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Govt Signs Off on 120MW Solar Portfolio

Govt Signs Off on 120MW Solar Portfolio

The Federal Government has signed off on two put/call option agreements (PCOA) with solar developers Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited. The agreement will see Afrinegia Nigeria Limited develop a 50MW PV project, while CT Cosmos Power Company will develop a 70MW installation. Nigeria’s Minister of Power, Works and Housing, Mr. Babatunde Fashola,


Power Outage Stalls Kogi Assembly Sittings

For the second time in one week, lawmakers in the Kogi State House of Assembly have failed to sit due to the absence of electricity in the legislature. The non-availability of electricity in the legislature has resulted in an unbearable heat for the legislators and workers at the assembly. The 6th Assembly rely mostly on


Ibom Power Announces Resumption of Operations

The managing director of Ibom Power Company, Meyen Etukudoh has announced the resumption of operations following the restoration of gas supply to its facility after more than 114 days of inactivity, BusinessDay reports. Etukudoh said though the maintenance was initially scheduled to last for 45 days which elapsed on the 4th of December 2016, it spanned

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NERC Demands Review of Gas Pricing for GENCOs

THE Nigeria Electricity Regulatory Commission, NERC has told the federal government to review the pricing of gas from dollar denomination to local currency to help generation companies, GENCOs stay in business. According to a statement signed by the commission’s Head, Public Affairs Department, Usman Abba Arabi, “Over 80 percent of the electricity generated in Nigeria


FG Identifies N52 Billion Climate Friendly Projects

In its determined efforts to green the economy, the federal government has identified climate friendly projects worth N52 billion that would be financed through the Green bonds. The Permanent Secretary, Ministry of Environment, Dr Bukar Hassan stated this in Abuja yesterday at the meeting of Permanent Secretaries on Green Bonds, organised by the Ministry of

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