Search

Nigerian Government Grants Off-Grid Power Licenses to Telcom Giants

Allen dreyfus Logo
© Allen Dreyfus
  • Licenses issued for 109.69 MW of off-grid electricity generation across Nigeria
  • MTN and other companies aim to reduce reliance on costly diesel generators

Lagos, Nigeria – The Nigerian government has issued off-grid generation licenses to telecom giant MTN Communications Nigeria Limited and eight other companies, enabling them to generate a total of 109.69 MW of off-grid electricity. The Nigerian Electricity Regulatory Commission (NERC) reported that these licenses, granted in the first quarter of the year, were issued to companies including Golden Penny Power Limited, Havenhill Synergy, and others focused on mini-grid electricity generation.

Recent Business

Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Afreximbank raises $527mn in Japan as investor demand surges
Read More »
A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania faces funding freeze fears amid election backlash and ICC pressure
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights