Power plants to generate additional 1,129 mega watts in 2018, says Fashola
The Federal Government on Monday announced that when some power generation projects were completed by 2018,they could generate additional 1,129 Mega Watts to the current 7,000 Mega Watts in the country.
GenCos back Fashola on declaration of eligible customers
The electricity Power Generation Companies (GenCos) have given their support to the Minister of Power, Works and Housing, Babatunde Fashola, for the declaration of eligible customers in the Nigeria Electricity Supply Industry (NESI).
How $70 million Lagos redevelopment scheme will transform Oshodi
A fresh attempt is being made to resurrect, an ambitious development effort in the heart of Lagos under moves by the authorities in the state to meet growing demands of its mega city status.
Dilemma of roadside traders
As Lagos State government continues in its stride to transform the commercial hub into a megacity, the exercise is taking diverse forms.
NERC moves against DisCos’ planned declaration of force majeure
The Nigerian Electricity Regulatory Commission (NERC) has said that it will not allow the electricity distribution companies’ (DisCos) notice of declaration of force majeure to get into crisis situation in the power sector.
Fashola tasks investors on opportunities in power sector
“One of the major challenges of the power sector is availability of requisite infrastructure that will ensure for effective and effective power generation and distribution,” it stated.
FG recovers $64.6 million electricity debt from Niger, Benin Republics
The Federal Government says it has recovered $64.63 million debt owed it by Niger and Benin Republics as part-payment for electricity supply to the two neighbouring countries.
FG recovers $64.6m electricity debt from international customers
The Federal Government on Monday announced that it had recovered 64.6 million dollars electricity debt from its international customers.
FG’s N1.8trn Mambilla power plant project puts brokers on toes
Of about 500 insurance brokers registered and operating in the nation’s insurance sector, 26 brokers have sent in their proposals to the federal government for insurance services to insure N1.8 trillion Mambilla Hydro-Electric Power plant.....