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Demystifying Fashola

Demystifying Fashola

The power sector may become the political-Waterloo of the Honourable Minister for Power, Works and Housing, Barrister Babatunde Raji Fashola, just as it was for late Chief Bola Ige, himself also a lawyer, with respect to their hard-earned reputation as performers in public office. This column recalls that when the highly regarded Bola Ige, was

rahila

We have Built a Deep Knowledge of the Power Market Framework

Rahila Thomas plays a significant role in Nigeria’s power sector as lead driver of EMRC, a global leader in energy regulations and transactions. Since inception; the company previously known as Mercados has provided strategic advice and support to regulators, distributors, investors and operators in the power sector. In this interview Thomas sheds some light on

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Power: 126 Licences for 36,040MW Has Been Issued by NERC

On Thursday 5th November, 2015, the NERC Commissioner for Legal, Licensing and Enforcement, Dr. Steven Andzenge, said a total of 126 power firms have received generation licences from the Nigerian Electricity Regulatory Commission to generate 36,040.12 megawatts of electricity for the country. He made this statement at a ceremony where the commission issued an amended

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Seplat Petroleum Company CEO, Austin Avuru Confirmed as a Speaker for WAPIC

Austin Avuru, Chief Executive Officer, Seplat Petroleum Development Company has been confirmed as a speaker in the forthcoming West African Power Industry Convention (WAPIC). Seplat Petroleum Development Company is an indigenous oil and gas company, currently driving an increased commercialisation and monetisation of its  natural gas resource as an attractive long-term opportunity. Speakers at the event

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Power Firms Adjusting Electricity Tariffs – NERC

The public outcry against the plans by power distribution companies to increase electricity tariffs may have forced some of them to effect corrections to the proposals they submitted to the Nigerian Electricity Regulatory Commission. According to NERC, some Discos are providing clarifications sought by the commission’s technical team that is currently working on their applications,

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Power Firms in Nigeria Lack Capacity Building – NBET

Power firms operating in Nigeria, especially in the electricity distribution subsector lack requisite capacity building initiatives, the Nigerian Bulk Electricity Trading Company Plc. (NBET) has disclosed. NBET’s Managing Director/Chief Executive Officer, Mr. Rumundaka Wonodi, made the disclosure while receiving a team from Deloitte Global, an international consultancy firm, at the headquarters of the bulk trader

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620 million Africans don’t have Access to Electricity: Kofi Annan

Mr Kofi Annan, former Secretary General of the UN, said over 620 million Africans lack access to electricity and that 300 million would still lack access by 2040, a decade after the UN target of developmental goals for universal energy. “This is intolerable, avoidable and profoundly unfair. It leaves the World’s poorest people to pay the

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