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Adelabu encourages certification of products by local manufacturers in power sector
May 28, 2024DistributionGenerationNewsPowerTransmission

Adelabu encourages certification of products by local manufacturers in power sector

  … mandates agencies to prioritize homegrown suppliers   Oredola Adeola   Adebayo Adelabu, Minister of Power, has called on major manufacturing companies to ensure their products meet the necessary standards through certification.   He therefore asserted that all agencies…

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President Tinubu approves $100m investment from 4 agencies under Min. of Petroleum Resources, for $5bn Africa Energy Bank shares
May 24, 2024DocumentaryDownstreamEnergy TransitionFinanceGenerationGreen FinanceImpactMidstreamNewsOil & GasPowerRenewablesUpstream

President Tinubu approves $100m investment from 4 agencies under Min. of Petroleum Resources, for $5bn Africa Energy Bank shares

  … APPO, Afrexim Bank technical inspection team validates Nigeria’s readiness to host AEB hqtrs   Oredola Adeola   President Bola Ahmed Tinubu has  approved $100 million investment from four key agencies under the Ministry of Petroleum Resources, surpassing the…

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NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license
May 9, 2024DistributionGenerationNewsPower

NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license

… “Obtain licenses or face sanctions” – NERC Vice Chairman warns power investors Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has slapped CCETC Suk Power Company Limited, a Chinese-owned power firm operating in Nigeria, with a hefty penalty for…

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FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 
May 9, 2024DistributionDocumentaryEnergy TransitionGenerationGreen FinanceImpactNewsPowerSolarTransmission

FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 

… unveils lists of several approaches necessary to accomplish Nigeria’s energy goals … seeks stakeholders’ input   Oredola Adeola   The Federal Government has launched the Gazettes of the National Energy Policy (NEP) and National Energy Master Plan (NEMP), crafted…

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Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW
May 9, 2024ConcessionGenerationHydroplantNewsPower

Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW

Oredola Adeola   Mainstream Energy Solutions Limited has commenced the installation of $82 million generating units 1G3 and 1G4 in the empty pits at the Kainji Hydropower Plant, aiming to raise the plant’s total installed capacity from 760 megawatts (MWs)…

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NAEC 2024 International Energy Conference set for October 3 in Lagos
April 30, 2024AdvertorialDistributionDownstreamEnergy TransitionFinanceGasGenerationMidstreamNewsOil & GasPowerService CompanyUpstream

NAEC 2024 International Energy Conference set for October 3 in Lagos

  ….”We are focusing on solutions to energy transition, gas-to-power conundrums, underscoring Nigeria’s energy prosperity,” – Organisers   Oredola Adeola Top energy industry leaders and experts are expected to converge in Lagos on October 3, 2024, at the Association of…

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Ondo takes over electricity regulation: NERC transfers power to OSERB in compliance with amended constitution, Electricity Act
April 24, 2024DistributionGenerationNewsPowerTransmission

Ondo takes over electricity regulation: NERC transfers power to OSERB in compliance with amended constitution, Electricity Act

…  Benin DisCo ordered to establish subsidiary for in-state electricity distribution in Ondo State   Oredola Adeola After eight months of engagement the Nigerian Electricity Regulatory Commission( NERC) has transferred power for the take over of regulatory oversight of the…

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Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024
April 19, 2024EditorialFinanceGenerationImpactNews

Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024

… record soaring revenues, profits, strategic growth   Oredola Adeola   Amid Nigeria’s ongoing challenges within the power supply landscape, Geregu Power Plc and Transcorp Power Plc have demonstrated notable financial success in the first quarter (Q1) of 2024.  …

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TCN installs generation loss detection system in Osogbo to boost real-time grid monitoring, power stability
April 17, 2024DocumentaryGenerationNewsPowerTechnology

TCN installs generation loss detection system in Osogbo to boost real-time grid monitoring, power stability

…     Oredola Adeola The Transmission Company of Nigeria (TCN) has introduced the Generation Dip/Loss Detection System (GLDS) at the National Control Center (NCC) in Osogbo, which enables grid controllers to monitor and analyze grid performance in real-time, detect…

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Governor Adeleke charges IBEDC to rectify erratic power supply in Osun State, calls for immediate action
April 7, 2024DistributionGenerationNewsPowerTransmission

Governor Adeleke charges IBEDC to rectify erratic power supply in Osun State, calls for immediate action

.. deems erratic power supply in Osogbo, the state capital hosting the National Transmission Control Centre, as unacceptable   …Unveils Osun State power sector agenda   Oredola Adeola   Ademola Adeleke, Osun State Governor, has directed the Ibadan Electricity Distribution…

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