Stakeholders flay underfunding of solid minerals sector

Sep 26, 2013

Stakeholders in the solid minerals sector of the economy have flayed the underfunding of the sector by the government, saying it negates Federal Government’s aspiration to redirect attentions towards the sector for revenue generation. National President of Miners Association of Nigeria, Mr. Sanni Shehu, lamented the paucity of funds needed to effectively develop the sector,…

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‘Nigeria has 15,000mw hydropower potential’ – DG Energy Comm of Nigeria

Sep 20, 2013

Nigeria is endowed with hydropower potential of about 15,000mega watts(mw) unit of which 23 per cent is small Hydropower, the Director-General (DG), Energy Commission of Nigeria (ECN), Prof. Eli Jidere Bala, has said. He spoke in Abuja during the five-day training course on conducting feasibility studies on Small Hydro Plants by renewables academy (RENAC), Germany. According…

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Agency seeks global partnership in solar energy

Sep 20, 2013

The Council for Renewable Energy, Nigeria has called for government direct investment in solar production.  The president of the Council, Chief Anita Okuribido made this call in Lagos in a chat with The Nation on the sideline of the signing of Trade agreement between Austria and Nigeria recently. She said renewable energy was the way forward…

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FG’s effort towards ensuring power supply through coal

Sep 19, 2013

One challenge that faces every prospective investor in Nigeria is the issue of viable power supply. President Goodluck Jonathan’s government in a bid to tackle this problem is set to harness the existing coal supply towards creating 30% supplement to power. Ruth Tene Natsa in this piece revisits the available coal and its prospects towards…

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Lagos targets N38b savings from energy conservation

Sep 19, 2013

The Lagos State Government has projected a savings of about N38 billion from effective energy conservation in the state. However, the nation’s commercial nerve centre would require about 10,000Mega Watts (MW) for it to enjoy regular electricity supply. The Commissioner for Energy and Mineral Resources, Taofeek Ajibade Tijani, who made these known during the flag-off…

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FG to tackle power problem with alternative energy

Sep 17, 2013

The federal government has reiterated its determination to use alternative energy to solve the problem of epileptic power supply in the country. To this end, the government said it will discuss the modalities for the use  and the need  to embrace alternative energy at the Nigeria Alternative Energy Expo 2013 billed to take place in…

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NEITI audit: FG to revoke mining licences

Sep 17, 2013

The Federal Government on Monday threatened to revoke the mining licences of operators who fail to cooperate with the Nigerian Extractive Industries Transparency Initiative in the generation of relevant data for the 2011 solid minerals sector audit. The Minister of Mines and Steel Development, Mr. Musa Sada, warned operators in the sector to desist from…

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FG moves to harness coal for power generation

Sep 11, 2013

With its discovery in Enugu (1909), coal started to play increasing role in some sectors of Nigeria’s economy, especially transportation and electricity generation. The increased application of coal in railway and power generation which witnessed much progress through the efforts of the Nigerian Coal Corporation, NCC, was expected to continue throughout the 20th and 21st…

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FG confirms EU’s €27m renewable energy grants to Nigeria

Sep 10, 2013

Minister of Power, Professor Chinedu Nebo, confirmed at the weekend that the European Union (EU) is providing of €27 million for the development of renewable energy sources in Nigeria. The minister, who said this in a statement, disclosed that the contributions of donor agencies and development partners are critical to the ongoing reforms in the…

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Firm to deepen gas utilisation

Sep 10, 2013

Green Gas Limited has introduced a device through which people can buy Compressed Natural Gas (CNG) for their vehicles. Known as Smartcard, the device allows people to make payments by instalments for kits among other ancillary components needed to use in gas -powered vehicles. The firm, a subsidiary of the Nigerian National Petroleum Corporation (NNPC)…

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