Nigeria’s REA signs six MOUs to enhance energy access, targeting 1,265MW capacity through renewable energy projects in rural and peri-urban areas.
Nigeria
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Nigeria is on the brink of finalizing a significant deal that could see the sale of Exxon Mobil’s oil assets to indigenous oil firm Seplat Petroleum Development Company Plc. The …
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The Nigerian Minister of Mines and Steel Development, Abubakar Bawa Bwari, has initiated discussions with the original developers and Technical Partner Experts (TPE) of the Ajaokuta Steel Company to expedite …
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Nigeria’s electricity grid suffered a catastrophic collapse mere weeks after implementing tariff increases, exacerbating the country’s energy crisis. The collapse, which occurred on April 15, underscores the fragile state of …
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Energy TransitionIn the News
Nigeria Considers Mandating Discos to Sign Agreements with Band A Electricity Customers
In Nigeria, discussions are underway to mandate electricity distribution companies (Discos) to enter agreements with Band A customers amidst electricity tariff hikes. The move aims to enhance transparency and accountability …
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Nigeria faces the prospect of missing out on significant opportunities as oil prices soar towards the $100 mark, signaling potential windfalls for oil-producing nations. Despite being a major player in …
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In a significant development for Nigeria’s energy sector, the Dangote Refinery has commenced shipments of fuel items to the local market. This move is poised to have a substantial impact …
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DisCos in Nigeria ordered to establish online platforms for verifying electricity status after tariff hike announcement, ensuring transparency amid rate revisions.
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In a move that has sent shockwaves through the nation, Nigeria’s electricity regulator has approved a significant increase in tariffs for the country’s higher-consuming customers. This decision comes as the …
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Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …