Akinwumi Adesina, president of the African Development Bank (AfDB) has explained that the bank would invest $12bn over the next five years to support accelerated electricity supply in Africa and would leverage between $45 to $50m from the private sector.
He disclosed this at the Africa Day in Marrakech, Morocco on the side-line of COP22, organized by African Union (AU) in collaboration with Nigeria and Economic Community of West African States (ECOWAS), with the theme, “Moving from Commitment to Action with […]
It was gathered that the Abuja Electricity Distribution Company (AEDC) has cut off power supply to the national headquarters of the All Progressives Congress (APC) over N1.7 million debt.
Curiously, the party, according to our findings, has generated over N250 million this year, from the sale of Nomination and Expression of Interest forms for the Edo and Ondo states’ governorship primaries.
Blueprint gathered that the situation had gone so bad that junior workers at the party secretariat now contribute money daily for […]
Some residents of Lagos have commended the Power Holding Company of Nigeria (PHCN) and the Minister of Power, Works and Housing, Mr. Babatunde Fashola, for improved power supply.
The residents gave the commendation in separate interviews with the News Agency of Nigeria (NAN) on Friday in Lagos.
A resident of Abesan Estate, Ipaja, Mr. Bola Ogun, said that the improvement in power supply had created comfort.
“It is obvious that power supply in this area has really improved and we are happy.
“You know, […]
The electricity problem facing Nigerians will soon be a thing of the past as 75MW Solar Power Project will become operational next year.
Nigeria’s 75 mega watts power project valued at $146 million will be commissioned next year if things go according to plan.
This is part of the Solar Power Purchase Agreement, PPA signed by the Federal Government and Pan Africa Solar, recently at the office of the Nigeria Bulk Energy Trader, NBET. The 75MW solar photovoltaic power project located in […]
Ghanaian President, John Mahama, during an Eid-el-fitr speech, blamed irregular power cuts in his country on Nigeria due to the delays in the delivery of crude oil from Nigeria to power thermal plants in Ghana, due to the activities of Niger Delta Avengers, who have been blowing up oil and gas pipelines in the Niger Delta.
The Niger Delta Avengers ,yesterday, blew up three Chevron manifolds at Diogbolo, near Dibi, Warri Local Government Area of Delta State, using controlled explosive devices.
The Joint Senate Committee on Power, Employment, Labour and Productivity Tuesday lamented the deplorable state of power supply in the country and told the Minister of Power, Works and Housing, Mr. Babatunde Fashola, to live up to his responsibility.
The committee’s rebuke of Fashola coincided with findings yesterday that the federal, state and local governments, owners of the 10 NIPP plants, have decided to stagger their sale to private entities.
Lamenting the state of power supply in the country, the Senate committee […]
According to reports, the Ogun State Government says it plans to generate electricity from sawdust as part of its contribution towards increasing power supply in the country.
The Commissioner for Forestry, Chief Kolawole Lawal, stated this during a visit to sawmills in Ijebu-Igbo, Ijebu-East Local Government Area of the state.
Lawal was quoted as saying that the United Nations Industrial Development Organisation and Energy Commission of Nigeria, in collaboration with the state government, were working together to come up with a technology […]
The minister for power, works and housing, Mr. Babatunde Raji Fashola, has said government appreciated the challenges Nigerians are facing as a result of the shortfall in electricity supply in the country.
According to him, they also share the pains associated with insufficient electricity supply in the country.
He made a passionate appeal to all Nigerians to exercise patience over the short fall in electricity supply as the current administration intensifies efforts to proffer genuine and permanent solution to the power problems […]