Electricity
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The Electricity Issue
- By solomon2day
- On 13/01/2024
- In Solomon's Column
Over 10 years after the privatization of the electricity sector in Nigeria, millions of Nigerians still remain without meters and regular electricity supply.
Indeed, the set objectives of the privatization are yet to be achieved, while the number of defects in the regulatory policy have been brought to the fore.
Infrastructural development in the sector remains a major issue, just as distribution and generation companies struggle to impress electricity consumers.
The situation remains the same as a result of the unknown interest of government officials.
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Ethiopia Nets $81.6 million from Electricity
- By solomon2day
- On 26/07/2018
- In News
Ethiopia has declared $81.6 million as revenue for the export of electricity in the just concluded fiscal year.
The Ministry of Water, Irrigation & Electricity has a projection to sell 1.5 billion kWh of the electricity to Sudan and Djibouti, but was however able to sell 1.4 billion kWh within the financial year.
The total earning from Sudan was $47.5 million, or 58.2pc, while $34.1 million was from Djibouti.
Presently, Ethiopia has the potential of generating 4,500MW of energy and a potential capacity to produce 45,000MW of hydropower, 10,000MW of geothermal and 1.3 million megawatts of wind power.
