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Nigeria Needs to Raise Gas Prices to Bridge $55 Billion Gap

Nigeria Needs to Raise Gas Prices to Bridge $55 Billion Gap

Bloomberg-Nigeria has to raise its gas prices to attract an estimated $55 billion of investment needed to plug persistent local shortages, Nigerian Gas Association President Bolaji Osunsanya said. A government increase of gas prices in August for power plants to $2.50 for 1,000 cubic feet from about $0.50 isn’t enough, Osunsanya, who is also managing


Nigeria: Sharp Practices – Eko Disco Develops Code of Conduct

Eko Electricity Distribution Company, EKEDC (Eko Disco) said it has developed a new code of conduct for its staff, warning that it will not hesitate to sanction any of its personnel engaged in unethical conducts, especially against its customers. “The company has developed a new code of conduct to guide its staff in their interaction

Distribution cable

Transmission Company Set To Inject $8bn To Boost Electricity

Transmission Company of Nigeria (TCN) plans to inject $8 billion to upgrade its operations to achieve 20,000 megawatts electricity supply, its Executive Director, Mr Mohammed Shaike said in a statement on Monday. Mr Shaike’s statement is coming days after the company received members of the Senate Committee on Privatisation, led by its Chairman, Senator Olugbenga

power sector

Bresson AS Energy Boss Calls for More Investment in Nigeria’s Power Sector

Chairman of Bresson AS Energy, Mr. Gbenga Olawepo has called for more investment, especially by the private sector, in Nigeria’s power sector. Speaking at the groundbreaking ceremony of the 90MW Magboro power plant being built by his firm, the industry captain highlighted the importance of adequate power supply in the evolution and sustenance of any

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