• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Ukrainian Firm Moves To Invest In Nigeria’s Energy Sector

by Leadership News
1 year ago
in News
Energy Sector
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria’s energy sector is set to receive a boost as a Ukrainian company, EDS, has mapped out strategies to invest in the sector by generating more megawatts.

Advertisement

Zapyshynyi Olexandr, the Director of EDS, said this in a conference on Monday in Abuja, adding that the company will bring in expertise and funding to improve Nigeria’s power infrastructure in the diverse sectors especially in the states.

According to Olexandr, the project will combine solar, wind and hydro energies, which will start in the Federal Capital Territory (FCT) and Lagos before moving  to other states.

“We are looking at mini-grids because we realised that that is where the energy problem is in Nigeria”

“How successful the first project is will determine how much investment we will bring in,” Olexandr noted.

RELATED

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

28 minutes ago
Birnin Kebbi LG Distributes 7,200 Foodstuff To 51 Wards

Lawmaker Orgainses Training For Rice Farmers In Kebbi

40 minutes ago

Also  speaking at  the press conference, Ben Gbade Ojo, President of the Ukraine-Nigeria Business Council, said “Today, we are pleased to present to Nigerians the EDS Ukraine Power and Engineering, a Ukrainian company that has all it takes to turn around the electric power fortunes of Nigeria and help transform Nigeria into a power-efficient nation.

“We welcome the EDS to Nigeria and urge all Nigerians to take advantage of their immense capabilities for sustainable power sector efficiency in Nigeria.”

He pointed out that it is imperative to avail the government and Nigerians of the enormous opportunities that can be exploited in order to maximise the potential in the Nigerian power sector in  partnership  with the people of the Republic of Ukraine.

According to him, the Nigerian Electricity Act of 2023, signed into law by former  President Muhammadu Buhari in March 2023, and the Amended Act, signed into law this year by President Bola Tinubu has made it possible for  private sector  participation across all levels of the electricity supply chain, according to the provision of law.

According to the amended law, Nigerians can now participate in the electricity supply business, which was previously the exclusive preserve of the federal government, as administered by the sector regulator, the Nigerian Electricity Regulatory Commission. (NERC).

The 2023 Electricity Act, allows anyone to construct, own, or operate a business for generating electricity exceeding one megawatt in aggregate at a site.

 

Ojo said further that  the Ukrainian-Nigerian Business Council had fully mobilised to assist the federal and state governments and all-electric power sector players and stakeholders to benefit from this new Electricity Power Act.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Energy sectorUkrainian
SendShareTweetShare
Previous Post

Uhola Cultural Festival Begins In Kebbi May 2

Next Post

3rd Strata Base Open National Karate Championship To Begin In Rivers

Leadership News

Leadership News

You May Like

Why We Established ‘Discoverer Nigeria’ News Platform — Editor
News

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

2025/06/07
Birnin Kebbi LG Distributes 7,200 Foodstuff To 51 Wards
News

Lawmaker Orgainses Training For Rice Farmers In Kebbi

2025/06/07
Death Toll Rises To 7 In Bauchi Zakat Collection Stampede
News

Bauchi Govt, Tertiary Institutions Sign MoU On New Salary Structure

2025/06/07
Kwara Man Takes ‘Colo’, Jumps Into Well After Returning From Eid Prayer, Dies
News

Kwara Man Takes ‘Colo’, Jumps Into Well After Returning From Eid Prayer, Dies

2025/06/07
NUJ Takes AEDC’s ‘Outrageous’ Billing System To Gov Yahaya Bello, Assembly
News

NUJ Condemns Death Threat Against Adamawa Council Chairman

2025/06/07
Tinubu Mourns Boxing Legend Nwankpa
News

Tinubu Mourns Boxing Legend Nwankpa

2025/06/07
Leadership Conference advertisement

LATEST

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

Lawmaker Orgainses Training For Rice Farmers In Kebbi

Bauchi Govt, Tertiary Institutions Sign MoU On New Salary Structure

Kwara Man Takes ‘Colo’, Jumps Into Well After Returning From Eid Prayer, Dies

Osimhen Accepts Al Hilal Offer, Agrees Personal Terms With Saudi Club

NUJ Condemns Death Threat Against Adamawa Council Chairman

Ronaldo Turns Down Offers To Play At Club World Cup

Tinubu Mourns Boxing Legend Nwankpa

PICTORIAL: NAF Airstrikes Destroy Terrorists’ Hideouts, Foil Eid Attack In Borno

Ireland Deports 35 Nigerians Over Immigration Rule Violations

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.