Category: Energy

‘4 States get full electricity regulatory oversight’ — NERC

Aminu Imam
NERC on electricity

The Nigerian Electricity Regulatory Commission, (NERC)  has completed the transfer of regulatory oversight to four States. The States are Enugu, Ekiti, Ondo, and Imo, which are now fully responsible for the regulation of their electricity markets. NERC made this known on its X handle yesterday, noting it has begun the transfer of regulatory oversight to 10 States as of 10th January 2025. According to the Commission: “As of January 10, 2025, NERC has commenced the transfer of regulatory oversight to 10 States. Once the transfers are complete, the States will…

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H’Reps to probe $2bn renewable energy investment

Aminu Imam
H'Reps probe

The House of Representatives Committee on Renewable Energy has invited stakeholders to an investigative hearing on the $2bn renewable energy grants and investments in Nigeria. According to the Committee, the investment has not had a proportional impact on the nations energy security challenges. Recall that in July 2024, President Bola Tinubu disclosed at the Africa Natural Resource and Energy Investment Summit, which was held in Nigeria, that the nation had attracted over $2bn of investment in the sector in the past decade. Scheduled for tomorrow, Tuesday and Wednesday, the investigative…

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Power Outage: Filling Stations reduce hours of fuel sell in Kaduna due to high diesel consumption

Abdul-Azeez Ahmed Kadir

Major oil marketers in Kaduna metropolis and environs have drastically reduced their hours of operations as a result of high consumption of diesel which they utilised to service the motoring public. This has led to queues by motorists who have to buy within the limited time in the filling stations across the state, despite the availability of the products in some of the stations. A visit by Voice of Liberty to some of the major stations saw some selling for between 6 and 8 hours, then shut down to sell…

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Electricity: Average Nigerian home gets only 7hrs supply daily Report

Aminu Imam
NBS on electricity

Says 85.2% of households still on estimated billing A new report by the National Bureau of Statistics (NBS), has revealed that the average Nigerian household gets less than seven hours (6.6 hours) per day of electricity. The NBS, which disclosed this in its report, titled: Nigeria Residential Energy Demand-side Survey Report 2024, published on its website,  85.2% of Nigerian households still rely on the estimated billing model for electricity tariffs. According to the report, only 14.8% of households use the prepaid billing system during the period under review. The survey,…

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‘Lack of electricity killing businesses in Nigeria’ AfDB President, Adesina

Aminu Imam
AfDB President, Adesina

President, African Development Bank Group (AfDB), Akinwumi Adesina, has said Nigeria is losing about 29 billion dollars annually due to a lack of reliable power supply. Adesina, who made this known during his lecture on Building a global Nigeria, to mark the 90th birthday anniversary of retired Gen. Yakubu Gowon in Abuja, said that it amounted to 5.8 percent loss in the nations Gross Domestic Product, (GDP). According to him, the major challenge facing Nigerias manufacturing industries was the high cost and unreliability of electricity supply. The AfDB boss said…

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‘Incessant grid collapse, a national embarrassment’ Nigerians

Aminu Imam
Incessant grid collapse

Many electricity consumers in the  Federal Capital Territory (FCT), have decried the incessant grid collapses, describing it as an embarrassment to the country. Recall that the nation was thrown into darkness on Monday, following the collapse of the National Grid. The collapse on Monday was the sixth in 2024. However, power has been restored to some parts of the country yesterday. According to some consumers residing in Kubwa, Lugbe, Kuje and environs, it was time the Federal Government find a lasting solution to the incessant grid collapse. A resident of…

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?angote Refineryll raise Nigerias GDP to $322bn by 2025 Report

Aminu Imam
?angote Refinery on GDP

Refinery to get 400,000 bpd ?angote Oil Refinery will raise Nigerias Gross Domestic Product (GDP)to $322bn by 2025, according to a new report. The report, titled: Impact of Dangote Refinery on the Nigerian Economy, which was released recently by Data Services & Resources Ltd, indicated that without the refinery, Nigerias GDP was expected to grow by 3.34 percent in 2024, increasing to 4.13& by 2030. It noted that with the refinery in operation, GDP growth was projected to rise to 4.15% in 2024 and reach 6.21% by 2030. The report…

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FG begins talk with Libya for regional gas pipeline project construction

Aminu Imam
FG Libya talks

The Federal Government has commenced discussion with the north African country, Libya, for a gas pipeline construction project between both country. This was hinted by the Minister of Petroleum (Gas), Ekperikpe Ekpo, while meeting with the Libyas Minister of Oil, Dr. Khalifa Abdu-Alsadiq, on the sidelines of the Gastech Exhibition and Conference 2024 holding in Houston, USA. Taking to his X handle, Ekpo said the potential gas pipeline would begin from Nigeria to Libya.According to him, this strategic meeting aims to strengthen energy cooperation between the two nations The discussion…

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NNPCL/?angote: Coalition of Energy Lawyers alleges plot to frustrate Nigerian local refineries

Aminu Imam
Energy Lawyers Coalition

The Coalition of Energy Reforms Lawyers and Activists, (CERLA), has alleged a plot by the Nigerian National Petroleum Company Limited, (NNPCL) to frustrate local refineries. At a press conference in Abuja yesterday, the Coalition alleged that the NNPCL was not being transparent in its deal with the Dangote refinery. There has been confusion over the price of Premium Motor Spirit, (PMS), better known as petrol, purchased by the NNPCL from the ?angote Refinery. Recall that NNPCL had claimed it loaded over 70 trucks from ?angote Refinery at N898 per litre.…

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Tinubu names Amachree as Director, Energy Security

Aminu Imam
Director Amachree

President Tinubu appoints Wike’s ally, Ojukaye Amachree, as the new Director of Energy Security Directorate within the Office of the National Security Adviser (ONSA). According to a statement by ONSAs Head of Strategic Communications, Zakari Mijinyawa, Amachrees appointment was part of the governments commitment to ensuring a stable, sustainable, and secure energy supply for all Nigerians. The Energy Security Directorate, a newly created unit in ONSA, is tasked with coordinating policies, protecting critical infrastructure, managing data, providing security coordination, offering risk advisory services, and building strategic alliances within Nigerias energy…

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