The Dangote Refinery has revealed reasons for reduction in pump prices at filling stations nationwide, amid speculations of government policy induced reduction. In a statement made available by Dangote Refinery, the cut in pump price was as result of 5.6% reduction in price of Premium Motor Spirit (PMS) from the refinery, which does not have […]Read More
Community Leaders, Beneficiaries Applaud Egbin Power’s Medical Outreach, Describe Initiative
Egbin Power’s annual medical outreach, the Personal Corporate Social Responsibility (PCSR) vehicle of the leading power generation company, has been described by beneficiaries as a transformative and impactful health intervention that brings hope to people. The 2025 programme, which was the eighth edition, delivered essential healthcare services to the residents in Egbin, Ipakan, and Ijede […]Read More
FGN, GenCos Finalize Implementation Framework for ₦4 Trillion Presidential Power
14 October 2025 The Federal Government of Nigeria (FGN) has taken a major step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the Presidential Power Sector Debt Reduction Plan, a landmark initiative approved by President Bola Ahmed Tinubu to address structural bottlenecks and lay […]Read More
Egbin Power Marks 10th Scholarship Awards, Restates Commitment to Education/Community
Egbin Power Plc, Nigeria’s largest power generation company, has reaffirmed its unwavering commitment to education and sustainable community development as it celebrated the 10th edition of the Egbin Power Scholarship Awards. The milestone ceremony, held at the Egbin Power Clubhouse, brought together community leaders, parents, teachers, the management team and beneficiaries to recognise and reward […]Read More
September 03, 2025 Japan has opened the world’s second osmotic power plant, using an age-old method to produce clean energy. If successful, it could establish the blueprint for other countries to establish their own facilities and gradually develop the largely unheard-of industry. This shows promise for companies looking to decarbonise operations, as investment in alternative […]Read More
September 03, 2025 U.S. President Donald Trump said that Chinese President Xi Jinping is conspiring with Russia’s Vladimir Putin and North Korea’s Kim Jong Un against the United States as the three leaders put up a united front at a Beijing military parade in what observers see as a show of strength defying the West. […]Read More
China Starts Work on the World’s Largest Hydropower Dam
July 21, 2025 China has broken ground on what promises to be the world’s largest hydropower dam, a giant project on the eastern edge of the Tibetan Plateau that underscores Beijing’s dual ambitions: securing energy independence and solidifying geopolitical leverage over one of Asia’s most important rivers. Premier Li Qiang’s formal launch of the $170 billion venture, […]Read More
Egbin Power CEO calls for Sustainable Development in Electricity Sector
Lagos, Nigeria, July 11, 2025: The Chief Executive Officer (CEO) of Egbin Power Plc, Mokhtar Bounour, has reaffirmed the company’s unwavering commitment to driving sustainable development in Nigeria’s power sector during the Shell Power Conference 2025. The conference, held in Ikeja, Lagos, under the theme “Powering Nigeria’s Energy Future: Bridging the Gap Between Ambition and Action,” […]Read More
The Meter Acquisition Fund (MAF) is a Presidential Metering Initiative (PMI) aimed at closing the metering gap across electricity distribution companies (DISCOs), with Tranche A focusing specifically on Band A customers. All existing Band A customers, including those undergoing migration or meter replacement, who enjoy a minimum of 20 hours of electricity supply daily, are […]Read More
Customers Shouldn’t Subsidize Energy Needs Of Data Centers – AI
Jun 13, 2025 “Customers shouldn’t subsidize the energy needs of data centers” reflects a growing concern about the energy consumption of data centers and its impact on electricity prices for other consumers. Data centers, while essential for modern computing and cloud services, require significant amounts of energy to operate their servers and cooling systems. The increasing demand for […]Read More
