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Nigeria To Borrow $1.15Billion For Power Reforms And Energy Development

The Federal Government has concluded plans to borrow $1.15 billion (N178 billion) for its power reforms in 2013, the Minister of Information, Labaran Maku,...

Canadian company wins $24million power contracts

 Nigeria's privatisation regulator said Manitoba Hydro of Canada (MHC) had won a $24 million power transmissioncontract, part of delayed plans to overhaul woeful electricity infrastructure. Nigerian President Goodluck Jonathan announced plans...

New Dawn in Nigeria as States and Local govts can generate...

Local governments and communities with financial capability can now generate and distribute electricity, according to two new regulations issued by the Nigerian Electricity Regulatory Commission, writes Martin Ayankola of Punch Newspapers
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