• EU to spend €150m grant on power sector in Nigeria

    EU to spend €150m grant on power sector in Nigeria

    It was gathered that the European Union will spend 150 million Euros (N50 billion) on the development of power sector in Nigeria, Michel Arrion, the Ambassador and Head of EU Delegation to Nigeria, said on Wednesday.

    Arrion made this known at the 5th Edition of EU-Nigeria Business Forum pre-event news conference in Lagos.

    He said that the grant would be used mainly for the training of young engineers and funding of some technical aspects of the sector.

    According to him, EU is collaborating […]

  • US envoy advises Nigeria to strengthen its Power Sector

    US envoy advises Nigeria to strengthen its Power Sector

    Outgoing U.S. Ambassador to Nigeria, Mr James Entwistle, has advised Nigeria to strengthen its power sector to facilitate economic growth.

    Entwistle gave the advice while answering reporters’ questions in Abuja on Tuesday.

    He said the U.S. was doing a lot in the energy sector to help “power Africa’’.

    “We are doing a lot in the energy front, much of these are through President Obama’s Power Africa Initiative.

    “Through that, we are trying to help DisCos (Distribution Companies) and GenCos (Generation Companies) sort of privatise […]

  • Minister controls nothing in power sector – Sanusi

    Minister controls nothing in power sector – Sanusi

     

    The Emir of Kano, Muhammad Sanusi II, on Tuesday queried the role of the Power minister with respect to delivering electricity to households and businesses across the country.

     

    Sanusi stated that while he was governor of the Central Bank of Nigeria, he often asked people to tell him what the responsibility of the Power minister was.

    This, he said, was due to the fact that virtually all arms of the electricity value chain had been taken away from the control of the […]

  • We know Power Sector problems and its solution – Group claims FG is not listening to their complaints

    We know Power Sector problems and its solution – Group claims FG is not listening to their complaints

    According to reports, the Senior Staff Association of Electricity and Allied Companies (SSAEAC) declared readiness on Monday to reveal challenges facing Nigeria’s power sector and how to solve them.

    The association also said it would not relent until the All Progressives Congress (APC)-led Federal Government listens to them. The union listed low fund collection by the Discos and non-supply of metres to consumers as part of the sector’s problems.

    Mr Chris Okonkwo, newly-elected president of the union told newsmen in Lagos, during the […]