Chinese Firm backs Nigeria’s $20 billion Gas Project

China National Chemical Engineering International Corporation Ltd (CNCEC) has announced its commitment to support Nigeria’s ambitious $20 billion Ogidigben Gas Project in Delta State, marking a significant milestone in the bilateral economic ties between the two nations. Li Zhenyi, President of CNCEC, revealed the company’s readiness to engage in the project through restructured funding and…

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TCN Inauguration 110MVA power Transformer at the Isolo as Minister pledges collaboration with Stakeholders.

The Federal Government will continue to work with relevant stakeholders to ensure the protection of electricity facilities in order to provide stable and uninterrupted power to Nigerians. The Minister of Power, Mr Adebayo Adelabu, stated this at the Inauguration of the 110MVA power Transformer at the Isolo transmission substation, Lagos. The newly inaugurated 110MVA transformer…

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Over 53% of electricity customers in Nigeria unmetered – FG

The Federal Government has disclosed that 53.85% of registered electricity customers across Nigeria remain unmetered. This was made known in the Nigerian Electricity Regulatory Commission (NERC) third quarter (Q3) of 2024 report. “As of 30th September 2024, 6,156,726 (46.15%) out of the 13,339,635 registered electricity customers across the twelve (12) DisCos were metered,” the Commission…

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DisCos reject 1,400mw over under-capacity

Electricity distribution companies, otherwise known as DisCos, were unable to take the full power generation in recent period, underlining a major challenge in the electricity supply chain. Minister of Power, Chief Adebayo Adelabu, yesterday said that power generation had peaked at 5,170 megawatts on Friday, August 30, 2024 but this had to be ramped down by…

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FG Approves 50% Electricity Subsidy For Public Hospitals

Nigeria’s Minister of State for Health and Social Welfare, Dr. Tunji Alausa, announced that the Federal Government has approved a 50% electricity subsidy for According to him, this gesture aims to reduce the running costs for public hospitals and alleviate the impact on patients.The Minister, speaking at the National Neo-Psychiatric Hospital in Barnawa, Kaduna, also…

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