Energy
REA Seeks Unified Electricity Strategy as AI Uncovers Overlapping Government Power Projects
The Rural Electrification Agency says better coordination between federal institutions, states and private operators is needed to prevent duplication and...
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AMNI and TotalEnergies approve Ima gas project for NLNG supply
AMNI and TotalEnergies approve Nigeria's Ima gas project to supply NLNG, while differing investment and output figures require clarification.
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FG Eyes Deeper China Partnership to Boost Reliable Power, Local Equipment Production
Power Minister Joseph Tegbe says Nigeria wants Chinese investment to go beyond infrastructure financing by developing local engineers, technicians and...
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Lagos Moves to Unlock More Electricity as TCN, DisCo Bottlenecks Limit 200MW Supply
Lagos electricity regulators say both transmission and distribution companies have additional capacity, but infrastructure and system-protection constraints are preventing more...
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NSIA, Partners Launch $300m Fund to Finance Nigeria’s Off-Grid Power Projects
The new distributed renewable energy fund will finance mini-grids, standalone solar systems and other decentralised electricity projects while seeking to...
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FG Raises N728.9bn Bond to Clear Power Sector Debt, Targets N4tn Funding Programme
The Federal Government has raised N728.9 billion through a new bond issuance designed to address longstanding debts in Nigeria’s electricity...
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LEKOIL Targets 100,000bpd as Nigerian Oil Producer Moves to Scale Up Assets
Indigenous energy company LEKOIL Nigeria Limited is targeting crude oil production of 100,000 barrels per day, outlining an ambitious expansion...
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FG Secures Chinese Commitments to Fast-Track Presidential Power Projects
The Federal Government has secured fresh commitments from Chinese engineering companies and financial institutions to accelerate projects under the Presidential...
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TCN Secures $1.4bn to Expand National Grid, Raises Capacity to 8,700MW
The Transmission Company of Nigeria (TCN) has secured more than $1.4bn, equivalent to about N1.87tn, in loans and grants from...
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FG Plans Small-Scale Hydro Projects for 21 Idle Dams Along Sokoto-Badagry Road
The Federal Government says it is developing a policy on small-scale hydro projects to convert 21 idle dams discovered along...
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