Category : Energy Power


Nigerians Share Solar Power Costs and Savings

Three Nigerians detail their switch to solar energy, revealing expenses from N468,000 to N2.7 million and savings up to N3 million, highlighting a trend amid power outages and high fuel prices.

Indonesia Rations Fuel, Enacts Remote Work as Prices Soar

Indonesia has introduced fuel rationing, work-from-home Fridays for civil servants, and cuts to government travel in response to soaring global energy prices linked to Middle East tensions. The measures aim to save billions in subsidies.

Dangote Refinery Gets $2.5bn Loan From Afreximbank

The Dangote Petroleum Refinery has secured a $2.5 billion loan from Afreximbank as part of a $4 billion syndicated facility to strengthen its balance sheet and support long-term growth across Africa.

Dangote Refinery May Export Fuel Amid Crude Shortage

The Dangote Petroleum Refinery has stated it will continue supplying fuel locally but warns it may export products if forced to import crude oil. The facility faces strong demand for diesel and aviation fuel amid global supply disruptions.

Oyo Faults Adelabu's Power Project Claims

Oyo State Government disputes Minister Adelabu's allegations about failed power projects, clarifying the 11MW IPP was operational and detailing progress on a new 12MW gas project.

Egypt's 9PM Business Curfew Due to Energy Crisis

Egypt has mandated shops, restaurants, and entertainment venues to close by 9PM for one month as emergency energy-saving measures. The country's petrol bill soared to $2.5 billion in March alone due to the Iran war blockade of the Strait of Hormuz.

Petrol Prices Unchanged Despite Dangote's N70 Cut

Filling stations in Lagos, including NNPC outlets, continue selling petrol at N1,310-N1,330 per litre despite Dangote Refinery's N70 price reduction. Marketers cite existing high-cost inventory as reason for delayed adjustment.

Yobe Gets $5M World Bank Grant for Solar Projects

Yobe State Government has secured a $5 million World Bank grant to install solar power systems in six health and educational institutions, aiming to improve service delivery and sustainability.

Nigerians Face Blackouts Amid FG, GenCos Debt Dispute

The Federal Government and electricity generation companies disagree on outstanding debts, with figures ranging from N2.8 trillion to N6.3 trillion, prolonging power sector instability and blackouts for Nigerians.

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