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Power sector lost N268bn in six months – VP’s Office

The losses incurred in Nigeria’s power sector have been on a persistent rise as the Federal Government and electricity distribution companies continue to disagree...

Fashola lambasts power firms for sabotaging economy

The Minister of Power, Works and Housing, Babatunde Fashola, on Friday lambasted the Association of Electricity Distributors.He condemned its recent reaction to his directives...

Stakeholders seek expansion of captive power generation in Nigeria

Stakeholders in the Nigerian energy sector have called on the federal government, especially regulators of the sector, to create feasible scope that will enable...

Better power supply beckons as thermal stations connect to new gas...

The Nigerian National Petroleum Corporation (NNPC) Wednesday declared that all the existing gas-based power generation plants in Nigeria had been connected to permanent gas...

Rains, major challenge to power transmission, distribution – Fashola

The Minister of Power, Works and Housing, Babatunde Fashola, has warned that the raining season will pose a major challenge to the transmission and...

Yola Disco to distribute electricity in Niger Republic

The only power distribution company that is owned and currently being run by the Federal Government is planning to distribute electricity to customers in...

Fashola, power firms oppose bill to criminalise estimated billing

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, and the Nigerian Electricity Regulatory Commission on Tuesday opposed the move by the House...

NERC raises the alarm over 20 inactive PPAs, 18 GSAs in...

A status report of the Power Purchase Agreements (PPAs) and Gas Supply Agreements (GSAs) of electricity generation companies (Gencos) published by the Nigerian Electricity...

Power sector records N163.9bn loss in first 131days of 2018

A data of the power sector’s operations obtained from the Advisory Power Team in the Office of the Vice President, Prof. Yemi Osinbajo, has...

India commits $74m to renewable power projects in Nigeria

India has invested over $74 million to renewable energy projects in Nigeria this year, according to the Indian High Commissioner to Nigeria, Shri Nagabhushana...
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