Power Sector And Other Related News Stories For Wednesday April 24th 2024
What State Electricity Markets Mean for Nigeria’s Power Sector
The new development that empowers states to generate, transmit and distribute electricity in areas covered by the national grid can improve electricity access across the country and promote rapid industrialisation, analysts say.
https://businessday.ng/news/article/what-state-electricity-markets-mean-for-nigerias-power-sector/
The Power Sector Crisis Jinx Will Be Broken in This Administration, Says Adelabu
The Hon. Minister of Power, Chief Adebayo Adekola Adelabu has said that the importance of Power to economic growth and industrial development of any nation cannot be overemphasized as no sector can actually perform optimally without stable, effective, functional and cost effective power supply.
Federal Gov’t, 25 States Eye 3GWs Electricity From Solar Energy
The Federal Government has expressed commitment to partner with the state governments in facilitating the shift towards their increased participation in the electricity market as envisioned by the Electricity Act, 2023 so as to tackle the issues associated with power supply in the country.
https://leadership.ng/federal-govt-25-states-eye-3gws-electricity-from-solar-energy/
FG to Partner States to Address Power Sector Woes
The Federal Government has disclosed plans to partner with more state governments in addressing power shortfalls across the country.
Kashim Shettima, vice president of Nigeria stated this at the power sector stakeholders interactive dialogue/workshop organised by the House Committee on Power, held in Abuja on Tuesday.
https://businessday.ng/big-read/article/fg-to-partner-states-to-address-power-sector-woes/
Right-of-Way Challenges Stalling More Than 120 Power Projects in Nigeria- TCN
The Transmission Company of Nigeria (TCN) has referenced a statement by Adebayo Adelabu, Minister of Power, that Right-of-Way (RoW) problems are hindering the progress and completion of up to 120 projects in the power sector across the country.
This was disclosed in a TCN statement shared with the press after the visit of members of the Senate Committee on Power to the TCN headquarters in Abuja on Monday.
