Simon Kolawole Some years ago, I was at the Nnamdi Azikiwe University, Awka, Anambra state, for a public lecture. An obviously popular lecturer was invited to the podium to make his contributions. Students went gaga, screaming his nickname and giving him a standing ovation. In the euphoria, he posed elegantly in front of the microphone…
Oil and gas businesses operating in the downstream retail segment of the industry risk demise if the needed attention is not paid to market data management, according to Energy360 Africa Limited. The company stressed that proper market data management will not only help to boost the returns and growth of downstream players, but will also…
HANSA HEAVY LIFT has transported a giant carousel together with eight reels, weighing a total of 3,508.7 metric tonnes, from Newcastle, United Kingdom to Lagos, Nigeria destined for the Egina Oil Field. The voyage took place on board the super heavy lift vessel HHL Lagos, which was mobilised in Rotterdam, the Netherlands, to prepare the…
The Environmental Rights Action (ERA), in conjunction with Friends of the Earth Nigeria (FoEN), has expressed concerns about the over N17 billion spent yearly by the Federal Government, on the importation and servicing of generators. The ERA has also called for the passage of renewable energy bill, which it is sponsoring in the National Assembly,…
A don, Professor Sylvester Egwu, has offered advice to the government on how to generate 36, 000 Mega Watts needed to free Nigeria from shackles of the epileptic power supply. Egwu gave the advice in a press release made available to New Telegraph in Lagos. He said that the solution “to electric power generation, transmission…
African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers and a member of Old Mutual Alternative Investments (OMAI), has acquired through its IDEAS Managed Fund – stakes in nine new solar and wind power plants in South Africa. When all nine power facilities are fully operational, expected at the end…
The Rural Electrification Agency has been awarded a Certificate of Compliance in accordance with the ICRC Act, 2005 & the National Policy on PPP for the deployment of Mini-grids and SHS. “We are glad to announce that the Infrastructure Concession and Regulatory Commission (ICRC) has issued the Rural Electrification Agency (REA) a Joint Outline and…
An African electricity supplier has teamed up with the state-owned Nigerian Bank of Agriculture to equip its branches with solar power and boost energy access across the country. Daystar Power and Nigerian Bank of Agriculture have agreed to co-operate to electrify the nation’s rural regions, where it says a “large gap” between electricity production and…
The Transmission Company of Nigeria (TCN) has promised that it would attain the capacity to transmit 20,000 megawatts of electricity to Nigerians by 2021. TCN’s Managing Director, Mr. Usman Mohammed gave the assurance Monday during the inauguration of the 1x60MVA, 132/33KV transformer substation in Akure, Ondo State capital. He said the inauguration was in line…
The Transmission Company of Nigeria, TCN, has reinstated that localising tripping in the power sector chain is not the company’s affair. This is coming against the backdrop of the recent allegation by Benin Electricity Distribution Company, BEDC, allegation that the National Grid was highly unstable, with over 2,000 tripping in its network between January and…
