Daily Archives: May 8, 2017

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Energy and Investment Potential in Africa Revealed by New Atlas

Energy and Investment Potential in Africa Revealed by New Atlas

The new Atlas charts data from 54 countries, and shows the energy potential of Africa and opportunities for investment to meet the continent’s energy needs. Energy consumption in Africa is the lowest in the world, and per capita consumption has remained almost constant since 2000 – according to the new Atlas released Thursday 4 May

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Electricity Experts Investigate Newly-introduced Smart Metre by Jos Electricity Distribution Company

Electricity experts and stakeholders in the Nigerian power sector are in Jos, Plateau state to undertake investigation into issues arising from the newly introduced smart metres by the Jos Electricity Distribution Company (JEDC). Following complaints from energy consumers in Plateau state over high charges and alleged irregularities from the newly-fixed smart prepaid metres and a

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Pennies for a Piece of the Sun

Nigeria’s epileptic power situation is prompting some companies to commoditise solar power to address an energy gap that puts an estimated 70 million people off grid and constrains millions of small businesses. Just opposite Tin-Can Island Port in Apapa, located west of Lagos Island, lies Sagbo Koji, in Amuwo Odofin local government area, part of

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5 States to Build Solar Power Grids

Five Nigerian states are to build solar-powered mini-grids in a bid to help the Federal Government’s resolve to improve electricity generation and supply. The states are: Kaduna Imo Rivers Delta Ogun, They will be partnering with GreenElec, a France-based solar energy solution provider for the project. According to GreenElec’s President, Marvel Hochet, the use of

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Aba Landlords Petition Enugu Disco Over Crazy Bills

The landlords in the commercial city of Aba have petitioned against the Enugu Electricity Distribution Company, (EEDC), over what they described as crazy bills including forcing consumers to repair damaged electric transformers. They accused the EEDC of enslaving Aba residents with estimated and spurious bills, alleging also that the company uses security personnel, including Army,

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Power firms struggling to repay $1.42bn loans

Strong indications have emerged that investors who acquired the nation’s electricity distribution firms in 2013 are still struggling to service the loans they took from financial institutions to finance the acquisition. The Federal Government, in its Power Sector Recovery Programme report, noted that a total of $1.42bn was invested by the investors to acquire 60

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