Tag: electricity

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FG laments retarded progress in electricity sector initiatives

The federal government yesterday lamented the slow progress made in the Nigerian Electricity Supply Industry (NESI) as improvements made since the enactment of the...

Turkey raises gas, electricity prices citing global costs surge

 Turkey on Wednesday increased the prices of natural gas and electricity, citing a “surge in energy prices in global markets’’.In a statement, Turkey’s state-run...

Kano partners firms to leverage solar energy to power over 100 communities

Kano State Government has launched a comprehensive rural electrification scheme, targeted at over 100 rural communities across the state.The scheme, a solar home system,...

Nigeria-Siemens electricity deal to gulp over N1.15tn

Germany-based Siemens AG and the Nigerian Government signed a six-year electricity deal in July and will cost more than N1.15tn to execute.

TCN to overlook N270bn debts owed by Discos

The Transmission Company of Nigeria, TCN  is willing to forgo the N270bn being owed by the distribution companies (Discos). This step by TCN is in order to have the Discos recapitalised and salvage the sector from collapse,Okechukwu Nnodim reports. 

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