How Nigeria is Expanding its Solar Footprints

Oct 26, 2016

The tone of the conversation around utility-scale solar power in Nigeria is changing. Complicated conditions for fossil-based grid generation provide the needed motivation for the government and private sector to further explore clean-tech power. Solar power generation which seemed neglected is now receiving huge attention, forming the center of many power generation-focused conversations in Nigeria.…

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How to Incentivize Nigerians to Imbibe Energy Conservation Culture

Sep 5, 2016

Last week, during the Monthly Power Stakeholders’ meeting held in Maiduguri, Minister of power, works and housing, Mr. Babatunde Fashola, stressed the need for Nigerians to learn to conserve energy for stable power supply to be achieved in the country. I totally agree with Mr. Fashola because every effort to increase generation and transmission capacity in…

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Perspectives On the PIB and Balancing the Stakeholders’ Interests

Aug 25, 2016

There is a fundamental interdependence between Host Countries and the Multinational Oil Companies (MNOCs) in the development of natural resources. The interests of these two parties differ much but mainly converge on resource production-sharing. Two other major stakeholders are the National Oil Companies and the Host Communities. The fact that oil and gas resources are…

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Embracing Associated Risks in the Burgeoning Solar PV Market

Aug 25, 2016

Beyond the federal government’s expressed emotions, Nigeria’s recent approval of an entry feed-in tariff for solar power supply does not foreclose the fact that there are associated risks in the solar photovoltaics technology. Chineme Okafor however examines the country’s readiness for this technology The Nigerian Bulk Electricity Trading Company Plc (NBET) recently approved an entry…

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Nigeria: 100% Renewable Energy is Possible

May 25, 2016

Renewable energy is generally defined as energy that is collected from resources which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves and geothermal heat. Renewable energy often provides energy in some important areas such as electricity generation, heating/cooling, transportation and industrial purposes. Globally, investment in renewable technologies amounted to…

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Petrol Price Increase, Sustainable Transportation and Alternative Fuel for Vehicles

May 22, 2016

The Nigerian economy has borne the huge burden of subsidy payments on petroleum products. Massive importation of light petroleum products (petrol, diesel, and kerosene) continues unabated because the national refineries are working sub-optimally and new ones are yet to be constructed. Recently, government announced its plan to privatize the old and mismanaged refineries, which was…

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Nigeria: The Influence of Fossil Fuel on Democracy

May 22, 2016

From 1956, when oil was first discovered in commercial quantities at Oloibiri in Bayelsa State, the Nigerian government has earned over $600 billion dollars from oil resources. The petroleum industry is a major obstacle to the organic growth of this great country. Some of its sways can be traced to political campaign donations that the…

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Nigeria’s Obsession for Fossil Fuel and its Health Impact

Apr 26, 2016

The year 2015 was the hottest year ever in the history of the earth’s climatologically chronology. This increased temperature can be attributed to global warming resulting from the selfish activities of man especially carbon emitters. As nations scramble to attain global supremacy, nature tends to suffer inadvertently. The consequences of prolonged carbon exposure into our…

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Mobilizing for a Future Without Oil

Apr 20, 2016

In 2009, Margaret Atwood wrote a piece titled ‘The Future without Oil’ for a  German Newspaper, Die Zeit. In that famous article, she said “it’s not climate change, it’s everything change”. That piece which is as relevant today as ever, presents us a picture of a possible future of an earth when fossil fuel is…

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Dwindling Oil Revenues: Economic Implications for Governance, Business and Development

Mar 8, 2016

Oil revenue has been and still is the mainstay of the national economy and is likely to remain so for a long time to come, as it currently provides the bulk of government revenue and most of the foreign exchange earnings. At present, crude oil exports account for about 90 percent of foreign exchange earnings…

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