By Favour Ifeoluwa & Akinola Ajibade The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain. He spoke during the maiden edition of Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
By Akinola Ajibade The Central Bank of Nigeria(CBN) embarked on several performance improvement projects in order reduce the problems facing the industry, the apex bank's Directors of Developmental Finance, Strategy Management, Trade and Exchange, Messrs Yusuf Philips, Clement Buhari and Ozoemena Nnaji, have said. They spoke during their visit to the Eko Electricity Distribution Company ( EKEDC) recently. The visit was part of the monitoring and evaluation tour of the CBN- funded intervention facilities for electricity distribution companies in Nigeria. They all justified the interve ntion of CBN in the nation's power sector. Speaking,Yila explained that the CBN had intervened by funding the procurement, installation, rehabilitation, and replacement of some electricity distribution infrastructure to assist the Discos’ capacity in the delivery of adequate and reliable power supply to Nigerians. He said the CBN commenced phase zero of the National Mass Metering Programme in