FG expresses commitment to CNG, LPG as Portland Gas performs ground breaking in Lagos
The Federal government has expressed commitment to deepening the utilisation of Compressed Natural Gas, CNG, Liquefied Petroleum Gas, LPG and other cleaner fuels for domestic and industrial purposes.
Energy crisis: Cost of solar systems rises 120% to N550,000 as forex, inflation worsen
THE average cost of installing solar systems in the country has risen by 120 per cent to N550,000 in 2023, from N250,000 in 2022, due mainly to inflation and the depreciating value of the naira/dollar.
Electric vehicles will facilitate clean energy transition, new jobs for Nigerians – US
The United States government has expressed optimism that Electric Vehicles, as critical technologies, will facilitate the clean energy transition, creating new economy jobs for many Nigerians in the process.
Consumers pay N243bn for electricity as generation hits 4,334MW
Consumers in the country paid N247.09 billion for electricity in the first quarter of 2023, an increase of 1.14 percent compared to N243.65 billion paid in the fourth quarter of 2022, as the latest report from the Nigerian Electricity Commission, NERC, has shown.
Nigeria loses N373bn as gas flaring rises 10 % in H1’23
DESPITE the Federal Government commitment to achieving zero flaring by 2060, on a year-on-year, YoY, basis, gas flaring increased by 10 per cent to 138.7 million metric standard cubic feet, MSCF, of gas in the first half (January – June) of 2023, from 126.1 MSCF in the corresponding period of 2022.
Electricity: Nigeria’s average generation rises 8.6% to 3,970MW
Nigeria’s average electricity generation rose by 8.6 per cent year-on-year, YoY to 3,970.33 megawatts, MW in July 2023, from 3,655.64MW recorded in the corresponding period of 2022.
