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Published on 12:26 GMT

FG clarifies tariff increase rumours, reveals power sector reform plans

From Juliana Taiwo-Obalonye, Abuja The Federal Government on Monday addressed recent media reports regarding a potential 65% increase in electricity tariffs. Special Adviser to the President on Energy, Olu Verheijen emphasised that the reports …

Source: The Sun Nigeria - Uncategorized
Published on 13:05 GMT

No Plan To Increase Electricity Tariffs – FG

February 03, (THEWILL) – The Federal Government has dismissed reports suggesting an imminent hike in electricity tariffs, describing them as misinterpretations of official statements. A Bloomberg report had earlier quoted the Special Adviser to President …

Source: The Will - Neutral
Published on 10:07 GMT

World Bank and AfDB pledge US$50bn to electrify Africa

Dr. Akinwumi Adesina, the president of the African Development Bank Group (L) and Ajay Banga, the president of the World Bank Group, signed a memorandum of understanding that saw both financial institutions commit about US$ 50 billion towards the provision …

Source: Independent (Uganda) - Center-left
Published on 09:35 GMT

Electricity tariff hike, Dangote cuts petrol price to N890… business stories to track this week

Here are the seven top business stories you need to track this week — February 3 to February 7. ‘OIL MARKETERS NOW LOADING PETROL FROM PH, WARRI REFINERIES’ The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says its members are …

Source: The Cable - Neutral
Published on Jan 30, 2025

Ethiopia aims to double electricity generation capacity by 2028: president

ADDIS ABABA, Jan. 30 (Xinhua) -- Ethiopia aims to increase its electric power generation capacity to 13,000 megawatts (MW) by 2028, President Taye Atske Selassie has said. The country is working hard to expand its renewable energy production capacity to …

Source: Xinhua News Agency - Gov't Propaganda
Published on Feb 1, 2025

Empowering Tanzania’s Future: How STEM is building the next generation of nuclear innovators

TANZANIA: STEM education (Science, Technology, Engineering, and Mathematics) is the cornerstone of Tanzania’s mission to develop a future-ready workforce, one capable of spearheading the country’s nuclear energy goals and advancing its technological …

Source: Daily News Tanzania - Pro-Government
Published on 04:14 GMT

Brace for fresh electricity tariff hike, FG tells Nigerians

NECA secures judgment against Customs over additional tax The Federal Government has told Nigerians to brace up for fresh electricity tariffs in months. Meanwhile, the Nigeria Employers’ Consultative Association (NECA) has secured a favourable judgment for …

Source: The Guardian (Nigeria) - Uncategorized
Published on 03:48 GMT

Nigerians Should Expect Increase In Electricity Tariff — FG

President Bola Tinubu’s led government has urged Nigerians to get ready for another increase in electricity tariff. Speaking with newsmen over the weekend at the Africa Heads of State Energy Summit in Tanzania, Olu Verheijen, a Special Adviser to the …

Source: Information Nigeria - Neutral
Published on 03:21 GMT

African leaders secure US$50bn investment to bridge energy gap

By Kizito CUDJOE Thirty African heads of state and government have pledged reforms to expand electricity access, backed by more than US$50billion in commitments from global partners in a bid to tackle the continent’s energy deficit. The commitments, …

Source: Business and Financial Times - Label Pending
Published on 02:38 GMT

Boosting energy access in Africa with $50bn

It is cheering that African leaders and partners have vowed to commit $50billion to improve access to electricity on the continent. At the recent Mission 300 Africa Energy Summit (AES) held in Dar es Salaam, Tanzania, 30 African leaders, including Nigeria’ …

Source: The Sun Nigeria - Uncategorized
Published on 02:20 GMT

Electricity tariff hike looms as FG plans to end subsidy

Power consumers have opposed plans by the Federal Government to raise electricity tariffs by over 66 per cent, from N116.18 to N193.63 per kilowatt-hour. The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, recently disclosed that the …

Source: Punch - Uncategorized
Published on Feb 2, 2025

Increase In Electricity Tariffs Expected Within Months — FG

Posted by African Examiner Featured, Latest Headlines, News Across Nigeria Sunday, February 2nd, 2025 (AFRICAN EXAMINER) – The Federal Government says Nigerians should brace up for fresh electricity tariffs in months. President Bola Tinubu’s Special …

Source: African Examiner - Neutral
Published on Jan 30, 2025

Dar Declaration: The future of Tanzania, Africa’s economy

Dar es Salaam. The recently endorsed Dar es Salaam Declaration to promote the availability of reliable and affordable energy in Africa is regarded as a catalyst for attracting investment, boosting industrialisation, and ultimately driving rapid economic …

Source: The Citizen - Uncategorized
Published on Feb 2, 2025

Tinubu Govt Hints At Fresh Electricity Tariff Hike For Nigerians In Coming Months

President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, shared this in an interview in Dar es Salaam, Tanzania, according to Bloomberg. The Nigerian Government has disclosed that plans are ongoing to further increase electricity tariff. President …

Source: Sahara Reporters - Left-wing
Published on Feb 2, 2025

Expect another electricity tariff hike within months – Presidential aide

The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, says Nigeria’s electricity tariff will increase within months. She stated this at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania. Recall that on April 3, 2024, the …

Source: Daily Post - Neutral
Published on Jan 28, 2025

Tinubu concludes visit to Tanzania, affirms Nigeria’s commitment to improved electricity access

President Bola Tinubu has concluded his visit to Dar es Salaam, Tanzania, where he joined other African leaders to participate in the Mission 300 Africa Energy Summit. The President and his team arrived on Sunday. He is now on his way back to Abuja. Bayo …

Source: News Diary Online - Uncategorized
Published on Feb 2, 2025

Presidential aide to Nigerians: Expect another electricity tariff hike within months

Olu Verheijen, special adviser to President Bola Tinubu on energy, says Nigeria’s electricity tariff will increase within months. According to a report by Bloomberg on Friday, the presidential aide spoke at the Africa Heads of State Energy Summit in Dar es …

Source: The Cable - Neutral
Published on Feb 2, 2025

Nigeria Moves Towards Cost-Reflective Electricity Tariffs to Boost Power Sector

The Nigerian government is preparing to adjust electricity tariffs to better reflect the actual cost of power generation and supply, a move aimed at ensuring financial sustainability within the sector. This development was confirmed by the Special Adviser …

Source: News Central TV - Uncategorized
Published on Feb 2, 2025

FG Targets 65% Increase in Electricity Tariffs to Reflect Production Cost

Emmanuel Addeh in Abuja The federal government has said that for electricity tariffs to reflect the actual cost of production, some Nigerians might need to pay over 65 per cent of what they are currently paying for a kilowatt/hour of electricity. …

Source: This Day - Pro-Government

07 days 11:08:32

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Published on February 3, 2025 - 05:48 GMT

Energy Management System for Energy Storage Market to Surge from USD 20.01 Bn in 2024 to USD 81.45 Bn by 2032

Energy Management System for Energy Storage Market will grow from USD 20.01 billion in 2024 to USD 81.45 billion by 2032 NEW JERSEY, NJ, UNITED STATES, February 2, 2025 /⁨EINPresswire.com⁩/ -- The Energy Management System for Energy Storage Market …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 14:30 GMT

Electrical Steel Coatings Market Poised for Steady Growth Amid Rising Demand for Energy-Efficient Solutions

Rising EV adoption in the United States drives demand for electrical steel coatings, fueled by renewable energy expansion and energy-efficient industrial needs. NEWARK, DE, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Chemical Industry ...

Published on February 3, 2025 - 13:24 GMT

Rooftop Solar Panel Market is Projected to Hit Market Size 180.0 (USD Billion) by 2032

Increasing demand for clean energy solutions, combined with advancements in solar technology, is fueling the rapid expansion of the rooftop solar panel market. NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 14:12 GMT

Electric Motors Core Market is Projected to Reach 48.6 USD Billion by 2032

Global electric motor market is growing due to increasing demand for energy-efficient solutions, shift toward EVs, and advancements in automation technologies. NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Automotive Industry ...

Published on February 3, 2025 - 12:17 GMT

Process Oil Market Expands with 2.25% CAGR, Expected to Reach USD 5.98 Billion by 2032 | Report by SNS Insider

Process Oil Market Expansion Driven by Automotive Growth, Rising Personal Care Demand, and Shift Toward Green Alternatives. AUSTIN, TX, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- The Process Oil Market Size was valued at USD 4.9 …

Distribution channels: Chemical Industry ...
Published on February 3, 2025 - 14:19 GMT

Global More Electric Aircraft Market to Grow to USD 12.6 Billion by 2033 with 12.8% CAGR

More Electric Aircraft Market forecasted to reach USD 12.6 Billion by 2033 from USD 3.9 Billion in 2023 at a CAGR of 12.8% NEW YORK, NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Market Overview The Global More Electric Aircraft …

Distribution channels: Consumer Goods ...
Published on February 3, 2025 - 07:13 GMT

Revolutionizing Industries with Energy-Efficient UV LEDs

UV LED Market Expected to Reach $3.8 Billion by 2032 WILMINGTON, DE, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Ultraviolet LED technology converts electric power to ultraviolet light. The UV LED includes different technologies such …

Distribution channels: Electronics Industry, Energy Industry ...
Published on February 3, 2025 - 11:00 GMT

H2 Global Energy Finalizes Initial Studies for Green Hydrogen and Ammonia Plant in Morocco

H2 Global Energy Finalizes Initial Studies for Green Ammonia Plant in Morocco with a production capacity of 1 million MTPa. RABAT, MOROCCO, February 3, 2025 /⁨EINPresswire.com⁩/ -- H2 Global Energy is pleased to announce the completion of initial …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...

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Published on February 3, 2025 - 16:27 GMT

The European's interview with Peta Conn of Invest Northern Ireland is now live

The European interviewed Peta Conn, Head of Territory - GB & Europe at Invest Northern Ireland for insights into the organisation. LONDON, UNITED KINGDOM, February 3, 2025 /⁨EINPresswire.com⁩/ -- Invest Northern Ireland (Invest NI) is the …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on February 3, 2025 - 16:00 GMT

Billy Bob Thornton Leads Landman Feature in Energies Media's Latest Issue

Featuring the Stories That Define Energy's Next Chapter, from Carbon Capture Breakthroughs to Workforce Challenges and the Role of Oil in a Changing Market HOUSTON, TX, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- The latest issue …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on February 3, 2025 - 15:59 GMT

Neighbors Fight to Stop High-Voltage Line from Historic Decatur Neighborhood

The City of Decatur was caught off-guard by Georgia Power's plans to run a 115,000-volt transmission line above century-old homes. DECATUR, GA, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- The City of Decatur was caught off guard …

Distribution channels: Energy Industry, Environment ...
Published on February 3, 2025 - 15:20 GMT

ReElement Technologies to Engage at Key February Events

ReElement Technologies, will be present at the following events in February to discuss domestic refining and explore feedstock and offtake partnerships FISHERS, IN, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- ReElement Technologies, a …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on February 3, 2025 - 15:00 GMT

Cool Edge Bits Launches a New Era in Drilling

Cool Edge Bits unveils a bold new brand - a refreshed identity that reflects a commitment to pushing boundaries in oil and gas drilling. HOUSTON, TX, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Cool Edge Bits announces the launch of …

Distribution channels: Energy Industry, Manufacturing ...
Published on February 3, 2025 - 14:44 GMT

Enginuity Power Systems Announces the Launch of the E|200, 200kW CHP System

Certified to UL2200 standards and emitting well below EPA requirements, E|200 represents a leap forward in reliable, efficient, and sustainable power solutions ALEXANDRIA, VA, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Enginuity Power …

Distribution channels: Building & Construction Industry, Electronics Industry ...
Published on February 3, 2025 - 13:24 GMT

Rooftop Solar Panel Market is Projected to Hit Market Size 180.0 (USD Billion) by 2032

Increasing demand for clean energy solutions, combined with advancements in solar technology, is fueling the rapid expansion of the rooftop solar panel market. NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 13:23 GMT

Water and Waste Water Market will Skyrocket by 2032 and Reach Huge Market Size of 1050.8 (USD Billion)

Water and Waste Water Market is driven by increasing population, industrial water demand, and concerns about water scarcity and pollution. NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research report …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 12:39 GMT

Smart Grid Market to Reach $261.9 Billion by 2033, Growing at 18.2% CAGR from 2023

Smart Grid Market size is expected to be worth around USD 261.9 billion by 2033, from USD 49.2 billion in 2023, growing at a CAGR of 18.2% NEW YORK, NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Overview The Global Smart Grid …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 12:30 GMT

LNG as a Bunker Fuel Market to Reach $1,912.63 Million 2032, Amid Stringent Regulations & Maritime Sustainability Goals

The global Lng As A Bunker Fuel Market is expected to grow at 18.9% CAGR from 2025 to 2032. BURLINGAME, CA, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Latest Research Report on the Lng As A Bunker Fuel Market Size, Status, and …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 12:26 GMT

Washing Machine Parts Market Outlook - Anticipated 4.62% CAGR Between 2025 and 2034 | Key Trends and Drivers

The Washing Machine Parts Market includes components like motors, pumps, control boards and other essential parts for machine functionality. NEW YORK, NY, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 12:21 GMT

Pin Insertion Machine Market Trends and Projections - Estimated to Grow at a 5.48% CAGR Over the 2025-2034 Period

The Pin Insertion Machine Market involves machines used in assembly lines for inserting pins in electronics, automotive and industrial applications. CALIFORNIA, CA, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 12:21 GMT

Static VAR Compensator Market to Reach USD 1256.84 Million by 2032 Amidst Growing Demand for Power Stability

The growing need for grid stability, renewable energy integration, and power quality improvement is driving the demand for Static VAR Compensators. AUSTIN, TX, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Market Size & Industry …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 11:44 GMT

Non-Thermal Pasteurization Market Growth Insights - Anticipated CAGR of 7.95% Over the Next Decade (2025-2034)

The Non-Thermal Pasteurization Market focuses on innovative methods to preserve food without heat, enhancing shelf life while retaining quality. CALIFORNIA, CA, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 11:00 GMT

H2 Global Energy Finalizes Initial Studies for Green Hydrogen and Ammonia Plant in Morocco

H2 Global Energy Finalizes Initial Studies for Green Ammonia Plant in Morocco with a production capacity of 1 million MTPa. RABAT, MOROCCO, February 3, 2025 /⁨EINPresswire.com⁩/ -- H2 Global Energy is pleased to announce the completion of initial …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on February 3, 2025 - 09:48 GMT

Power Bank Sharing Services Market Share & Size, Growth, Industry Trends | Emergen Research

The power bank sharing services market is expected to grow from an estimated USD 7.59 billion in 2024 to USD 25.09 billion in 2033, at a CAGR of 14.20% VANCOUVER, BRITISH COLUMBIA, CANADA, February 3, 2025 /⁨EINPresswire.com⁩/ -- The global power …

Distribution channels: Energy Industry ...
Published on February 3, 2025 - 09:00 GMT

Cade & Associates Welcomes Dallas Stanley, CPA, to the Team

SALISBURY, NC, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Cade & Associates is excited to announce the addition of Dallas Stanley, CPA, to its growing team of accounting professionals. With over two decades of diverse experience in …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 3, 2025 - 08:44 GMT

Small Modular Reactor Market Growth: Advancing & Next-Generation Nuclear Energy

Small Modular Reactor Market to exceed $13.4 billion by 2032 WILMINGTON, DE, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the small modular reactor market size was …

Distribution channels: Business & Economy, Energy Industry ...
Published on February 3, 2025 - 07:30 GMT

Argent LNG Selects Baker Hughes as Technology Provider, Strengthening Project

Baker Hughes (NASDAQ:BKR) FLORENCE, ITALY, February 3, 2025 /⁨EINPresswire.com⁩/ -- Argent LNG LLC (Argent LNG) has selected Baker Hughes, an energy technology company, as the liquefaction solution and related services provider for its proposed …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on February 3, 2025 - 07:13 GMT

Revolutionizing Industries with Energy-Efficient UV LEDs

UV LED Market Expected to Reach $3.8 Billion by 2032 WILMINGTON, DE, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- Ultraviolet LED technology converts electric power to ultraviolet light. The UV LED includes different technologies such …

Distribution channels: Electronics Industry, Energy Industry ...