Roadmap on solid minerals investment out in 2016 – Fayemi

Dec 9, 2015

The Minister of Solid Minerals, Dr. Kayode Fayemi has said that the ministry would in the first quarter of 2016, come up with a roadmap that would guide local and foreign investors in the mining sector, The Guardian reports. Fayemi disclosed this during a meeting with the Canadian High Commissioner to Nigeria, Mr. Perry Calderwood, in Abuja…

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IFC, Alten to construct 120mw solar plant in Kogi

Dec 9, 2015

The International Finance Corporation, a member of the World Bank Group, has signed a joint development agreement with a Nigerian solar power project company, Alten’s Middle Band Solar One Limited, to develop a 120-megawatt peak photovoltaic solar power project along with a consortium of developers, The Punch reports. The project is expected to provide renewable…

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Off-grid solutions necessary for Nigeria’s power problems – Okonjo Iweala

Dec 7, 2015

Former Nigerian Minister for Finance and current Commissioner at the Global Commission on the Economy and Climate, Dr. Ngozi Okonjo-Iweala, has said the solution to Nigeria’s power problem lies in off-grid initiatives that are climate friendly and which also promote sustainable development, The Nation reports. Okonjo-Iweala, who spoke at the Conference of Parties (COP 21)…

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World Bank/IFC to provide off-grid solar solutions for Nigeria

Dec 7, 2015

The International Finance Corporation (IFC) of the World Bank has unveiled an off-grid solar power solution for Nigeria tagged “Lighting Africa”, The Sun reports. The initiative, according to the Consultant, IFC/World Bank Market Development for Lighting Africa Project, Mr. Fanen Acho, is aimed at bridging the huge gap in the area of access to power while also…

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Nigeria, 120 countries launch $100b solar alliance scheme

Dec 3, 2015

Nigeria is partnering with over 120 countries in the International Solar Alliance (ISA), an ambitious solar alliance that plans  $100 billion of investments in widespread solar projects and infrastructure that are needed by 2030. The widely anticipated initiative, was launched at the on-going international climate summit in Paris, The Guardian reports. Under the initiative, the countries said in…

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Adesina unveils African Renewable Energy Initiative in Paris

Dec 3, 2015

Akinwumi Adesina, head of the African Development Bank (AfDB), has outlined his bold vision for electrifying Africa, where two-thirds of people lack access to power, and plans to get there by skipping carbon-intensive growth in favour of renewable energy, Reuters reports. At U.N. climate change talks in Paris on Tuesday, Adesina officially launched the African Renewable…

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France to give Nigeria, others €2bn for renewables

Dec 2, 2015

French President Francois Hollande said on Tuesday that France will give African countries two billion euros ($2.1 billion) over the next four years to develop renewable energy and replace climate-harming fossil fuels, AFP reports. “France will devote six billion euros between 2016 and 2020 for electricity provision on the continent” of Africa, he said on…

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FG looks to understudy Australia’s mining sector

Dec 1, 2015

The Federal Government has almost finalized plans to understudy the Australian mining sector in order to improve on the country’s own solid mineral sector, Daily Trust reports. The Nigerian government is also to learn how its Australian counterpart has been able to achieve synergy between communities, states and the government in resolving the recurrent conflicts…

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NASENI commissions locally made propeller turbine technology for dams

Nov 26, 2015

The National Agency for Science and Engineering Infrastructure (NASENI) has developed a propeller turbine technology for local power generation, Leadership reports. The turbine technology conceived and designed by engineers at the Engineering Materials Development Institute (EMDI), Akure, an institute under NASENI, has already been installed at Awara Dam, Ikare and Akoko North East Local Government…

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Total aims for 10 solar-powered filling stations by December

Nov 25, 2015

Total Nigeria Plc, has expressed its commitment to further improve service delivery to customers and has unveiled plans to launch an additional eight solar-powered filling stations to make a total of 10 efficient stations across the country, The Guardian reports. The oil marketing firm already has one solar-powered station in Ikeja Lagos and another in…

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