Energy institute in nigeria news

Here are some recent news updates on the energy sector in Nigeria:

1. Nigeria's Power Generation Reaches 4,000MW

The Nigerian Ministry of Power has announced that the country's power generation has reached 4,000 megawatts (MW), a significant increase from the 3,500MW recorded in 2020. This achievement is attributed to the efforts of the government to improve the power sector. (Source: Vanguard News)

2. Nigeria to Increase Renewable Energy Capacity

The Nigerian government has set a target to increase its renewable energy capacity from 450MW to 1,000MW by 2025. This is part of efforts to reduce the country's reliance on fossil fuels and mitigate climate change. (Source: This Day Live)

3. Shell to Invest $15bn in Nigeria's Energy Sector

Royal Dutch Shell has announced plans to invest $15 billion in Nigeria's energy sector over the next five years. The investment will focus on oil and gas production, as well as renewable energy projects. (Source: The Guardian Nigeria)

4. Nigeria's Energy Crisis: A Threat to Economic Growth

A recent report by the International Energy Agency (IEA) has warned that Nigeria's energy crisis poses a significant threat to the country's economic growth. The report highlights the need for urgent reforms to address the country's energy challenges. (Source: Premium Times)

5. Nigeria to Launch National Energy Policy

The Nigerian government has announced plans to launch a new national energy policy aimed at promoting sustainable energy development and reducing energy poverty. The policy is expected to be launched in the coming months. (Source: Leadership Newspaper)

6. Nigeria's Gas Flaring Reduction: A Step in the Right Direction

The Nigerian government has announced plans to reduce gas flaring in the country by 50% by 2025. This is a significant step towards reducing the country's environmental impact and promoting sustainable energy development. (Source: The Punch)

7. Nigeria's Energy Sector to Attract $10bn Investment

The Nigerian energy sector is expected to attract $10 billion in investment over the next five years, according to a report by the Nigerian Investment Promotion Commission (NIPC). The investment will focus on oil and gas production, as well as renewable energy projects. (Source: BusinessDay)

8. Nigeria's Power Distribution Companies (DISCOs) to Improve Service Delivery

The Nigerian government has announced plans to improve the service delivery of the country's power distribution companies (DISCOs). The plan includes the introduction of a new tariff structure and the implementation of a prepaid metering system. (Source: The Nation)

9. Nigeria to Increase Oil Production

The Nigerian government has announced plans to increase oil production to 2.5 million barrels per day (mbpd) by 2025. This is part of efforts to increase the country's revenue and promote economic growth. (Source: Daily Trust)

10. Nigeria's Energy Sector to Create 1 Million Jobs

The Nigerian energy sector is expected to create over 1 million jobs over the next five years, according to a report by the Nigerian Energy Commission (NEC). The jobs will be created in the oil and gas, power, and renewable energy sectors. (Source: The Guardian Nigeria)

These are just a few of the recent news updates on the energy sector in Nigeria. The country's energy sector is a critical component of its economy, and there are many ongoing efforts to improve its performance and promote sustainable energy development.