August 5, 2024AdvertorialDistributionNewsPower

IBEDC achieves 3,000 monthly customer interactions across 18,000 communities in Q1,Q2, 2024

… strengthens community, customers ties “Listening to our customers is vital-  Engr. Agoha, Acting MD IBEDC Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) reported an impressive 3,000 monthly interactions across 18,000 communities in its franchise areas during the first…

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August 5, 2024AdvertorialDownstreamEnergy TransitionMidstreamNewsOil & Gas

NAICE 2024 kicks off in Lagos, promising oil, gas midstream, downstream value chain optimization

… SPE Nigeria confirms participation of speakers including Oba Prof. Matemilola, Ghana’s Energy Minister, MDs of SNEPCO, Aradel, Seplat Energies, and others Oredola Adeola The Society of Petroleum Engineers (SPE) Nigeria Council has confirmed distinguished speakers for the 47th edition…

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July 31, 2024Energy TransitionEnvironmentImpactNewsOil & GasOpinion-editorialUpstream

Divestment: Nigeria’s national interest, oil assets bidders amidst environment, community concerns

Op-ed by Ibrahim Musa There are strong indications that environmental pollution, conflicts with host communities, community-based petitions, inability or unwillingness to pay judgment debts, decommissioning liabilities as well as lack of financial capacity and technical competence can affect some companies…

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July 31, 2024DistributionNewsPowerTransmission

FGN Power Company signs $118m contract for 2,670km DisCos line rehab, construction with Elsewedy Electric, Power China

… FGNPC MD says “Siemens Energy does not specialize in distribution lines” … constructs 687 km of new DisCos lines, rehabilitate of 1,983 km of existing lines Oredola Adeola The Federal Government of Nigeria Power Company (FGNPC) has announced the…

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July 31, 2024DistributionFeatureNewsPower

Sluggish customers metering: Over 7.19 million (54.58%) still rely on estimated billing as of June, 2024

… as DisCos installed only 12,854 in June alone, despite N21bn meter allocation … metering performance: Ikeja Electric tops with 76.64%, Abuja DisCo at 70.17%, Eko DisCo at 56.71%   Oredola Adeola Nigeria’s electricity crisis deepens as only 5.99 million…

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July 27, 2024GasLocal ContentNewsOil & GasService CompanyTechnology

NCDMB commends Lee Engineering for 350 projects achieved with zero incidents over 34 years

Engr. Ogbe pledges ongoing support for Nigerian service companies … vows to bring jobs to Lee Engineering 10,000sq m fabrication yard in Warri, Delta State Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board…

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July 27, 2024ConcessionDistributionNewsPower

NERC enforces Electricity Act 2023, ends NBET’s role in electricity contracts

… Johnson Akinnawo  takes over as Acting MD/CEO of NBET, as Dr. Ewelukwa retires … NERC novates NBET’s contractual rights to 10 private companies for bilateral electricity trading … only 8 out of 28 GenCos have secure contracts with NBET…

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July 26, 2024Energy TransitionFinanceGenerationGreen FinanceHydroplantLocal ContentNewsPower

Adegbemle, PowerUp Nigeria urges REA, others to share data, optimize green funding utilization

… insists data transparency, private collaboration crucial for Nigeria’s 30GW renewable energy vision by 2030 Michelle Savage Adetayo Adegbemle, Executive Director of PowerUp Nigeria, has challenged the Rural Electrification Agency (REA) and other relevant agencies to move beyond rhetoric and…

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July 25, 2024ConcessionDistributionDocumentaryEnergy TransitionFinanceGenerationGreen FinanceImpactNewsPowerRenewablesReviewSustainabilityTechnology

REA, CPPE, NAEC identify investment, actions as key drivers of Nigeria’s green economy sustainable future  

  Michelle Savage Abba Aliyu, Acting Managing Director/CEO of the Rural Electrification Agency (REA), Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, and Ugochukwu Amadi, National Chairman of the Association of Energy Correspondents of Nigeria…

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July 25, 2024ConcessionEnergy TransitionGreen FinanceHydroplantImpactMultilateral FinanceNewsPowerRenewablesSolar

Dr. Agama, DG SEC announces Nigeria’s plan to launch third green bond in September 2024, 5 years after

… proposes solar energy estates in Northern Nigeria for job creation …laments over Nigeria’s University energy cost, as UNIBEN, ABU commit N341M, N450M monthly on power bills  Oredola Adeola Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission,…

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