The Minister of Power, Adebayo Adelabu, said on Thursday that the sector generated N700 billion in revenue last year. He stated this during the 6th Edition...
The African Development Bank (AfDB) has resolved to support Nigeria’s power sector with a $1 billion Policy-Based Operation (PBO) fund to boost electricity. The bank is...
The Peoples Democratic Party (PDP) on Wednesday condemned the collapse of the country’s national grid. A power company, the Eko Electricity Distribution Company, in a statement...
The Nigeria Labour Congress (NLC) has declared the privatization of Nigeria’s power sector a catastrophic failure that is currently in a near-comatose state. The NLC’s President,...
The World Bank has endorsed a $750 million loan through the International Development Association for Nigeria’s Power Sector Recovery Operation to transform the country’s power supply....
On account of the perennial industry-wide inefficiency on which the nation’s power sector has run since the Fourth Republic birthed, the Federal Government may be earnestly...
The Federal Government has said it is targeting a 30% renewable energy composition in the country’s energy mix by 2030. The Minister of Power, Works and...
DESPITE over 192 trillion standard cubic feet of gas reserves yet to be tapped, power plants in the country still lack adequate gas to run turbines,...
The Minister of Power, Works and Housing, Babatunde Fashola, Thursday said the Federal Government was set to involve more Nigerian firms in meter manufacturing. Fashola spoke...
Acting President Yemi Osinbajo has hinted at the Federal Government’s plan to further liberalize the power sector to allow for massive investments such that the sector...
Nigeria’s power sector is about witnessing a major leap as the United States has announced that it has committed approximately $6.5 million in funding energy projects...
