Nigeria concludes the sale of five power plants for $1 billion, aiming to boost revenue and efficiency. The bidding process, overseen by the Ministry of Power, involves assets jointly owned by the government.
In a landmark move, the Nigerian government has successfully concluded the sale of...
Amidst crude oil supply uncertainties, funding for 20 modular refineries in Nigeria faces jeopardy, impacting domestic refining capacity and economic prospects. International investors seek guarantees, while regulatory challenges hinder progress.
In Nigeria's energy sector, a critical impasse...
The Port Harcourt Refining Company Limited (PHRC) remains dormant despite assurances from authorities that it would commence operations approximately two weeks ago. Citizens, anticipating relief from the energy crisis, were disappointed by the delay in the refinery's activation.
Stakeholders...
NAN Some stakeholders in the power sector have expressed concern over the slow progress in the energy sector.
They urged the Federal Government to adopt renewable energy to accelerate development in the sector. Mr Adekunle Makinde, a former Chairman of Nigerian Institution of Electrical and...
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