VP Shettima: Nigeria Unlocking $410bn Investment To Become Africa’s Renewable Energy Hub

Nigeria’s Vice President, Kashim Shettima, has said the country’s energy transition agenda under President Bola Ahmed Tinubu is opening up investment opportunities valued at more than $410 billion between now and 2060, positioning Nigeria to become a driving force in Africa’s renewable energy revolution. Speaking on Tuesday in Abuja at the inaugural Nigerian Renewable Energy […]
Nigeria’s Electricity Act 2023 Triggers Wave of New Generation Licences Across Six States

The Nigerian Electricity Regulatory Commission (NERC) has approved the transfer of electricity market oversight to six additional states, empowering them to regulate their respective power sectors. In a statement released on Wednesday, NERC confirmed that the affected states—Enugu, Ekiti, Ondo, Imo, Oyo, and Edo—have established their own electricity regulatory agencies and are now authorised to […]