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FG seeking to boost mining reserves to lure investors

Solid Minerals Development Minister Kayode Fayemi has said that Nigeria plans to spend 15 billion naira ($42 million) over the next year to explore...

BOI powers 1,200 households, businesses with solar

The Bank of Industry (BoI) has powered a total of 1,200 households and many rural businesses with solar energy solutions, Daily Trust reports. Speaking at...

Fashola says hydro now provides 26% of Nigeria’s power

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has put the total percentage contribution of the three hydro power generation companies (Gencos)...

FG includes solar panels, batteries, others in revised pioneer status law

Nigeria's power minister, Mr. Babatunde Fashola, has disclosed that the federal government has included in the new pioneer status law it recently passed, tax...

Nigeria steadfast in its commitment to affordable renewables – Fashola

The Hon. Minister of Power, Works and Housing, Babatunde Fashola, in a keynote address presented at the energy focused "Africa Today Summit", has reiterated...

FG revives PCOA negotiations with solar IPP investors

Nigeria's federal government will rekindle its negotiations on Put Call Option Agreements (PCOA) with 14 pioneer utility scale solar plants expected to generate more...

Shell opens electric vehicle charging points in the UK

Royal Dutch Shell Plc opened its first rapid charging point for electric cars at petrol stations in the U.K., the latest sign that oil...

FG urges World Bank, IMF to help Nigeria scale up renewables development

Nigeria has asked the World Bank Group and the International Monetary Fund (IMF) to scale up the provision of and access to renewable energy...

Nigeria’s auto regulatory agency embarks on electric vehicle project

As many developed economies and leading vehicle manufacturers across the world make plans and set deadlines on the production of electric vehicles, Nigeria’s auto...

Fashola allays DisCos fears over proliferation of solar energy

Mr Babatunde Fashola, the Minister of Power, Works and Housing, while speaking at the 20th Monthly Power Sector Stakeholders’ Meeting hosted by Enugu Electricity...

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