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.…
“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…
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…