Fashola unfolds 13-point agenda to revive power sector
The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Monday unfolded a 13-point agenda to drive efforts towards enhancing power supply in the country.
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Tag: Power Sector
Power sector and locally-manufactured meters
ON Wednesday, August 13, 2015, a significant milestone was achieved in the Nigerian power sector with the presentation of samples of locally manufactured meters to President Muhammadu Buhari by the Permanent Secretary, Federal Ministry of Power, Ambassador Godknows Ighali.
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Power Sector : Senate probes OBJ, Yar’Adua, Jonathan
The Senate, yesterday, constituted an ad-hoc Committee to carry out a holistic investigation into the management of funds appropriated to the power sector from the Olusegun Obasanjo civilian administration to date.
Read MoreUBA supports power sector privatisation with N113bn
United Bank for Africa Plc, UBA, has committed the sum of N113 billion (US$700 million) to support investors seeking to acquire assets in the newly privatised power sector of the economy, says the Managing Director/CEO of the bank, Mr. Phillips Oduoza.
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Unbundled power sector a new investment hub —Report
Oxford Business Group (OBG) has identified the newly unbundled power sector as the investment hub in Nigeria for years ahead.
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10,000 MW CHALLENGE: Can an old song create light out of darkness?
FOR the umpteenth time a people living in darkness have been promised that gloom will give way to light by December 2013. Ordinarily, the pledge would have elicited unrivaled enthusiasm across the country, given that light would finally shine in a land overshadowed by darkness, but the reverse is the case.
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Investors await takeover of power assets
After almost 10 years of struggling to privatise Nigeria’s power sector, the plan finally sailed through almost a fortnight ago, when the Federal Government’s National Council on Privatisation, NCP, blew the final whistle for preferred bidders to pay up and take possession of their assets. In this piece, Sebastine Obasi, assesses the level of preparations by the investors and the incumbent management of these 15 Power Holding Company of Nigeria, PHCN, successor entities to change ownership and leadership.
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Achieving a robust energy mix in Nigeria
There is no doubt that achieving a robust energy mix in Nigeria is in concert with President Goodluck Jonathan’s vision of providing power to all within the country. This vision is an integral part of the long-term targets of the Road Map for the Power Sector launched by the President in August, 2010
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