The Federal Government has said it is targeting 8,000 megawatts of electricity generation and transmission by the end of 2027 as part of efforts to improve power supply across the country. The Minister of Power, Joseph Tegbe, disclosed this on Wednesday at the launch of the Renewable Energy Assets Management Company in…

…infrastructure, Alia said his administration planned to construct a dam with a projected electricity generation capacity of 460 megawatts. "The project will provide water and support electricity generation in the state," he said.Alia is currently undertaking a statewide thank-you tour following his emergence as the All…

…would continue to play a significant role in the power sector by supporting reliable electricity generation. The company said it would issue formal confirmation of the settlement upon completion of the payment process and continue to provide bondholders, trustees and other stakeholders with updates on material developm…

…kWh in 2027. This is not simply an American development. The IEA estimates global electricity generation required for data centres could rise from approximately 460 TWh in 2024 to more than 1,000 TWh in 2030. That increase alone is comparable to the annual electricity consumption of some major industrial economies. Ele…

…to manufacturers despite the company’s investment of more than $20m in gas-powered electricity generation, warning that the pricing regime is undermining industrial growth and job creation. Speaking in an interview, Onafowokan described the current domestic gas pricing as one of the biggest obstacles facing manufacture…

…countries to start working with localised AI tools and solutions now, and to invest in electricity generation and distribution; expand access to computing power; and improve the availability of local data. “The window to get this right is narrow. AI presents a once-in-a-lifetime opportunity to solve problems that have…

…minister explained that the government's broader reform agenda is designed to strengthen electricity generation, transmission and distribution while restoring investor confidence in the sector.5,000 youths to install prepaid metersA major part of the reform programme is the Presidential Metering Initiative, which aims…

…produced by upstream companies is reserved for domestic consumption, particularly for electricity generation, industrial manufacturing and other strategic sectors. The initiative forms part of the Federal Government’s drive to leverage the country’s vast gas reserves to boost economic diversification, deepen industrial…

…large, centralised power plants amounts to a long-overdue endorsement of decentralised electricity generation, a position he had consistently held since his time as Vice President.

…wider economic losses from methane waste and associated gas flaring—including lost electricity generation, liquefied petroleum gas (LPG), industrial feedstock, government revenue, environmental damage and unrealised carbon-market opportunities—could range between $18 million and $28 million daily. Under favourable carb…

…Data from Ember showed that wind and solar together accounted for 17 per cent of global electricity generation last year, compared with less than five per cent a decade ago. The report stated that when combined with hydropower, geothermal and tidal energy, renewable sources generated a larger share of global electricit…

…be supplied to Morocco and European markets. The company said the project would support electricity generation, improve energy access, drive industrialisation and facilitate the development of new industrial value chains across the region. The agreement signed by the ECOWAS member states gives effect to the approval gr…

…Plant was identified as a “low-hanging fruit” capable of delivering a quick boost to electricity generation. She explained that NDPHC secured the necessary approvals and funding in record time and expressed confidence in the contractors’ capacity to execute the project successfully. According to her, replacing the burn…

…shortages experienced during the first quarter of the year. During the period, electricity generation dropped sharply as inadequate gas supply forced several thermal power plants to shut down or reduce output. At some points, national generation fell from around 4,000 megawatts to below 2,000MW, prompting the Transmiss…

…tracks. The savings would be sufficient to install about 923,124 megawatts of solar electricity generation capacity each year. The report argues that reducing financing costs remains one of the most effective ways to accelerate development outcomes in emerging and developing economies. What you should know Recently, UN…

…witnessed under his watch. Heading into 2027, Obi has again promised to raise Nigeria's electricity generation and distribution to at least 10,000MW within four years, the same headline figure he offered in 2023. His 2023 manifesto had additionally promised to double the grid to 25,000MW within two years. The NDC presi…