KEY POINTS The Federal Government of Nigeria has successfully raised ₦501 billion through its inaugural power sector bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), achieving 100 per …
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Energy TransitionIn the News
Voltage Disturbance at Gombe Substation Responsible for Partial National Grid Collapse
KEY POINTS The Nigerian Independent System Operator, NISO, has traced Tuesday’s national grid disturbance to a voltage fluctuation at the Gombe Transmission Substation, clarifying that the incident did not amount …
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In the News
Niger State, Islamic Development Bank Partner on $163m Solar Plant to Power Agriculture and Industry
KEY POINTS The Niger State Government has entered into a partnership with the Islamic Development Bank (IsDB) to develop a $163 million solar electrification project aimed at boosting electricity supply …
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KEY POINTS Nigeria’s energy conversation has long been dominated by a familiar promise from the Dangote Group: once local refining begins at scale, fuel will become cheaper, scarcity will disappear, …
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Energy TransitionIn the News
Nersa Queries Eskom’s Smelter Tariff Relief Plan as Funding Gap and Legal Hurdles Loom
KEY POINTS Members of South Africa’s energy regulator, the National Energy Regulator of South Africa, Nersa, have expressed uncertainty over Eskom’s request for an interim electricity tariff for Samancor and …
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KEY POINTS The Nigerian Railway Corporation, NRC, has announced plans to deploy Liquefied Natural Gas, LNG-powered trains and expand Nigeria’s rail network to 10,000 kilometres within the next five years, …
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Energy TransitionIn the News
Built for Yesterday: Why Nigeria’s Power Grid No Longer Fits Today’s Economy
KEY POINTS When much of the national transmission infrastructure was conceived decades ago, Nigeria’s economy was smaller, less industrialised, and far less digitally connected. Today, Africa’s largest economy is powered …
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KEY POINTS President Bola Tinubu has formally requested the Senate’s confirmation of 21 nominees for the boards of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and the Nigerian Midstream and …
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KEY POINTS The price of Premium Motor Spirit (PMS), which is also known as petrol, has gone up by ₦100 per litre across Nigeria. This is a big change in …
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Energy TransitionIn the News
Cooking Gas Prices Ease as Supply Improves, Retailers Report Market Stabilisation
KEY POINTS Retailers of liquefied petroleum gas (LPG), commonly known as cooking gas, are expressing cautious optimism as supply conditions improve across major markets in Nigeria. Cooking gas is currently …