Nigeria Independent System Operator Limited has emerged following the restructuring of the Transmission Company of Nigeria, TCN, by the Nigerian Electricity Regulatory Commission, NERC.

“Thus, for the attention of NANS and other Nigerians who are agitated, NNPCL under Kyari has made a commitment that the company currently has an availability of products exceeding 1.5 billion litres, which can last for at least 30 days, hence such calls and plan mob but not mass action is unnecessary distractions and overheating of the polity.”

The drive to increase Africans’ access to power has received a boost as Genesis Energy Group Limited and the U.S. Agency for International Development have signed a Memorandum of Understanding (MOU), to mobilize $10 Billion for strategic climate investments in green energy, renewable energy projects, and nature-based solutions that respond to countries’ Nationally Determined Contributions under the Paris Agreement.

“When Mr President came last year, one of the things he said is that subsidy is gone and truly, subsidy was gone because immediately, the price of fuel moved from N200 per litre to N500 per litre.”

Barely a month after the takeover of Kaduna DisCo over a N10 billion debts, the federal government has concluded plans to take over  Benin Electricity Distribution Company, BEDC, over alleged prolonged poor performance.

The development comes following data from NBS, where it said the Federation Account Allocation Committee (FAAC), disbursed the sum of N2.07 trn to the three tiers of government in February 2024 from the total revenue generated in January 2024.

Despite efforts of the federal government and others to improve performance in the power sector, Nigeria’s power generation dropped by 14 per cent, month-on-month, MoM to 3,475 megawatts, MW in March 2024, from 4,043MW in February 2024, due to prolonged problems, especially limited funding, low investment, inadequate capacity to generate, transmit and distribute adequate and stable supply to consumers.

The government accused the DisCos of not doing enough to improve supply despite the availability of power on the national grid.

THE Shell Petroleum Development Company of Nigeria  Ltd, said that Africa can unlock the potential of the energy sector and drive energy security, transition and economic prosperity by embracing partnerships, technological innovation and sustainable financing.

Converting your car to run on CNG offers several compelling benefits. Firstly, CNG is typically cheaper than gasoline or diesel, resulting in immediate savings on fuel expenses.