Daily Archives: August 11, 2017


N4.637 Trillion Power Plants with 6,000 Megawatts Capacity Idle

N4.637 Trillion Power Plants with 6,000 Megawatts Capacity Idle

About 12 power projects in the country, with cumulative construction value of N4.637 trillion and installed capacity of over 6,000 megawatts (MW) have either been abandoned by the operators or remained idle since completion. This is amid the country’s struggle to generate less than 4,000MW daily for consumers. Besides, about 15 power units in various

Aliko Dangote, President and Chief Executive of Nigeria's Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June 6, 2008. REUTERS/Mike Hutchings (SOUTH AFRICA)

Dangote Promises to Stop Power Outage in Kano

Dangote Group has signed a Memoranda of Understanding (MoU) with the Kano State Government for the proposed 100MW Dangote-Black Rhino Solar Power Plant. The formal agreement for the project, which is to be sited at Zakirai, in Gabasawa Local Government Area of the state, took place thursday, at the office of Secretary to the State


Nigeria Seeks N1.4trn to Achieve Rural Electrification Target by 2040

A federal government Rural Electrification Strategy and Implementation Plan has disclosed that to meet its national target of providing electricity to all its citizens by 2040, Nigeria will need about N1.4 trillion, OGN reports. Contents of the strategy document stated that within the periods 2020 and 2040 the government will attempt to achieve electrification rates of 75


Smart Cities: ICT Firm Urges FG to Improve Infrastructure, Power

Mr Samanvay Shrivasta, the Manager Sales, Bio-Enable Technologies Private Ltd., an ICT company has urged the Federal Government to improve infrastructure and power to the actualise the smart city ambition, reports Sundiapost. Shrivasta gave the advice in an interview with the News Agency of Nigeria (NAN) on Wednesday on sidelines of Smart City Summit organised


Nigeria Needs Stable Power to Revive Economy – Lawyer

Nigeria needs stable and uninterrupted power supply to get out of its current economic challenges, an Ilorin-based legal practitioner, Mr. Kehinde Adekunle has said. Adekunle said this, in Ilorin, on Thursday. He described stable electricity supply as panacea for economic growth and development of any nation “Stable power supply is needed for the country to


NBET, TCN Demand N35.4bn Electricity Payments from Benin, Niger

The Nigerian Bulk Electricity Trading Plc and the Transmission Company of Nigeria have jointly written to power firms of the Republics of Benin and Niger, demanding the payment of an outstanding $115.91m (about N35.4bn at the official exchange rate of N305 to a dollar) for electricity supplied to both countries from Nigeria, The Punch reports. It was

Powered by Nextier