Category : Search result: alternative energy cost


N1.98bn Budgeted for Aso Rock Generator Fuel in 2026

The Presidency plans to spend N1.98 billion on fuelling State House generators this year, mirroring Nigeria's severe power supply crisis. Businesses are shutting down as costs soar. Read the full analysis.

Tinubu Hails Otedola, Elumelu for Landmark Energy Deals

Wale Tinubu commends Femi Otedola and Tony Elumelu for major transactions reshaping Nigeria's energy sector. Otedola's Geregu Power exit and Heirs Energies' Seplat stake acquisition signal strong investor confidence. Read more.

Energy Emerges as Decisive Factor in Global AI Race

The global AI race is pivoting from chips to energy. With data centres demanding massive power, reliable electricity is now the key advantage. See how the US, China, and Europe are positioned.

Lady Switches to Solar, No More Blackouts

Nsikak Effiong spent N800k on fuel before installing solar. She now enjoys 24/7 power, gave away her power bank, and says it's the best decision ever.

New 'God of White Calling' Religion Launches in Lagos

A new faith, God of White Calling, has been announced in Lagos, Nigeria, by Prophet Odedoyin Olawumi Ezekiel. It distances itself from mainstream Christianity, claiming direct divine revelation. Discover its core tenets and the prophet's bold claims.

Labour Party Best Alternative for Nigeria, Says Abure

Labour Party National Chairman Julius Abure declares the party the credible alternative for a prosperous Nigeria, citing Supreme Court victory and readiness for 2027 elections. Read his full New Year message.

New Tariffs to Make Nigeria's Ports 55% More Expensive

Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.

NIPCO to Boost Stake in Savannah Energy to 26.5%

Savannah Energy ends its share buyback, freeing £10m. NIPCO plans to increase its stake to 26.5% via secondary market deals. A new relationship agreement aims to protect minority shareholders. Read the full details.

NIPCO saves N44m yearly with solar at fuel stations

NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.

Osun Trains 1,000 in Waste-to-Energy Conversion

Osun State empowers 1,000 youths and women with practical skills to convert waste into clean energy and income. The initiative targets green entrepreneurship and a circular economy.

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