Nigerian Mini Grid Electricity Development: $9.2billion Annual Investment Opportunities Revealed – REA

During a presentation on Tuesday, December 5, 2017, at the mini-grid action learning event in Abuja as reported by Vanguard, the Managing Director of Rural Electrification Agency (REA), Mrs. Damilola Ogunbiyi, who spoke on “Overview of the Off-Grid Opportunities and Challenges in Nigeria“, said there were enormous opportunities than challenges in the provision of electricity […]

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NERC queries Abuja Disco for over-billing customers

The Nigerian Electricity Regulatory Commission (NERC) yesterday  issued the Abuja Electricity Distribution Company (AEDC) a notice of enforcement action over what it described as ‘manifest and flagrant breaches’ of approved methodology for estimated billing of electricity consumers, The Nation reports. Its Head, Public Affairs Department, Dr. Usman Abba Arabi in a statement yesterday, said the […]

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Buhari’s oil policy likely to focus on structural reforms first, taxes last – APC

Nigeria’s president elect Muhammadu Buhari’s priorities for the oil sector may be focused on ending corruption and reforming the opaque national oil company as opposed to fiscal related issues, All Progressives Congress (APC) sources have confirmed to Reuters. Senator Bukola Saraki, whose APC party controls both houses of parliament after a landslide win, told Reuters; “We need […]

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Power supply drops again, falls to 2,988MW

Power supply from the national grid has again slumped below the 3,000-megawatts mark to 2,988.72MW on the back of gas shortfall and lower water supply to the nation’s thermal and hydropower plants respectively, The Punch reports. Gas-fired power plants generate about 70 per cent of the nation’s electricity, while the balance is derived from hydro […]

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