Nigeria Liquefied Natural Gas Limited (NLNG), Unilever Plc, Dangote Group and three other companies have keyed into the Federal Government’s drive to build infrastructure across Nigeria. The companies, which also include Unilever Nigeria Plc, Flour Mills of Nigeria Plc, and China Road and Bridge Corporation Nigeria Limited, will build 19 roads; a total of 794.4 …read more →
ENERGY
First Bank, Azuri partner to bring solar systems to millions
First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, has announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians. Under the partnership, Azuri’s solar home TV product will be co-branded and co-marketed by First Bank and …read more →
Total’s Egina starts production with TechnipFMC’s subsea systems
Total’s Egina field, located 93 mi (150 km) off Port Harcourt, kicked into production just as 2018 was winding to a close. The start-up of any offshore field is notable, but Egina’s is especially so: The field is estimated to contain reserves of 550 MMbbl. Lying in water depths ranging from 4,593 to 5,740 ft …read more →
Willing-Buyer, Willing-Seller Arrangement Will Solve Nigeria’s Power Challenges – Osinbajo
The Federal Government has declared that the willing-buyer- willing-seller policy is one of the surest steps to addressing Nigeria’s power challenges. Vice President, Prof. Yemi Osinbajo, noting that power remains very critical to national development, said if the generation companies do not have the resources to produce electricity; other companies can take up the responsibility …read more →
FEC approves new policy on public building maintenance, oil pipelines contracts
The Federal Executive Council (FEC) has approved a new policy towards maintaining public buildings in the country. The Minister of Power, Works and Housing, Babatunde Fashola, who announced this while briefing journalists at the end of the meeting, said the new maintenance policy and framework seeks to institutionalise a maintenance culture in Nigeria. He said …read more →
Ikeja Electric commences e-tagging of high tension poles
Ikeja Electric Plc (IE) says it has commenced electronic tagging of electricity poles across its network to optimize operations through adequate maintenance of installations and reduction of downtime. Spokesman for the company, Felix Ofulue, said the exercise, known as E-Pole Tagging Project, entailed labelling of all 11KV and 33KV High Tension (HT) poles with electronic …read more →
FG inaugurates off-grid power solution in Iponri
The Minister of Power, Works and Housing, Mr Babatunde Fashola, has reaffirmed the Federal Government’s commitment to continually intervene in the power sector. Fashola gave the assurance in Lagos during a visit to 700 kilowatts mini-grid electricity supply under Energising Economies Initiative (EEI) at Iponri Market. He also said such interventions would include solar energy …read more →
Fashola commissions NEMSA’s safety compliance laboratory
The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Friday commissioned an upgraded Chemical and Engineering Laboratory of the Nigerian Electricity Management Services Agency (NEMSA) in Lagos. “This is now an ungraded and properly fitted laboratory to help the agency in enforcing compliance in the power sector. “This will also make them do …read more →
Buhari commissions 9.5mw off-grid power plant in Ariaria market
President Muhammadu Buhari Tuesday commissioned a 9.5 megawatts (MW) capacity off grid gas-fuelled power system built by a private consortium under the Energising Economies Initiative (EEI) of the Rural Electrification Agency (REA) to supply electricity to up to 47,000 shops and small businesses operating at the Ariaria International Market in Aba, Abia State. The market, which supplies …read more →
Estimated bill to attract 1 year jail term, N1m fine
Electricity Power Reform Act (Amendment) Bill 2018 passed by the House of Representatives last Tuesday prohibiting and criminalising estimated billing has proposed a one-year jail term and a fine of N1m for defaulters. The proposed law, which will be transmitted to the Senate for concurrence, and onward transmission to the President for his assent, also …read more →