Power Sector And Other Related News Stories For Tuesday May 28th 2024

Posted by News Room May 28, 2024

Nigerians differ as FG lists achievements in power, oil sectors

Ministers in the power, oil, and gas sectors have outlined the achievements in their various ministries under their respective stewardship since the assumption of office of President Bola Tinubu on May 29, 2023.



Nigeria Generated, Distributed 5,000MW Electricity This Month

The Minister of Power, Adebayo Adelabu, has revealed that for the first time in three years, Nigeria’s power sector reached an output of 5000MW this month, as stakeholders continue efforts to increase power production.



Nigeria to Generate 6,000MW by December

Adebayo Adelabu, the Minister of Power, has announced that Nigeria aims to generate 6,000 megawatts of electricity by the end of 2024. Data shows that Nigeria’s power generation currently fluctuates between 4,000 and 4,500MW, serving approximately 200 million people.



REA Woos Investors, Developers into Nigeria’s $9.2bn Rural Electrification Industry

The Rural Electrification Agency (REA) has called on local and international investors and renewable energy projects developers to take advantage of the huge investment opportunities existing in the $9.2 billion rural electrification market in Nigeria.




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