BIG BOOST! W/Bank gives Nigeria $486m credit for power sector

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said. Nigeria’s power […]

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NNPC to establish 4,600 Mega Watts plants in FCT, Kaduna, Kano

The Nigerian National Petroleum Corporation (NNPC) says it will establish 4,600 Mega Watts power plants in Abuja, Kaduna and Kano. A statement in Abuja by the NNPC spokesman, Mr Ndu Ughamadu, said this would be done through the recently-approved contract for the construction of Ajaokuta-Abuja-Kaduna-Kano Gas Pipeline project, dubbed AKK Pipeline. According to the statement, […]

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Kwara LG secretariat sees light for the first time after 3 years

Jubilation erupted in Omu-Aran, Kwara, on Thursday as electricity supply to Irepodun Local Government Secretariat was restored after three years outage. The News Agency of Nigeria (NAN) reports that the council’s electricity supply was disconnected by Ibadan Electricity Distribution Company (IBEDC) in 2014 over indebtedness. The restoration of electricity to the secretariat at about noon […]

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Power generation improves by 3,632 MW

Twenty-eight electricity generating companies in Nigeria have released an average of 3,632MW/hour of power on Feb. 13, according to the website of the Nigerian Electricity Supply. The report, obtained by the News Agency of Nigeria (NAN) on Tuesday, however, indicated that the electricity sector lost an estimated N817 million on February 13 due to constraints of […]

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