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 …
power sector
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Energy TransitionIn the News
Nigeria Strikes ₦4 Trillion Deal to Settle Power Sector Debts and Reignite Investor Confidence
KEY POINTS Nigeria’s Federal Government has sealed a landmark agreement with power generation companies, GenCos, and gas suppliers to clear outstanding debts worth about ₦4 trillion, marking one of the …
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KEY POINTS South Africa’s fight to provide reliable, affordable electricity is getting harder because of structural problems and bad municipal tariffs. These issues are making people lose faith in the …
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U.S. Mauritania ink $27 million deal to modernize power, boost climate resilience, and drive sustainable development.
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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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Energy TransitionIn the News
Kano DisCo’s Green Revolution: How $200m Investment Will Power 25 Million Nigerians
Kano Electricity Distribution Company (Kano DisCo) has announced an ambitious plan to upgrade its infrastructure and revolutionize electricity distribution for an estimated 25 million Nigerians in Kano, Katsina, and Jigawa …
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The Federal Government called for additional time to address the country’s ongoing electricity issues as 17 generation and distribution licenses stand for either renewal or revocation tomorrow. This mirrors past …
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The necessity for an electricity subsidy in Nigeria comes into sharp focus as the Association of Electricity Distributors of Nigeria (ANED) stresses its indispensability for affordable power. ANED emphasizes that …