Nigeria’s power sector needs a coordinated approach—not isolated fixes. ⚡
Fenchurch Group’s COO, Lolu Akingbe, and Project Lead, Martins Fowowe, share their insights in *BusinessDay* on fixing the power value chain.
#FenchurchGroup#NigeriaPowerSector#Energy
@DoubleEph I had a front row seat some years back , I think they played Birmingham and ish hit the fan and spilled over to outside the stadium. It was an experience.
Fenchurch Group Demonstrates Commitment to Energy Leadership at Middle East Energy Conference.
Fenchurch Group's CEO, Olufemi Bakare, and members of the management team recently attended the Middle East Energy Conference in Dubai, a premier event for the energy industry.
Fenchurch Power Expands into Hybrid Energy Solutions
Fenchurch Group's leadership recently met with CDD Infrastructure Limited to explore hybrid energy projects that integrate gas and solar power. This collaboration aims to enhance energy efficiency, reduce carbon emissions,
Fenchurch Group’s COO, Lolu Akingbe, Joins JBC Socio-Economic Summit Panel
Fenchurch Group’s COO, Lolu Akingbe, participated as a distinguished panelist at the JBC Socio-Economic Summit in Ibadan on November 15, 2024.
I am pleased to share an update on the progress we are making in Ekiti towards achieving energy independence.
We have granted operational licenses to 14 electricity investors, which include :
* 3 distribution companies
* 4 generation companies
* 2 mini-grid generation companies, and
* 5 meter asset providers.
This strategic move will enhance power generation, ensure efficient distribution, and provide reliable metering for our residents.
Currently, Ekiti receives approximately 20-25 MW from the national grid, which falls short of our estimated requirement of 120 MW. Our goal is to reach 130 MW through a robust state grid, reducing our dependency on the national supply and promoting sustainable, locally managed energy solutions.
This initiative aligns with the 2023 Electricity Law Enactments, which empower states to decentralise electricity markets and license providers to meet local needs better.
Thanks to everyone who believes in our vision for a brighter, self-reliant Ekiti. Together, we are building a stronger foundation for economic growth, job creation, and an improved quality of life for all our residents.
The Rural Electrification Agency (REA) has partnered with Fenchurch Power and other stakeholders to boost renewable energy in Nigeria, aiming to generate 1,000 MW through solar power and drive $1.1 billion in private investment. Supported by the World Bank, this initiative under
Highlighting Last Week's Nigeria Energy Event! ⚡
We had the privilege of connecting with esteemed stakeholders in Nigeria's power sector, exchanging valuable insights and innovative solutions for a more efficient energy landscape.
Fenchurch GCEO Olufemi Bakare shares insights on Nigeria's power sector in an exclusive interview with BusinessDay (August 27, 2024). (https://t.co/eX9RtdukHF).
#FenchurchGroup#FenchurchPower#BusinessDay
@sayrahphilip@chude__ I guess the looters are like flies , following the task force guys around the city or even tracking them. It's a sad situation all round.