The Nigerian Electricity Regulatory Commission (NERC) has said the low level metering in the power sector is responsible for low revenue collection by electricity distribution companies...
DESPITE its 202 trillion standard cubic feet, scf, gas reserves, Nigeria has not been able to harness enough of its gas for power generation, as a...
The Minister of Power, Works and Housing, Babatunde Fashola has declared that the current power challenges faced by Nigerians was none of the business of the...
Obiageli Ezekwesili, presidential candidate of Allied Congress Party of Nigeria (ACPN), has promised to provide 24-hour power supply if voted into office in 2019. In a...
A report by the Nigerian Electricity Regulatory Commission (NERC) has said the over N60 billion revenue shortfall in the books of power distributors is slowing down...
The Federal Government has signed an agreement with the Japanese government for the rehabilitation of the Lagos Transmission Substation. The agreement was signed by the Minister...
The Minister of Works, Power and Housing, Mr. Babatunde Fashola, has thumbed up the administration of President Muhammadu Buhari, saying the administration has increased power generation,...
The electricity Distribution Companies (DisCos) in the Nigerian Electricity Supply Industry (NESI) have kicked against the Federal Government’s choice to engage the Transmission Company of Nigeria...
The Minister of Power, Works and Housing, Babatunde Fashola, says Nigeria’s current power generation has reached 7000 Mega Watts (MW), while distribution stands at an “all-time...
The Transmission Company of Nigeria (TCN) said it had recovered no fewer than 693 containers of power equipment abandoned at ports due to tariff in the...
The Speaker of the House of Representatives, Yakubu Dogara, has decried the frequent increase in electricity tariff without significant improvement in power supply in the country....
Speaker of the House of Representatives, Hon. Yakubu Dogara, has stated that Nigeria must fix the power sector in order to alleviate poverty. Dogara also reiterated...
The Minister of Power, Works and Housing, Babatunde Fashola, said the problem facing the nation’s electricity sector has changed from unavailability of power for distribution to...
The nation has been plunged into total darkness as the power grid recorded a total collapse on Saturday morning, our correspondent has learnt. The system collapse...
The Buhari Media Organization (BMO) has described President Muhammadu Buhari as the “father of Nigeria’s modern democracy” for his declaration of June 12 as Nigeria’s Democracy...
The Buhari Media Organisation (BMO) insists that ex-president Olusegun Obasanjo has not answered President Muhammadu Buhari’s question on the $16 billion power expenditure from 1999-2007. On...
The Socio-Economic Rights and Accountability Project (SERAP) has welcomed President Muhammadu Buhari’s allegation against former president Olusegun Obasanjo that about $16 billion was misappropriated in the...
Former president Olusegun Obasanjo has replied President Muhammadu Buhari over his insinuation that his (Obasanjo’s) administration wasted $16 billion on the power sector. Buhari had while...
DESPITE the fact that the nation’s natural gas reserves rose by 4.067 trillion cubic feet (tcf) from 187.998tcf in 2014 to 192.065tcf in 2015, the power...
The Federal Government has approved a new framework geared towards expanding the 33KVA and 11KVA electricity transmission lines in the country. The framework will ensure distribution...
The Transmission Company of Nigeria (TCN) Sunday disclosed that Nigeria recorded new national peak with the transmission of 5,222.3 Mega Watts (MW) of electricity into the...
Mobil Producing Nigeria Limited (MPN), one of the largest oil producers in Nigeria and operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture, Thursday announced...
The Federal Government Thursday hinted at a planned major review of the privatization done in the power sector soon, stating that it was to engender greater...
Relief is on the way for Nigerian electricity consumers as the Federal Government has concluded plans to obtain a total of $5.2bn from the World Bank...
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...
A fresh round of workers’ sack is imminent in the power sector as efforts to mitigate crises in the nation’s electricity sector face difficulties. Minister of...
Despite persistent calls for the cancellation of the privatisation of the power sector, the Minister of Power, Works and Housing, Babatunde Fashola, has declared that the...
Nigeria will be drawing about €120m annually in the next six years, totaling €720million by 2022 as loan facility from the European Union in support of...
In what appears a major point of departure, Africa’s richest man and founder of the Dangote group, Mr. Aliko Dangote and the Nigeria Bureau of Public...
Barring last minute changes, Nigeria’s debt profile will rise further by November 2016, as it has concluded plans to obtain a N13.5bn loan-facility from France for...
The Central Bank of Nigeria, CBN, has threatened to sanction Deposit Money Banks, DMBs, frustrating its intervention in the power sector through the Nigeria Electricity Stabilisation...
The perennial crisis in the Nigerian energy sector was again brought to the fore with the latest revelation that generator manufacturers and distributors brought into the...
The Central Bankof Nigeria (CBN) has disbursed a total N55, 456, 161, 481 to the power sector in a bid to address the nation’s power problems....
The Federal Government has insisted that the on-going privatisation in the power sector is irreversible. Vice President, Yemi Osinbajo stated this on Thursday in Lagos on...
By Ugochukwu Ejinkeonye By Wednesday, April 1, 2015 when Nigeria’s Independent National Electoral Commission (INEC) announced General Muhammadu Buhari of the All Progressives Congress (APC)...
In from Enite Banjamin … The Senate on Friday seemed set to carry out a comprehensive probe into the nation’s power sector to establish reasons Nigerians...
In its quest for adequate energy mix to boost the drive for an efficient power sector, the Federal Government has announced its partnership with an indigenous...
President Goodluck Jonathan on Friday said he had lived up to his campaign pledge to Nigerians that he would make the power sector a priority for...
