The Minister of State for Petroleum Resources, Mr. Emmanuel Ibe Kachikwu, stated that Nigeria’s crude oil output is about 1.9 million barrels per day following the militant attacks on oil facilities in the country.
By the year 2024, it is expected that Solar Street Lighting Market size exceeds $15 billion.
The Vice President, Prof. Yemi Osibanjo is of the opinion that revenues from crude oil will still be needed in Nigeria to rebuild the economy, diversify it and overcome oil dependency.
President Muhammadu Buhari, while speaking at the Africa Day in Marrakech, Morocco on the sidelines of COP22, has announced plans to increase Nigeria’s on-grid power capacity to 30 Giga Watts by 2030 from the current level of about 5 Giga Watts adding that 30% of the capacity would be generated
Experts have said that rural electrification can improve the quality of life by increasing economic activity necessary for rural economic development in sub-Saharan Africa, Vanguard reports.
CPEEL remain committed to advanced learning, research, educational standard and academic excellence. This is evident as one of her student, Josephine ODURO-ASARE, the first Ph.D.
Nigerians have managed to live their lives around the avoidable anomaly of darkness, over the years, by individually powering their lives and livelihood just so as to maintain a semblance of civilization!
Ms. Rahila Thomas, Country Director, Energy Market and Rates Consultants (EMRC) Limited, will be our guest on Nextier Power Wednesday to discuss “Assessing Nigeria’s Power Sector Reform”. EMRC is a global leader in energy markets, regulation and transactions.
CPEEL's Principal Investigator, Professor Akin Iwayemi was made a fellow of The Nigeria Economic Society.
International Energy Agency (IEA) has said that global clean energy deployment is still overall behind what is required to meet the 2°C goal.
It added that the recent progress on electric vehicles, solar PV and wind is promising.