News

TEH Power Dialogue unveils strategies to boost energy access in Nigeria

Ihesiulo Grace 21 November 2024 0

The Electricity Hub (TEH), a subsidiary of Nextier, has engaged a panel of experts to discuss strategies for expanding renewable energy and improving energy efficiency in Nigeria, using the platform of its 99th Power Dialogue, hosted in Abuja. Focusing on “Enhancing Energy Access in Nigeria

News

Energy, future of Nigeria, Africa – Tinubu’s aide at South Africa summit

Ihesiulo Grace 8 November 2024 0

BY STEPHEN GBADAMOSI The Special Adviser on Energy to the President of Nigeria, Office of Energy, Mrs. Olu Arowolo Verheijen, has said that the future prosperity of African countries, including Nigeria, is rooted in energy development. This was contained in her opening address at the African Energy Week held at Cape Town, South Africa, recently. […]

Headlines

Reps to probe $2bn renewable energy grants

DailyTimesNGR DailyTimesNGR 4 November 2024 0

The House of Representatives Committee on Renewable Energy says it will investigate the usage of $2 billion renewable energy grants to the country. The Chairman of the Committee, Rep. Victor Afam (LP-Anambra), said in a statement issued on Sunday in Abuja. He said that the public hearing, scheduled for Tuesday, Nov. 5, and Wednesday, Nov. […]

News

FG creates Energy Security Directorate in ONSA, appoints new Director

DailyTimesNGR DailyTimesNGR 18 September 2024 0

The Office of the National Security Adviser (ONSA), has announced the creation of the Directorate of Energy Security and appointment of Ojukaye Flag-Amachree, as the new Director. This is contained in a statement by the Head, Strategic Communication, ONSA, Mr Zakari Mijinyawa, on Tuesday in Abuja. Mijinyawa said the new role came as part of […]

Business

Cybersecurity threats endanger growth of renewable energy sector-Experts

DailyTimesNGR DailyTimesNGR 22 August 2024 0

BY TEMITOPE ADEBAYO Experts are warning energy development companies that a wave of cybercrime is targeting the electricity industry and throwing significant pressure on renewable energy development. Cybercriminals represent a risk to the renewable energy sector, with potentially grave consequences for electricity grids from malicious hackers. A skills shortage in the

News

LNG as a bridge fuel in the transition to renewable energy: A global perspective

Ihesiulo Grace 2 May 2024 0

The global energy sector is at a pivotal moment in history. As governments and industries face mounting pressure to reduce their carbon footprints and mitigate the devastating effects of climate change, the transition to renewable energy has become an essential objective. However, this transition is fraught with challenges. Renewable sources such as wind and solar […]

News

Iran to help Nigeria solve energy problem

Ihesiulo Grace 18 August 2023 0

…as Envoy meets Reps Ugochinyere, By Tunde Opalana The Government of the lslamic Republic of Iran has once again asserted its eagerness to support the Nigerian government in addressing its energy challenges through collaborative investment and cooperation, primarily, in the development of the oil and gas sector’s downstream division, including refineries and related

Headlines

Buhari: We’ve provided incoming govt tools to guide Nigeria’s energy future

Ihesiulo Grace 18 April 2023 0

BY ORIAKU IJELE The Federal Government says the incoming administration in the country will have no difficulty administering the energy sector and positively guiding its future, based on the achievements of the current administration. President Muhammadu Buhari said this on Monday at the Banquet Hall, Presidential Villa, while declaring open the Nigeria International

News

How Nigeria can benefit from Energy Fund -Analysts

Ihesiulo Grace 26 December 2022 0

Energy analysts have listed conditions for Nigeria to benefit from the over $100b African carbon market initiatives geared towards achieving clean energy Africa had recently secured about $64m, brokered by the Sustainable Energy Fund for Africa, from the Norwegian Agency for Development Cooperation (NORAD) as well as the Global Energy Alliance for People and Planet […]

News Oil & Gas

Rahamaniyya, Sahara to settle oil deal rift out of court in national interest

Ihesiulo Grace 21 August 2020 0

Out of the desire to ensure a smooth supply of petroleum products into the Nigerian market and to strengthen the nation’s oil sector, two of the key players, Rahamaniyya Oil and Gas and Sahara Energy have agreed to settle their differences out of court. Daily Times gathered that both parties’ agreement to withdraw legal action […]

Entertainment News

How COVID-19 Has Affected the Film Industry

Ihesiulo Grace 22 May 2020 0

The COVID-19 pandemic has affected every sector of the economy. Banking, oil and gas, tourism, telecommunication, education, energy, even the film, entertainment and media industries have been directly or indirectly affected by the pandemic. Prior to this global health challenge, the News Agency of Nigeria (NAN) reported that cinemas in Nigeria earned over N3 billion […]

News

Energy financing in Africa: Nigeria’s role and the path to sustainable development

Ihesiulo Grace 27 January 2020 0

The place of energy financing in Africa is pivotal as the continent grapples with the dual challenge of meeting its growing energy demand while transitioning to sustainable energy sources. With Nigeria at the forefront of Africa’s energy economy, the discussion on financing energy infrastructure is both timely and necessary. Despite its status as Africa’s largest

Business

LASG harps on importance of energy sector

Ihesiulo Grace 9 January 2020 0

The State Commissioner of Energy and Mineral Resources,  Olalere Odusote expressed the desire of the current administration to create enabling environment for oil companies in the state in line with its campaign for ease of doing business. He also said the current administration in Lagos was determined to promote clean energy and improve its use […]

Business News Power & Energy

BEDC turns out 134 trainees to improve service delivery

Ihesiulo Grace 13 September 2019 0

BEDC Electricity Plc (BEDC) has turned out another set of 60 Graduate Trainees and 74 Technician Trainees for its 2018/19 edition in its quest at improving service delivery to customers and bridging skills gap in the power sector. It also announced take-off locations for the Meter Asset Provider (MAP) scheme in Delta state. Managing Director/CEO, […]

Politics

BEN TV founder, Soyode declares for Nigerian presidency

Ihesiulo Grace 8 May 2018 0

Europe’s first ethnic media satellite channel’s founder and its former CEO, Mr. Ali Soyode, has formally declared his intention to run for Nigeria’s President in 2019. Soyode is also the convener of YES Nigeria, a fast-rising positive and innovative movement in the country. Addressing stakeholders and supporters in the country’s capital, Abuja on Monday, Soyode […]

Energy

FG assures Nigerians of 4,500MW minimum electricity supply from 2018

Ihesiulo Grace 2 February 2018 0

Nigeria’s Federal Government said the implementation of the Power Sector Recovery Programme (PSRP) will ensure a minimum baseline daily power supply of 4,500Mega Watts (MW) from 2018. A fact sheet document obtained by the NAN from the coordinators of the PSRP in Abuja indicated that PSRP would also prioritise operational and technical interventions to ensure […]

Business

LAHA set to enact law on 24-hr electricity

Ihesiulo Grace 22 December 2017 0

Lagos State House of Assembly(LAHA) is set to enact a law that would strengthening electricity generation and ensure 24 hours’ uninterrupted power supply in the state. A bill to this effect would soon be passed into law by the Lagos State House of Assembly. The bill, which went through public hearing on Wednesday, was described […]

Business Nigeria

N24bn money laundering : Court ordered parties to maintain status quo

Ihesiulo Grace 18 December 2017 0

A Federal High Court, Ikoyi, Lagos has ordered a Nigerian firm, Nadabo Energy Limited and a London- based company, Trafigura Beheer BV engaged in legal battle over a cargo of 950,000 crude oil to maintain status quo. The court also warned the two parties not do anything that will overreach it. Justice, Rilwan Aikawa had […]

Business

Global Spectrum Joins NSE

Ihesiulo Grace 29 November 2017 0

….plans to grow profit by 200 per cent in 5 years An integrated oil & gas offshore support vessel services firm with operations in West Africa, was on Monday, November 27, 2017, listed on the trading platform of the Nigerian Stock Exchange (NSE). About 800 million ordinary shares of the company, Global Spectrum Energy Services […]

Business

OPEC meets Thursday on ‘tougher policy’ talks

Ihesiulo Grace 29 November 2017 0

OPEC is heading for tougher-than-expected policy talks on Thursday amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a further price rally. “It will not be an easy meeting and we always look at various scenarios,” United Arab Emirates Energy Minister Suhail Al-Mazroui said on […]