Daily Archives: May 11, 2017

Babatunde-Fashola

Electricity: Nobody forced you to buy those assets- Fashola tells DisCo’s

Electricity: Nobody forced you to buy those assets- Fashola tells DisCo’s

The Minister of Power, Works and Housing, Babatunde Fashola, on Monday reminded the the eleven power distribution companies in the Country that nobody forced them into acquiring the companies, saying they knew the assets of the firms before buying them. Fashola stated this while addressing stakeholders at the opening of the 15th Monthly Power Sector

Solar-Panel

Crucial Tests for Nigeria’s Green Bonds

In the last quarter of 2016, Nigeria’s former minister of environment Amina Mohammed announced a roadmap for the issuance of the country’s first sovereign green bonds. The funds raised will be used to finance environmentally sustainable schemes such as solar power and parts of the infrastructure projects included in the 2017 budget. Issuance is expected

Power-transmission-lines

LEC Supports Model Institutions Through Connectivity Project

In West Africa, the Liberia Electricity Corporation (LEC) has launched a connectivity initiative linking universities, schools and religious institutions to the national electricity grid. The Liberian Observer reported that the Schools and Religious Institutions Electricity Project started in May as part of the LEC management’s flagship project to improve the learning environment in schools and

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Solar in the Spotlight

Erratic power supply is arguably Nigeria’s Achilles heel. As recently as May 2015, the economy was nearly brought to a halt as airlines, banks, manufacturers and telecommunications companies struggled to fuel their operations due to petroleum product shortages. In 2016, the power picture did not look any better as incessant militant attacks in the Niger

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Lagos Targets 3000MW of Electricity

The Lagos State Government says it is targeting not less than 3,000 megawatts of electricity generation in the next three to five years under its embedded power programme. The Commissioner for Energy and Mineral Resources, Mr Wale Oluwo stated this while exchanging views with newsmen on the power generation programmes of the government. Mr Oluwo added

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Reps Demand Completion of Pankshin Power Station

The House of Representatives yesterday urged the Federal Ministry of Power, Works and Housing to complete the abandoned 132/33KV transmission project in Pankshin, Plateau State. The House also urged the ministry to cause the commissioning of the completed transmission station in Pankshin for the 132/33KV station in Langtang and Shendam to commence operation. Adopting a

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