Power Supply Archives — City Business News

December 2, 2023 No Responses

Nigeria Partners Germany On Presidential Power Initiative

President Bola Tinubu and German Chancellor, Olaf Scholz on Friday witnessed signing of an agreement targeted at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The accelerated performance agreement was signed on Friday at the ongoing COP28...

April 14, 2022 No Responses

FEC Approves N1.4b For Power Sector

The Federal Executive Council (FEC) has approved N1.4 billion for the supply of more equipment for the Transmission Company of Nigeria (TCN) to boost electricity supply across the country. The Minister of Power, Mr Abubakar Aliyu, made this known when...

March 22, 2022 No Responses

CBN Disburses N1.3tri To Support Power Supply

The Central Bank of Nigeria (CBN) has disbursed over N1.3 trillion to support power supply to Nigerians in the last five years. The CBN Governor, Mr Godwin Emefiele, made the remark at a news conference following a meeting of the...

February 1, 2022 No Responses

Ikeja Electric To Increase Supply Across Network In 2022

Ikeja Electric Plc says its 2022 targets include growth in energy which will increase supply across its network. Already, the electricity Distribution Company has outlined several projects for 2022 across its six business Units – Shomolu, Oshodi, Abule...

December 16, 2021 No Responses

FEC Approves $1.9b To Boost Power Supply To 7,000 Megawatts

The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector as part of measures to boost power supply across the country, through the Presidential Power Initiative. Briefing Jour...

October 4, 2021 No Responses

Seplat Energy Begins Supply Of Power To Oben Cottage Hospital In Edo

As part of its continuous community development programmes, Seplat Energy Plc has commissioned a project for power supply to Oben Cottage Hospital from its Oben gas facility at Oben Orhionmwon Local Government Area of Edo State Seplat in a statement...

August 1, 2021 No Responses

Manufacturers In Edo, Delta Lament Poor Power Supply, Others

The Manufacturers Association of Nigeria (MAN) has identified poor power supply, high cost of diesel and raw materials as major factors affecting the businesses of its members in Edo and Delta States. Dr Okwara Udensi, Chairman of MAN, Edo/Delta ch...