Author: uzo.nzeogu

As Nigeria continues to struggle with persistent power outages and low electricity generation, experts have warned that plant availability and effective maintenance remain the country’s weakest links in achieving energy security.  The post ‘Plant availability, maintenance critical to energy security’ appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

The Nigerian government is reportedly in discussions with China’s Export-Import Bank for a $2 billion loan to construct a new “super grid” aimed at resolving the country’s persistent electricity challenges. Minister of Power, Adebayo Adelabu, said on Monday that the The post Nigeria seeks $2b China loan for super grid to end blackout crisis appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Political commitment from African nations and international partners is essential to drive policy implementation Source: Original article

Understanding of investment practices with knowledge of current issues, challenges and opportunities in implementing blended finance investments is a plus Source: Original article

The outlook for renewables capacity additions in most emerging and developing economies is more positive this year than the 2024 forecast Source: Original article

Preparing governments to become carbon market ready Source: Original article

Planned to be operational by 2040, AfSEM aims to connect Africa’s five regional power pools into one harmonised market Source: Original article

The Coalition of Pan-Yoruba Groups, under the aegis of the Alliance for Yoruba Democratic Movements (AYDM), has commended the decision of the Lagos State Government to officially grant electricity distribution licences to two new companies. The post Yoruba groups hail Lagos new power initiative, demand probe of DisCos appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Thousands of protesters, yesterday, disrupted economic activities in parts of Kaduna city, as they marched through major streets under the auspices of Partners for National Economic Progress (PANEP), accusing a powerful oil cabal of plotting to sabotage the country’s economic recovery by frustrating local refining efforts. The post Protesters demand protection of local refiners as FG backs Dangote appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

.400 dormant oil fields identified, 306 wells drilled Despite Nigeria’s inability to grow its oil reserves and production beyond pre, Petroleum Industry Act (PIA) levels, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the country has recorded $39.98 The post Despite stagnating oil reserves, low output, NUPRC lists $39.98bn investments appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article