renewable energy – InfoStride News

REA Seals Groundbreaking MOUs for ₦500 Billion Renewable Energy Investment

Temitope Nlewemchi — Tue, 26 May 2026 12:25:40 +0000

The Rural Electrification Agency (REA) of Nigeria has formalized a series of memoranda of understanding (MOUs) with multiple investment partners to mobilize approximately ₦500 billion in funding for off-grid renewable energy projects. The agreements were signed in Abuja during a high-level energy and infrastructure summit, signaling strong momentum toward Nigeria’s decarbonization agenda and rural electrification [...]

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GIZ Drives Renewable Energy Transition in Nigeria

Temitope Nlewemchi — Fri, 23 May 2025 12:28:24 +0000

Germany’s development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), is accelerating Nigeria’s shift toward a cleaner energy future through a wide range of strategic programs and investments. At the heart of this effort is the Nigerian Energy Support Programme (NESP), a collaborative initiative co-funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) [...]

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Expert Urges Government to Embrace Renewable Energy for a Sustainable Future

Temitope Nlewemchi — Thu, 16 Jan 2025 15:30:51 +0000

A leading energy expert is urging the Nigerian government to prioritize the adoption of renewable energy sources as part of a comprehensive strategy to address the country’s energy challenges and promote long-term sustainability. In a recent statement, the expert emphasized that tapping into the potential of renewable energy could help Nigeria meet its growing energy [...]

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Energy Investment Reaches Record High: $3 Trillion Opportunity in 2024 (IEA Report)

Temitope Nlewemchi — Fri, 07 Jun 2024 09:32:13 +0000

Global energy investment this year is on track to exceed $3 trillion, with around $2 trillion directed towards “clean energy” financing, according to the International Energy Agency (IEA). This amount is double the investment being made in fossil fuels. The IEA defines clean energy to include renewables, electric vehicles, nuclear power, electricity grids, storage, heat [...]

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Federal Government Announces Plan to Transition to Eco-Friendly, Renewable Energy Transport System

Temitope Nlewemchi — Mon, 19 Feb 2024 02:57:09 +0000

The Federal Government of Nigeria has announced a strategic plan to transition the country’s transport system to be more eco-friendly by incorporating renewable energy solutions. This initiative reflects a commitment to sustainable development, reducing carbon emissions, and embracing cleaner technologies within the transportation sector. The move towards an eco-friendly and renewable energy transport system aligns [...]

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NSIA Launches Innovative Renewables Investment Platform to Drive Limitless Energy Transition in Nigeria

Temitope Nlewemchi — Sun, 19 Nov 2023 20:52:10 +0000

InfoStride News reported that the Nigeria Sovereign Investment Authority (NSIA) has introduced the Renewables Investment Platform for Limitless Energy (RIPLE), a groundbreaking $500 million initiative dedicated to the comprehensive development, investment, and operation of renewable energy projects. With RIPLE, NSIA aims to expand energy access, improve efficiency, and ensure energy security across Nigeria. The launch [...]

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Nigeria’s 32 Million Tons of Waste: Uncovering a Renewable Energy Treasure, Says Expert

Temitope Nlewemchi — Fri, 27 Oct 2023 07:19:05 +0000

Infostride News recently reported on a pressing issue in Nigeria – the staggering annual production of 32 million tons of solid waste. This report highlighted a unique and innovative solution proposed by Kanayochukwu Odoe, the Managing Director of NNPC New Energy Limited. In a candid interview on the “Energy and You” weekly series organized by [...]

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Africa’s Sustainable Growth Lies on Shoulders of Renewable Energy Sector

Adewale A. — Wed, 18 Oct 2023 10:23:55 +0000

Technology is redundant if there is no power to drive it. While Africa’s economic potential is undeniable, the critical barriers to overcome remain political and infrastructural, rather than technical. This year’s Africa Tech Festival from 13 to 16 November in Cape Town will unpack these challenges and discuss the pivotal role of sustainability & renewable [...]

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The Case For Investments In Nigeria’s Renewable Energy By Collins Okeke

Adewale A. — Wed, 08 Mar 2023 09:10:14 +0000

It is estimated that about 92 million of the over 200 million people, that make up the entire population of Nigeria have no access to electricity. Where access to electricity is available, a full day of uninterrupted supply is not guaranteed. Despite the abundance of natural energy sources, Nigeria faces significant electricity supply challenges stifling [...]

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Nigerians spend N7trn annually generation of power says- Expert

Temitope Nlewemchi — Sun, 25 Jul 2021 20:43:38 +0000

Nigerians, and by extension, their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said. Ogboko, also the Executive Director and Chief Operating Officer, Off Grid Tech Solutions Ltd., made this known at a virtual news conference in Lagos. He spoke on the theme: “Analysing the Benefits [...]

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House: Why Nigeria must embrace renewable energy now

Temitope Nlewemchi — Sat, 10 Jul 2021 03:13:30 +0000

The House of Representatives has said Nigeria must begin to adopt other sources of energy as the world is shifting from fossil fuel to cleaner, renewable energy. It also stated the need for the country to have a national policy on energy, which drives the power and petroleum sectors. This was made known in Abuja [...]

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RADBLAD: World-first Technology to boost Renewable Energy Sector

Adewale A. — Mon, 05 Oct 2020 20:46:34 +0000

WORLD-FIRST robotics technology is being developed which will help a key component in the renewable energy sector operate more efficiently. A lightweight robot capable of carrying out an X-ray maintenance survey of wind turbines – offshore and onshore – is being developed for the windfarm industry. Forth Engineering, in Cumbria, together with a consortium of [...]

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2016 Budget Proposal: President Buhari Errs For Allocating N39.4bn For Oil Exploration In The North – PDP Chieftain

Wale Adebayo — Sat, 12 Dec 2015 11:55:18 +0000

PDP chieftain, Chief Sunny Onuesoke, has faulted President Muhammadu Buhari’s allocation of N39.4 billion for oil exploration in the Northern part of Nigeria, as contained in the proposed 2016 budget. Speaking to newsmen in Yenagoa, Bayelsa State, Onuiesoke said it was amazing that when the West and other parts of the world were embarking on renewable [...]

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VP Osinbajo Discloses Nigeria’s Move To Harness Alternative Energy Sources To Improve Power

Wale Adebayo — Tue, 17 Nov 2015 16:48:37 +0000

Vice President, Prof. Yemi Osinbajo on Monday stated that the federal government was working on providing alternative energy sources through a mix of renewable and nuclear energy to improve power generation in the country. He also disclosed that in addition to the existing mix of hydro and thermal sources of power generation, there were efforts [...]

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