Only Companies Interested in Electricity Will Get Coal Mining Licenses – FG

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The Federal Government, yesterday, said that coal mining licences would be issued only to companies that are interested in generating electricity from coal. It also declared that it has not concessioned the Ajaokuta Steel Company, and that it is currently undertaking a technical audit of the facility to determine structures that are on site. Speaking at a forum in Abuja, … Read More

Power: Gas Dependency, Not The Way To a Secure Future

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The Federal Government of Nigeria has said that sole-reliance on gas cannot solve the country’s existing electricity challenges. This statement was made by the Acting Chairman of Niger Delta Power Holding Company (NDPHC), Chinedu Ugbo, on behalf of the Minister of Power, Works And Housing, Babatunde Raji Fashola, during a conference in Lagos State, Business News reported. According to Ugbo, … Read More