The West African Power Pool (WAPP) has signed a deal with an Israeli firm, Gigawatt Global, to build $1 billion of renewable energy projects in the ECOWAS sub-region.
By the year 2019, Nigeria is not only aiming to end fuel importation but to becoming a net exporter of the product, the Group Managing Director of the Nigerian Petroleum Corporation (NNPC), Dr Maikanti K. Baru, has said.
Ahead of the completion of the Dangote Oil Refinery, petroleum importing African nations and Bulk Oil Distributors based in Ghana have expressed eagerness to patronize the Nigerian Refinery when production starts.
Canadian Company, StarCore Nuclear Inc. has proposed to the Federal Government of Nigeria, the rollout of 23 small modular reactor nuclear power stations to help provide electricity supply which will be accessible to millions of Nigerians who currently have unreliable or no access to electricity.
Secretary-general of the Organization of Petroleum Exporting Countries Mohammad Sanusi Barkindo, has stressed the importance of dialogue and cooperation between oil industry’s stakeholders in order to achieve a stable and sustainable energy future.