February 8, 2025
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Home Posts tagged Power (Page 3)
Mrs. Zainab Ahmed
Business Energy

FG to review power sector privatisation as expert calls for consistent energy policies to attract investors

Ihesiulo Grace 0
Simon Ugwu Dr. Kandeh Yumkella, a two-term former Director-General of United Nations Industrial Development Organisation (UNIDO), says Nigeria needs to be consistent in implementation of its energy policies to experience development of the energy sector. Yumkella stated this in Abuja, adding that consistency in implementation of energy pricing for electricity was key to
ECOWAS
Energy

ECOWAS to invest $35bn in Nigeria’s power

Ihesiulo Grace 0
President of the Economic Community Of West African States’( ECOWAS) Commission, Marcel de Souza, has urged international communities, investors and experts in the energy sector to give priority to investing in Nigeria’s power sector, as this would certainly contribute to improving access to electricity in the entire sub-region, The President made this appeal at the […]
electricity
Headlines News Power & Energy

Electricity Workers Threaten Strike, Nationwide Power Outage Looms

Ihesiulo Grace 0
Barring any change in stance, Nigeria may soon be thrown into darkness should electricity workers, on the platform of National Union of Electricity Employees, NUEE, make good of threats to join the impending nationwide strike. FINANCAL WATCH learnt The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday said loading of products, including aviation […]
News

Power: Kwara to deploy solar energy

Ihesiulo Grace 0
Kwara state government is to deploy solar energy systems to villages, small scale businesses and key government establishments to boost electricity supply and enhance economy activities in the state. The State Governor, Dr Abdulfatah Ahmed who disclosed this when he received the National President, Licensed Electrical Contractors Association of Nigeria, Otunba Dele
Business Energy

Be patient, Fashola tells power investors

Ihesiulo Grace 0
Minister of Power Works and Housing, Mr Babatunde Raji Fashola, has urged investors in the power sector to be patient with electricity consumers or leave the sector for those willing to invest. The Minister made the call during the 11th Monthly Power Sector & Stakeholder Meeting held in Ikeja West Transmission Station, Ipaja, in Lagos […]
Business Power & Energy

Power supply dips to 2,838.03mw

Ihesiulo Grace 0
Electricity supply in the country has dropped from about 3,000 megawatts, mw to 2,838.03mw. The Presidential Task Force on Power disclosed in its report that of the 2,913.52mw generated at May 9, this year, 2,838.03mw was supplied while the balance was used to stabilize the network. The PTFP maintained that the megawatts supplied did not […]
Tech

Thorium Car, Drives for 100yrs before Refuelling

Ihesiulo Grace 0
Laser Power Systems has created a new Thorium car is completely emission-free, turbine-free, and is electricity generated. It’s one of the new sustainable-powered engines to show just how unnecessary modern day propulsion engines are and also offer an exciting alternative. Fuelled by nuclear thorium lasers, this engine only needs 8 grams of fuels every 100 years. […]
Aviation Business

SAHCOL Boss Bags African Aviation Award

Ihesiulo Grace 0
Chief Executive Officer of SAHCOL, Mr Oluropo Owolabi has been awarded as a Fellow of the African Institute of Enterprise Development and Management and certified as a Certified Professional Enterprise Manager. According to the General Manager, Corporate Communications, Mr Basil Agboarumi, the award was given in recognition of Owolabi’s contribution to the Nigerian
Features

Let There Be Light…

Ihesiulo Grace 0
Despite the unprecedented level of investment in the power sector and increase in electricity tariffs, power supply situation in Nigeria is still the same with the gap between demand and supply widening sharply in the urban areas even after the privatization exercise. Even though power generation has barely improved beyond 4000 megawatts over the past […]
Power & Energy

Jonathan Commissions Abia Power Plant

Ihesiulo Grace 0
President Goodluck Jonathan on Tuesday commissioned the Phase I 504MW (Simple Cycle Gas) Alaoji Power Plant at Umuobasi-Ukwu, Abia State. Jonathan, who described power as key to national development, said his administration is committed to improving the nation’s power supply. According to him, the commissioning was dear to him because the project would have been […]
Power & Energy

Solve Electricity Theft to save Power Sector

Ihesiulo Grace 0
The Federal Government has taken vital steps in resuscitating the electricity sector – from privatisation, intervention funds, meter procurement, and investment in new power plants to mention a few. It is understandable that these fundamental changes will take time to fully turn the sector around and assure Nigerians of constant power supply. As the Honourable […]
Opinion

Doctrine of Domination

Ihesiulo Grace 0
Considering the current crisis situation plaguing the political climate as we head towards the 2015 general election, it is necessary to recall certain significant episodes in the past, which almost miraculously diffused tension and provided a systematic solution, in place of the debacle of deadlocked diatribes that threatened our unity and stability. There can be […]