Nigerian govt hits milestone, secures N7.4bn to deploy 7mw mini-grid in Ebonyi
The Nigerian government has reached a major milestone as an indigenous energy company secured N7.4 billion to deploy a 7-megawatt mini-grid in underserved communities of Ebonyi State. The Rural Electrification Agency (REA) confirmed the development. The financing is part of a broader N100 billion Memorandum of Understanding with a Nigerian bank. The funds aim to […]
FG set to roll out N100bn solar programme for public institutions
The Federal Government has approved N100 billion for the National Public Sector Solarization Initiative (NPSSI) to provide reliable electricity to public institutions across Nigeria. Engr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), revealed the plan during a visit by NJI Administrator Justice Babatunde Adejumo to REA headquarters in Abuja. The initiative aims […]
Three Northern states announce joint electricity market, acquire equity in KEDCO
In a major step toward improving energy access in northern Nigeria, the governments of Kano, Katsina, and Jigawa States have announced a new partnership to establish a joint electricity market. The initiative follows their joint acquisition of equity stakes in the Kano Electricity Distribution Company (KEDCO), alongside its core investor, Future Energies Africa. The development […]
Tinubu welcomes Petrobras’ planned return to Nigeria after five-year exit
President Bola Tinubu has welcomed the planned return of Brazil’s state-owned oil company, Petrobras, to Nigeria after a five-year absence, calling it an important step toward closer economic ties between the two countries. Speaking during a joint press conference in Brasília on his official visit to Brazil, Tinubu said that Petrobras’ renewed presence would help […]
Jigawa invests N132 Million in CNG training centre
Jigawa State is making a big move towards cleaner energy by investing over N132 million in a state-of-the-art training centre located in Dutse. This centre is set up to teach experts how to convert petrol vehicles into ones that run on Compressed Natural Gas (CNG), which is a cleaner and more efficient fuel option. At […]
FG Plans to Add 150 Megawatts of Power Before January – Minister
The Nigerian government is taking bold steps to improve the nation’s electricity supply, with plans to add 150 megawatts to the National grid by January 2025. This was revealed by the Minister of Power, Adebayo Adelabu, during a meeting at the Presidential Villa. Adelabu explained that this development is part of the Siemens Presidential Power […]
German president- Our Companies See Improved Nigerian Investment Relations
German President Frank-Walter Steinmeier recently visited Nigeria to strengthen energy and investment ties between the two nations. During the two-day visit, he praised Nigerian President Bola Ahmed Tinubu for his economic reforms, which have begun to create a better business environment. Steinmeier was accompanied by German business leaders from various sectors, including energy, finance, and […]
Nigeria and France Ink €300m Deal to Enhance Agriculture and Food Security
On Thursday, Nigeria’s President Bola Tinubu and France’s President Emmanuel Macron signed two significant agreements in Paris aimed at enhancing agriculture, food security, and infrastructure development. These agreements, signed during an economic forum at the Palais des Élysée, are part of President Tinubu’s state visit to France. The event also saw important business milestones, such […]
Benue Government Plans to Introduce Electricity Law
The Benue State Government is preparing to introduce a new electricity law aimed at regulating the state’s energy sector. This move was revealed by Mr. Omale Omale, the Commissioner for Transport, Renewable Energy, and Power, during a discussion with journalists in Makurdi on Tuesday. Omale shared that a draft of the bill is currently under […]
Lagos Commissioners Support Biogas Initiative to Reduce Transport Expenses
Lagos is taking a bold step toward more affordable and eco-friendly transportation by turning to biogas. The state’s Commissioner for Transportation, Seun Osiyemi, believes that using biogas can significantly lower transport costs. The plan follows the creation of a steering committee by the Lagos Metropolitan Area Transport Authority (LAMATA), which will oversee the use of […]