Friday, March 31, 2023
Tags REA

Tag: REA

REA signs $395m deal to boost rural electricity in Nigeria

According to him, the programme is expected to provide off-grid reliable and clean electricity supply to 705,000 households, 90,000 micro, small and medium enterprises.

REA, InfraCredit Sign MoU for Off-grid Infrastructure Financing

The MoU aims to strengthen the strategic partnership between the REA through the SPN Programme and InfraCredit to catalyse long-term local currency investments into the Nigeria solar off-grid space.

Expect power supply in Borno state in six weeks – Minister 

Abubakar said that all efforts are in gear to restore power to Maiduguri and this he said, is expected to be concluded in about six weeks’ time.

REA Signs Agreement with Two Energy firms

The Nigeria Electrification Project (NEP), Project Management Unit (PMU) of Rural Electrification Agency (REA)  has signed a Performance-Based Grant agreement, a sub-component of the NEP solar mini-grid with Messrs. Wavelength and Maskh Nigeria Limited.
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Nigeria’s Minister of State for Petroleum resigns

Sylva’s resignation comes at a time of political transition in Nigeria, with President Muhammadu Buhari serving his final weeks in office before giving way to President-elect Bola Tinubu on May 29.

FIRST BANK OFFICIAL STATEMENT

Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank. 

Egbin Power boosts nation’s supply, restores sixth unit

It said: “We are pleased to announce the successful restoration of ST-6 after extensive repairs, including replacement of HIP & LP steam turbine blades and Generator overhauling, in addition to the in-house inspections for Boiler and Balance of Plant.

Transcorp Plc delivers strong performance as revenue rises by 21%

The conglomerate saw a 7% increase in its Power investments, despite the challenges faced in the year from the issues with gas supply, off the diminished Oil & Gas production in the country in 2022.