NBET signs MoU to boost investments in Nigeria’s power sector

The Nigerian Bulk Electricity Trading Plc (NBET) and Energy Exchange Istanbul (EXIST) have signed a Memorandum of Understanding (MoU) to boost commercial transactions and investments in Nigeria’s power sector. The partnership will help Nigeria improve commercial transactions and revenue collections…

Energy Transition takes centrestage at IRENA Investment Forum in Southeast Asia

First IRENA Investment Forum Kicks Off in Southeast Asia Accelerating energy transition through investment takes centre stage in cooperation with Indonesian G20 Presidency. The first-ever Investment Forum organised by the International Renewable Energy Agency (IRENA) takes place from 31 August…

Co-creating a resilient future 2020-2021

The Resilient Cities Network has released its 2020-2021 report. The report charts the network’s journey over the past two years, including it’s plans and aspirations for 2022. According to the report, science is painting a bleak picture of the future.…

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8).…

FG secures $700M Fund for WASH Projects in States – Adamu, Minister of Water Resources

The Nigerian Minister of Water resources, Engr Suleiman Adamu has revealed that the Federal Government has negotiated a development loan of about $700 million for Sustainable Urban and Rural Water Supply, Sanitation and Hygiene (SURWASH) projects on behalf of States.…

Water Minister Tasks State Governments to invest more in Water Supply and Sanitation

The Hon. Minister of Water Resources, Engr. Suleiman H. Adamu FNSE, FAEng has called on the various State Governments to invest more in Water Supply and Sanitation. Engr. Suleiman while briefing journalists at a Lunchtime Forum held in Abuja on…

“I have delivered more than 150 roads in Abia” – Gov. Ikpeazu says

Gov. Okezie Ikpeazu of Abia says his administration has delivered more than 150 roads to the state in the past seven years to boost its socioeconomic development. Ikpeazu made the claim in Umuahia on Saturday in a state broadcast to commemorate 31st anniversary of Abia. The…

Nigeria: Stakeholders endorse African Development Bank country strategy, urge greater engagement with Diaspora

Representatives of Nigeria’s Diaspora, national networks, and youth and women groups have hailed the African Development Bank for supporting transformational projects in the country and across Africa. The African Development Bank forum, which took place in early August, is part…

FG partners with Israel, Japan on manufacturing of electric automobiles

The Federal Government has signed a Memorandum of Understanding (MoU) with Israeli and Japanese companies to commence assembling and manufacturing of environmentally friendly, green, electric and smart automobiles by 2023. The National Agency for Science and Engineering Infrastructure (NASENI) entered…

Osinbajo Launches Energy Transition Plan; Says Nigeria needs $10 Billion a year to attain development ambitions

* $410 Billion to deliver Energy Transtion by 2060 * Complementary Launch of Universal Energy Grant Facility * Solar Companies urged to participate   Nigeria’s Vice President, His Excellency, Prof Yemi Osinbajo is leading efforts towards an energy and development…

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