Over N200 billion has been spent on the importation of Photovoltaic solar panels into the country. The Managing Director/Chief Executive Officer of the Rural Electrification Agency (REA), Abba Aliyu, stated this on Monday at a Roundtable held in Victoria Island between the REA and the Lagos State Government. The REA and Lagos State Government were in Lagos to sign a …

Egbin Power Plc, Nigeria’s largest power generation company, has once again affirmed its leadership in sustainability, clinching the Sustainable Development Company of the Year title at the industry-focused ‘Energy Times Awards 2024’. The company was recognised for incorporating sustainability into its core operations, successfully integrating economic growth, social impact, and environmental stewardship. The award organisers referred to Egbin Power’s approach …

Adebayo Adelabu, the minister of power, has condemned an attack by the Nigerian Air Force (NAF) on the Ikeja Electricity Distribution Company (IKEDC) in its headquarters on Thursday. In a statement on Friday by Bolaji Tunji, the special adviser, strategic communications to the minister, Adelabu said the attack left several injured and facilities and equipment vandalised. On Thursday, air force …

The federal government has approved a new Minimum Energy Performance Standard (MEPS) rollout and energy labelling for air conditioners (ACs). Air conditioners are among the highest energy-consuming appliances, accounting for over 40 per cent of household electricity usage. The standard also helps ensure that more climate-friendly refrigerant gasses are used in the equipment, consistent with the Government’s Nationally Determined Contribution …

The Managing Director of Anoh Gas Processing Company (AGPC), Engr. Effiong Okon has called on young professionals in the energy sector to embrace adaptability, continuous learning, and strategic thinking to navigate industry challenges and seize emerging opportunities. Okon, who was Keynote Speaker at the Society of Petroleum Engineers (SPE) Lagos Energy Week Young Professionals Symposium, emphasised the need for resilience …

The Special Adviser to the President on Energy, Mr. Olu Arowolo Verheijen has said he was reported out of context regarding an imminent 65 per cent increase in electricity tariffs. In a statement in Abuja on Monday, Verheijen said that what he said was that, following the increase in Band A tariffs in 2024, current tariffs now cover approximately 65 …

Angered by the appalling situation of Nigeria’s electricity supply sector over several decades of doing the wrong things by successive governments with no remedy in sight, even after hundreds of billions of public funds had been expended, President Muhammadu Buhari in 2018 chose a different path that had worked in other jurisdictions. He reached out to the then German Chancellor …

About 250 manufacturers and academic institutions have abandoned their respective power distribution companies to generate their own electricity. This class, many of whom are bulk electricity users, shunned the national grid amid its incessant collapse, high cost of electricity, fuel price hikes, and line trippings. Findings from different data sources, particularly from the Nigerian Electricity Regulatory Commission (NERC), showed that …

Power projects worth over N2 trillion are yet to be completed, or awarded but yet to start in different parts of the country, according to an investigation by Daily Trust. Over the years, the Nigeria’s power sector appeared to defy solutions aimed at providing sufficient and sustainable electricity supply to the country’s over 230 million populace. Experts believe that no …

Sabi EcoFusion, the Nigerian low energy budget advocates, have announced the launch of the 2025 edition of the Energy Saving Challenge, a 30-day campaign scheduled to run from 11 January to 9 February 2025. In a statement on Monday in Lagos, the organisation explained that “the main aim of the campaign is to empower subscribers with critical knowledge to drastically …