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"If Nigeria gets the lights working it would reduce business costs by up to 40 percent, add 3 percent to GDP"

Nigeria Targets 2019 to Stop Fuel Importation. 28 power stations generate 3,134 MWh/hour electricity — Energy — The Guardian Nigeria. High tension construction for electricity transmission.

28 power stations generate 3,134 MWh/hour electricity — Energy — The Guardian Nigeria

Nigeria: U.S Energy Project Adds 30,000 New Solar Connections in Nigeria. The U.S energy project known as "Power Africa" has added 30,000 new solar connections in Nigeria.

Nigeria: U.S Energy Project Adds 30,000 New Solar Connections in Nigeria

The U.S Ambassador to Nigeria, Stuart Symington said in a statement in Abuja on Monday. U.S. through its Overseas Private Investment Corporation (OPIC) had in 2016 signed an agreement with Lumos, an off-grid electricity provider to enhance provision of solar electricity to homes and small businesses throughout Nigeria. The News Agency of Nigeria (NAN) reports that Lumos was also a recipient of catalytic funding through OPIC and the Africa Clean Energy Finance initiative, a partner with the U.S. State Department. The funding provided crucial start-up capital for 30 innovative clean energy projects across 10 African countries. 2017 Budget: Rural electrification gets N16bn. By Chris Ochayi NATIONAL Rural Electrification Agency, NREA, has been allocated a total sum of N16,137,871,005 in the 2017 fiscal proposal of the Ministry of works, Power and Housing.

2017 Budget: Rural electrification gets N16bn

The list of projects which the fund is expected to be spent on include the rehabilitation, completion and construction of rural electrification projects in Benue state for which N274 million was allocated, monitoring and evaluation software for rural electrification projects, N40m, rehabilitation, completion and construction of electrification projects in Gombe State, N214m. Solar street light The rehabilitation, completion and construction of rural electrification projects in Rivers State got N240m, while that of Kano State was allocated N309m. N246m was allocated for similar scheme in communities in Jigawa State. The Federal Government also included the sum of N2.2billion for payment of debts owed contractors that handled projects for the National Rural Electrification Agency across the country. Electricity: Geometric Power to generate 1,140mw in 2017—Nnaji. By Sebastine Obasi.

Electricity: Geometric Power to generate 1,140mw in 2017—Nnaji

FG will build nuclear plants to increase electricity generation – Onu — News — The Guardian Nigeria. Dr.

FG will build nuclear plants to increase electricity generation – Onu — News — The Guardian Nigeria

Ogbonnaya Onu The Federal Government says it will embark on building of nuclear plants and careful application of nuclear energy to meet the needs of the country. Dr Ogbonnaya Onu, the Minister of Science and Technology, said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Work begins on $50m modular refinery in Akwa Ibom — News — The Guardian Nigeria. The Minister of State for Pretroleum Resources Emmanuel Ibe Kachikwu PHOTO: TWITTER/NNPC The Minister of State for Petroleum, Mr.

Work begins on $50m modular refinery in Akwa Ibom — News — The Guardian Nigeria

Ibe Kachikwu, has inaugurated the Ikwe-Onna Modular Refinery in Akwa Ibom State. Kachikwu, who commended the promoters of the $50million refinery, said the Federal Government was ready to support any private sector-driven venture. Governor Udom Emmanuel and Science and Technology Minister, Dr. FG spent $1bn on kerosene subsidy in 2015 - Osinbajo. By Sebastine Obasi, Michael Eboh & Prince Okafor ABUJA— Against the backdrop of skyrocketing price of kerosene in the country, Vice President Yemi Osinbajo, yesterday, disclosed that the Federal Government spent $1billion (about N310 billion) on kerosene subsidy in 2015.

FG spent $1bn on kerosene subsidy in 2015 - Osinbajo

He also lamented the low usage of Liquefied Petroleum Gas, LPG, also known as cooking gas, in Nigeria, a situation which kept kerosene and firewood for cooking still in high demand. Osinbajo stated this on a day the House of Representatives urged the Petroleum Product Prices Regulatory Agency, PPPRA, to review the current price template for Premium Motor Spirit, PMS, otherwise known as petrol, with a view to reducing price per litre to N70 from N145. Only 161,640 customers metered in 10 months - Report.

Electricity: 2.9m customers still without metre - ANED. By Sebastine Obasi THREE years after the privatisation of the power sector, not less than 2.9 million customers are still without electricity meters, the Association of Nigerian Electricity Distributors, ANED, Executive Director, Research and Advocacy, Sunday Oduntan said.

Electricity: 2.9m customers still without metre - ANED

This came as electricity meter manufacturers fear they may close shop due to scarcity of foreign exchange, Forex. Oduntan told Vanguard that out of the 6.2 million registered customers, only 3.3 million have meters. He, however, said enumeration is still on-going to capture more customers and have better industry statistics. Meter manufacturers who import some of the needed machinery have been lamenting their inability to access Forex to meet their needs. Managing Director of Mojec International Limited, a Lagos – based meter manufacturing company, Chantelle Abdul, said Forex scarcity is the biggest challenge facing meter manufacturers in the country.

Power generation hits 3483.7MW » TODAY.ng. The Nigerian Electricity System Operator (SO) Tuesday said that Nigerian Electricity Supply Industry (NESI) at the 06:00hours on Tuesday produced 3,483.7 Mega Watts (MW).

Power generation hits 3483.7MW » TODAY.ng

This was contained in its spotlights on grid operation which noted that on November Monday the lowest power generation was 2,970.1MW, while peak generation was 3,819.2MW. It added that the highest frequency on Monday was 51.34Hz and lowest frequency was 48.46Hz. The highest voltage recorded on that day was 357KV and the lowest voltage 295 KV. Nigeria signs agreements to add more than 500 megawatts to national grid. A power labourer fixes electric cables on a pole in Ojodu district in Nigeria's commercial capital Lagos.

Nigeria signs agreements to add more than 500 megawatts to national grid

Photo: Akintunde Akinleye/Reuters Nigeria has signed agreements to add more than 500 megawatts of capacity to its national grid, the office of the vice president said on Thursday. Africa's most populous nation produces less than 4,000 megawatts (MW) but requires around 10 times that amount to guarantee power for its 180 million inhabitants. Four million Nigerians awaiting prepaid meter - NERC - Daily Post Nigeria - Nigeria Today. Nigerian govt. targets 7,000MW of electricity by 2017 – Osinbajo. Vice-President Yemi Osinbajo said on Monday that the Federal Government was planning to generate 7, 000 megawatts of electricity within the next 18 months. The vice president stated this at the presentation of a book “Nigeria: The Challenges of Growth and Development, an In-Depth Analysis by Experts,” held at the Trenchard Hall, University of Ibadan, Ibadan.

Mr. Osinbajo said power remains a major challenge the Federal Government had been facing, and which the government was determined to solve. He said the most important part of the budget would focus on ensuring that the weak aspect of the power value chain was restored. Mr. Nigerian govt. targets 7,000MW of electricity by 2017 – Osinbajo. 2.9 million households not metered, says NERC. The 11 Electricity Distribution Companies (AEDC) in Nigeria are yet to meter about 2.9 million households since they began operating the network on November 1, 2013.

Nigerian Electricity Regulatory Commission (NERC) made this disclosure in a statement yesterday in Abuja while meeting with the DisCos to evaluate their performance on the Credited Advance Payment for Metering Initiative (CAPMI). According to the Statistics, of the 403,255 meters procured since 2013, customers financed the installation of 251,531 meters which is about 100,000 higher than what the DisCos have procured as at March this year. Although the companies signed a pact with the Bureau of Public Enterprises (BPE) and NERC to close the three million metering gap over two years ago, they have failed to reach even 200,000 . Data submitted by the 11 DisCos to NERC indicates that there are 6.159million customers’ accounts as at December last year with 3.206miilon metered. Nigeria eyeing 1,000 MW of electricity from coal by 2020 — Fayemi. *Great prospects in non-oil economy *Solid minerals earned N400bn in 2015 By YINKA KOLAWOLE Nigeria is expected to generate 1000 mega watts of electricity from coal by year 2020 to supplement other sources of energy currently in use in the country.

Dr. FG blames pipeline vandals as power generation drops to 2,800MW. *As NERC, DISCOs flout court order on tariff hike By Chris Ochayi ABUJA—The Federal Government, yesterday, lamented incidences of vandalism on the gas pipelines, which it said led to drastic reduction in peak power supply through the national grid from over 5,000 megawatts to less than 2,800 megawatts. The acting Chief Executive Officer of the Nigerian Electricity Regulatory Commission, NERC, Dr. Nigeria: Electricity - Law Demands All Customers to Be Metered From 2020. FG, states to build 500 mega filling stations. The Federal Government is partnering states and local governments as well as private investors to build hundreds of petrol stations across the country in a bid to prevent future crisis in the supply of petroleum products across the country. It also stated that the Department of Petroleum Resources was not doing enough to enforce the new pump price of petrol at filling stations although the agency swiftly stated that its entire staff strength was around 300, while there were over 30,000 filling stations across the country.

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, confirmed to journalists at a press conference in Abuja on Monday that the government would also sign joint venture agreements with existing petrol stations in its bid to increase the number of outlets run by the Nigerian National Petroleum Corporation. “Some of that is going to come through joint ventures with some existing filling stations who are willing to do the JVs with us. [Punch] Fashola initiates monthly meetings of power agencies.

Nigeria: Electricity - New Tariff to Take Effect From Feb.1 - NERC. The Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariff (MYTO 2015) will take effect from February 1, 2016. Kachikwu: Nigeria’s 4 refineries to produce 10m litres of petrol daily. Ibe Kachikwu. Forte Oil fined N4.2 million for hoarding petrol in Kano. A committee set up by Kano State governor, Abdullahi Ganduje, to prevent hoarding of petrol and selling above official rate, has fined a Forte Oil filling station in the state the sum of N4.2million. The state commissioner for ​c​ommerce, Rabiu Bako, who is the chairman of the committee, told our correspondent ​by phone that the station was fined for both hoarding of the product and selling above pump price at night.

Mr. Bako said the stipulated penalty for a filling station found hiding petroleum products and selling above pump price was to make it pay fine by doubling the official pump price of their existing product. Nigeria to revert petrol price to N97 per litre in gradual phase-out of subsidy. Electricity regulator issues new power generation licenses. The Nigerian Electricity Regulatory Commission (NERC) on Thursday issued new licenses to eight companies with a combined capacity to generate and distribute 1,648.25 megawatts (MW) of electricity in various locations in the country.

Electricity tariff goes up, fixed charges abolished. AEDC installs 5,000 meters as pilot project. Nigeria’s power sector goes private. The privatisation of Nigeria’s power generation and distribution assets has paved the way for an increase in electrification, although ongoing issues with gas supply and distribution are proving a challenge. Only 50% power gets to consumers—Nnaji. By Sebastine Obasi. NEW-NIGER_DELTA_ENERGY_CORRIDOR.

Sahara Power Group Plans To Hit 10,000 Megawatts By 2025. Power supply now 4,029.83Mw - The Nation Nigeria. Energy sent out by the Transmission Company of Nigeria (TCN) at the weekend hit 4,029.83megawatts (Mw), it was learnt yesterday. Power Transmission Hits 4,662 Megawatts - FG. Nigeria’s electricity ambitions ‘not remotely realistic’ UPDATE 1-Lafarge applies for licence to supply Nigeria's electricity grid. Nigeria’s gas is cheapest in Africa. Akwa Ibom, Kogi states to host Nigeria’s nuclear plants. Nigeria, others, have world’s worst energy access — Report. Estimated billing: FG licenses 138 companies to provide meters - SweetCrudeReports. Power generation hits 4,600MW, says govt. AEDC Plans 100,000 Electricity Meters Rollout Yearly - Nigerian News from Leadership Newspapers.

118 power projects underway, says Amadi. FG Targets 30% Electricity From Coal By 2015 - Sada. Transmission tower company formed in Nigeria. FG targets 6000MW of power by December 2014. Delta IPP to contribute 150MW to national grid. N50bn for electricity firms to boost power. Royal Times of Nigeria Newspaper. Transmission company records N1bn monthly revenue in Kaduna – GM. Electricity Power Situation in Nigeria: The True Story. ‘Privatisation to raise electricity generation to 20,000mw by 2018’ Investors eye spin-offs from power sector privatisation. Nigeria: Minister,Says Power Sector Privatisation Will Be Completed in July. As 44 foreign, local buyers scramble for Alaoji, 9 other power plants. Hopes rise Nigeria can beat power deficit.

Jonathan: Nigeria Expects $10 b Investment in Power Sector. Analysis - Nigeria faces long, bumpy road to making the lights work. Power reform heralds multiple pacts. Must READ: Nigerian student provides a way to track NEPA failure and how to get free electricity. Nigeria hands over electricity assets to 15 private firms. Nigeria's Power Sector with Minister Barth Nnaji. Power sector: New owners to take possession of assets in June.

Nigeria loses 620mw of electricity in three months. GON finally signs share purchase agreements, to realise $2.32billion. Alternative Energy Africa. Firm completes 32 power projects in Lagos. Power generation in Akwa Ibom State. Power supply: Prediction comes true (1) Power generation in Nigeria hits new record high at 4,349.7MW; best is yet to come Government says. Africa Investor - News. Power generation hits record energy peak. Channels Television - Nigeria's Award Winning Television Station. Energy Industry Trade Show, Power Generation, Alternative Energy - ENCON’s N72bn plant to add 144mw to national grid. Energy Industry Trade Show, Power Generation, Alternative Energy - Nigeria: Power Sector Reforms - Bid Winners Begin Payment. Power sector gets boost with N1.5trn intervention fund.

Nigeria signs $4.5B deal to build 6 oil refineries.

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