’s turn to produce next president – Ebonyi PDP...

The Elder and major Stakeholders of the Peoples Democratic Party (PDP) on Monday affirmed the belief that it is the turn of the South East to produce President of Nigeria in 2023.