The United States Agency for International Development (USAID) continues to play a pivotal role in Nigeria’s energy landscape, driving critical investments aimed at improving power supply, expanding access, and enhancing overall grid reliability. As one of the key international partners supporting Nigeria’s energy reforms, USAID’s interventions are strategically aligned with the nation’s ambitious goal of
The Federal Executive Council (FEC) has given the green light for contracts totaling €161 million to upgrade Nigeria’s power infrastructure as part of the Presidential Power Initiative (PPI). This critical investment is aimed at strengthening the national electricity grid, reducing power outages, and enhancing transmission capacity across the country. The approval marks a significant milestone
In a surprising strategic pivot that has sent ripples through the global energy market, BP is shifting its focus back to fossil fuels while significantly reducing its investments in renewable energy. This move comes in the wake of a staggering $2 billion loss incurred in its renewable portfolio, prompting the energy giant to reexamine its
In a pivotal move that promises to reshape the renewable energy landscape, TIM Energia, an established player in the energy sector, has entered into a strategic partnership with Axpo Italia, a leader in renewable energy and green technology solutions. This collaboration represents a monumental shift for energy investment, bringing new opportunities for businesses, investors, and