Mainstream Energy Solutions Limited won the concession of the Kainji and Jebba Hydro Power plants, Niger State, in 2013 during the power sector privatization. In this interview, the Managing Director/CEO, Engr. Lamu Audu, spoke about how Nigerians can get more power with direct access to GenCos.Kainji is the first hydropower plant in Nigeria. It was commissioned in 1968 with an installed capacity of 760MW. It was actually designed for 960MW but only 760MW was installed.
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Zaki-Biam market: Traders still live in fear, 2 years after attack – Daily TrustTwo years after the deadly attack on the Zaki-Biam international yam market in Ukum Local Government Area of Benue State, said to be the largest in West Africa, business activities have continued. However, for traders, especially those who come from far places, the market is no longer as lively as it used to be. It …
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CBN injects $284.2m into market – Daily TrustThe Central Bank of Nigeria (CBN), in the latest round of mediation in the inter-bank foreign exchange market, has injected $284.2 million in the retail Secondary Market Intervention Sales (SMIS). This is in addition to CNY36.0 million in the spot and short-tenured forwards segment of the inter-bank foreign market. Disclosing this in Abuja on Friday, … Inflation lurking around the corner
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