The Chief Executive Officer of Ikeja Electric Distribution Company, Mr. Folake Soetan has said that Nigeria’s solar energy potential is estimated at around 6,500 Terawatt hours (TWh), per year, and it is currently higher than the country’s current electricity output at an average of 3,570 megawatts per day. She added that Nigeria’s wind potential, approximately 76 gigawatts, shows that there …

Residents of no fewer than seven communities in Ilorin East Local Government Area of Kwara State are groaning over incessant power blackout which has affected the area for more than 18 months. The affected communities included Oke-Oyi, the headquarters of Ilorin East local council, Agbeyangi, Oke-Ose, Panada, Badi, Adelu and Oloro in the council area. According to the chairman of …

Electricity consumers nationwide are faced with the possible dilemma and risk of not being able to energise their pre-paid meters after the Nigerian Electricity Regulatory Commission (NERC) alerted on software expiration by November 2024. Though NERC said the pre-paid meters software would crash next year, some Electricity Distribution Companies, DisCos, have warned customers that they may not be able to …

Ekiti State Governor, Mr. Biodun Oyebanji said on Monday that the state government needed N1 billion to reconnect some council areas that had been in darkness for 10 years and as well an agriculture processing zone to the national grid. Oyebanji said that the state’s 3.5MW Independent Power Plant project to supply light to government offices and tertiary institutions in …

Two groups of shareholdeers of Nigeria’s indigenous oil giant, Seplat Energy have vouched for the “authenticity, sanctity and correctness of the company’s half-year results, which reported stellar performance”. The groups –  The Eagle Eye Shareholders of Seplat Energy, and Concerned Shareholders of Seplat Energy – also expressed confidence in the capability of the company’s management to deliver superior returns and …

Entrenching sustainability as a front burner in business approach creates value for organisations, particularly when complemented with clearly defined action plan, Egbin Power Plc, Nigeria’s largest power generation has emphasised. The generating company (GenCo) made this known while announcing release of the second edition of Gree’n’lectric, an e-zine dedicated to promoting clean energy and environmental responsibility in the continent’s power …

The Management of Port Harcourt Electricity Distribution Company (PHED) has said that all things being equal, four states- Akwa Ibom, Bayelsa, Cross River, and Rivers will soon begin to enjoy uninterrupted power supply. During his meeting with stakeholders in Akwa Ibom and Rivers States, HED’s Managing Director, Dr. Benson Uwheru said the company has begun the adoption of modern innovations to …

President Bola Ahmed Tinubu, on Friday, declared that despite the nation’s current rate of energy supply, his administration is poised to address all the obstacles militating against stable electricity supply in the country. He said his administration will bring solutions to the multifarious challenges across the electric power sector value chain which will significantly relieve longstanding problems of suppressed demand …

NNPC Limited (NNPCL) has partnered with NIPCO Group to deploy 35 Compressed Natural Gas (CNG) stations nationwide. NNPCL Group Chief Executive Officer, Malam Mele Kyari said the initiative is in addition to the phased deployment of 56 CNG stations planned by NNPCL Retail across the country. He said at a briefing that once the partnership takes off, the stations could …

Russian companies are involved in 30 new power projects in Nigeria and 15 other African countries. The projects are expected to generate about 3.7 gigawatts of electricity. President Vladimir Putin of Russia made the disclosure at the Russia-Africa Summit and Russia-Africa Economic and Humanitarian Forum holding in St. Petersburg, Russia. He listed some of the power projects currently underway in …