Energy

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FG to enforce standardisation of electricity installations

FG to enforce standardisation of electricity installations

The Minister of State for Power, Mr. Mohammed Wakil, said that the Federal Government is set to enforce quality control and standardisation of electricity materials installations. Wakil gave the assurance during the official commissioning of the remodeled National Meter Test Station and opening of the Technical Inspectorate Service Field Office in Lagos.

Litigations force govt to renew  pre-privatisation meter contracts

Litigations force govt to renew pre-privatisation meter contracts

The Federal Government is being forced to revalidate contracts entered into by the defunct Power Holding Company of Nigeria, PHCN, for the supply of electricity metres to Nigerians before the privatisation of the generation and distribution segments of the power sector.

Falling oil price: Nigeria, others risk N5.1tn in pipelines projects

Falling oil price: Nigeria, others risk N5.1tn in pipelines projects

NIGERIA among other countries may risk over N5.1 trillion ($30 billion) worth of oil and gas pipelines projects due to the persisting decline in crude oil price. As it stands, some major infrastructure project pipelines are being threatened of being heavily curtailed, as falling oil prices force those governments reliant on oil revenues to make cuts, this is according to the Business Monitor International, BMI’s Infrastructure Key Projects Database.

Contract based electricity trading  kicks off

Contract based electricity trading kicks off

THE Nigerian Electricity Supply Industry, NESI, has commenced the much awaited Transition Electricity Market, TEM, whereby wholesale buying and selling of electricity is based on contractual and regulatory rules. This is sequel to directive by the Nigerian Electricity Regulatory Commission, NERC, announcing the takeoff of the transitional market on February 1, 2015.

FG lauds energy mix revolution

FG lauds energy mix revolution

The Federal Government has said that its effort at providing electricity to a majority of Nigerians without easy access to the grid through diversification of the nation’s energy mix has been very successful.

Vanguard Detty December