Info and Insights from Our Team

Check out our resource library of the latest news, trends, innovations, and industry insights in the ever-evolving world of energy.

DisCo Increased My Bill From N2.7m To N29m – Lagos Deputy Governor

DisCo Increased My Bill From N2.7m To N29m – Lagos Deputy Governor

The Deputy Governor of Lagos, Dr. Obafemi Hamzat, has lamented how the distribution company supplying electricity to his official quarters raised the bill from N2.7m in March to N29m in April The deputy governor said this Monday at a roundtable held in Victoria Island between the Rural Electrification Agency (REA) and the Lagos State Government, […]

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TCN Restores Power To Bayelsa, Rivers

TCN Restores Power To Bayelsa, Rivers

Residents of Bayelsa state and some parts of Rivers are in jubiltaory mood after power supply was restored to their homes over the weekend. The Transmission Company of Nigeria (TCN), in a statement on Sunday, said it restored bulk power supply to the states through its 132 Kilo Volt (KV) Owerri-Ahoada transmission line to the […]

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Governors Sign MoU With China To End Energy Crisis In Nigeria

Governors Sign MoU With China To End Energy Crisis In Nigeria

The 36 state governors have signed a Memorandum of Understanding with China to boost renewable energy and end the current energy crisis in Nigeria. The pact was signed at the Secretariat of the Nigeria Governors’ Forum (NGF) in Abuja on Thursday Gombe State governor and Chairman of the Northern Governors’ Forum, Alhaji Inuwa Yahaya who […]

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NERC Fines 8 DisCos ₦628M Over Estimated Bills

NERC Fines 8 DisCos ₦628M Over Estimated Bills

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight Distribution Companies (DisCos) for failing to comply with monthly energy caps for unmetered customers between July and September 2024.  In a statement released Thursday, the Commission fined the affected DisCos – Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola – six hundred and twenty-eight million, […]

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REAN Urges FG to Reconsider Ban on Importation of Solar Panels

REAN Urges FG to Reconsider Ban on Importation of Solar Panels

The Renewable Energy Association of Nigeria has urged the Federal Government to halts its plan to ban the importation of solar panels. The association, in a statement yesterday, through its President, Mr Ayo Ademilua said the “ban on solar imports, without first strengthening local production capabilities, risks derailing this progress.” Recently, the Minister of Science […]

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Nigeria’s Economy At Risk As Oil Prices Plunge To Four-Year Low

Nigeria’s Economy At Risk As Oil Prices Plunge To Four-Year Low

Nigeria faces a potential economic crisis due to the current tariff war between the United States and China which has led to a drop in the price of crude oil globally. Prices hit its lowest levels in four years after it fell for a fourth consecutive trading day on Tuesday. US President Donald Trump is […]

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Electric Vehicles Are Easier To Maintain And Cost-Effective – Ogunkunle

Electric Vehicles Are Easier To Maintain And Cost-Effective – Ogunkunle

Olanrewaju Ogunkunle, co-founder of Revocube Energies and Group Chief Executive Officer of Revocubelinks Group Limited revealed that electric vehicles are easier to maintain and more cost-effective than combustion engine vehicles. “I’ve been driving electric vehicles for months. I think between the first two or three months, I have done over 5,000 kilometres; it’s a different […]

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Nigeria To Ban Solar Panel Importation

Nigeria To Ban Solar Panel Importation

The Federal Government has revealed its plan to halt the importation of solar panels to promote local manufacturing and accelerate Nigeria’s shift toward clean energy solutions. The Minister of Science and Technology, Uche Nnaji made the disclosure during the unveiling of NEV T6 electric buses in Abuja. He stated that the decision aligns with Presidential […]

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