Lagos State has taken a major step towards turning tonnes of solid waste generated in the metropolis to usable energy. Governor Babajide Sanwo-Olu, on Monday, formalised a partnership with a Dutch firm, Harvest Waste Consortium, for the construction of a high efficiency Waste-to-Energy plant on Epe landfill, which will utilise advanced technology to generate clean energy from municipal solid waste, …

The Federal Government vowed on Monday to sell off the five electricity Distribution Companies (DisCos) in the next three months to reputable technical power operators. The DisCos are under the management of banks and Asset Management Company (AMCON). Abuja Electricity Distribution Company (AEDC) is currently under the management of the United Bank of Africa (UBA), Fidelity Bank manages Benin Electricity …

The Programme Director and Chief Executive of the Presidential Compressed Natural Gas (CNG) Initiatives, Michael Oluwagbemi, has announced the Federal Government’s plan to target over 25,000 jobs and $2.5 billion worth of investment by 2027. Oluwagbemi made this known during the Presidential CNG stakeholders’ engagement workshop held at BOVAS Auto-Gas filing stations, Ajibode Bus-Stop in Ibadan, Oyo State capital on …

The Nigerian Electricity Regulatory Commission (NERC) has slapped Abuja Electricity Distribution Plc (AEDC) with a fine of N200 million for failing to adhere to its tariff guidelines, and creating a stir among consumers and industry stakeholders alike. The fine comes in the wake of the Supplementary Order to the Multi-Year Tariff Order for 2024, issued on Wednesday, which AEDC has …

The Transmission Company of Nigeria (TCN) said that it has successfully restored the national power grid following its collapse at 4:28 pm on Thursday, the second electricity blackout this year. The incident scuttled the distribution of electricity by the electricity distribution companies (DisCos), to all parts of the nation. In a statement on Friday, TCN said the grid attained full recovery …

The Minister of Power, Chief Adebayo Adelabu has affirmed Federal Government’s commitment to gradually offset the debt owed Nigeria’s largest power generation company, Egbin Power, starting in April, while noting that constraints of gas supply and foreign exchange are also being tackled. This was made known  as part of his strategic measures to strengthen understanding among stakeholders, offer robust support …

The Special Adviser to the President on Energy, Mrs. Olu Veŕheijen has said that the Federal Government reserves the right to pay fuel subsidy intermittently to cushion hardship in the country. Veŕheijen said this while briefing journalists in Abuja on Friday. Earlier, the International Monetary Fund reported that the Nigerian government brought back petroleum subsidies through the back door. The …

Geometric Power Limited and the National Control Centre (NCC) at Oshogbo in Osun State have developed a timetable on how electricity will be supplied to all parts of the Aba Ring-fenced Area in Abia State following the commissioning of the Aba Independent Power Project (IPP) by Vice President Kashim Shettima on behalf of President Bola Tinubu last Monday. Both parties …

President Bola Tinubu has approved the appointment of new members of the management team of the FGN Power Company Limited, according to a statement on Friday by his spokesman, Chief Ajuri Ngelale. He explained that this is “in recognition of the critical role of power supply in driving enterprise and industrial development, and as a part of comprehensive efforts to …

Aba Power Limited, a subsidiary of Geometric Power, will start to supply power from one of its three turbines to consumers in the Aba Ring-fenced Area this weekend, two weeks ahead of schedule. The company had scheduled supplies to commercial customers 13 days after commissioning in line with technical protocols. But, according to sources, its Chairman, Prof. Bart Nnaji, who …