The Federal government is calling for an ambitious $10 billion in private sector investment over the next five to ten years to address the nation’s chronic power supply problems. This appeal, made by the Minister of Power, Adebayo Adelabu, in…
The Speaker of the House of Representatives, Hon. Tajudeen Abbas has pledged the support of the National Assembly for the ongoing reform of the Nigerian power sector, and called for collaboration amongst all stakeholders to improve the reliability of the national…
The recent revelation by the Federal Ministry of Power that 63 transmission towers were vandalised between January and August is a stark reminder of the challenges facing Nigeria’s power sector. The ministry’s statement, laced with a sense of mortification, highlighted…
…Initiative to eliminate arbitrary, estimated electricity bills …Residents now have faster, easier access to subsidised meters …Ondo first state in Nigeria to operationalise power sector law In line with his promise to reform the power sector and ease the burden…
By Seun Ibiyemi The Federal Government says it plans to invest $800 million in the construction of substations and distribution networks as part of the Presidential Power Initiative (PPI). This is contained in a statement issued by the Special Adviser,…
Consumer debts and vandalism of power infrastructure have been identified as factors hindering the growth of the power sector, Minister of Power, Oloye Adebayo Adelabu has revealed. The Minister disclosed this yesterday when he received members of the Civil-Military Cooperation…
By Seun Ibiyemi Despite blackouts in some parts of the country, the electricity distribution companies in Nigeria generated revenue of N291.62bn in the first quarter of 2024. This was even as the nation lost 673 megawatts of power generation capacity…
The Minister of Power, Mr Adebayo Adelabu has inaugurated the Ministerial Power Sector Working Group to serve as a platform for supervisory, monitoring and oversight control of the power sector. Adelabu, while speaking at the inauguration in Abuja, said that…
The Minister of Power, Mr Adebayo Adelabu says the Federal Government requires $10 billion investment yearly, to revive the power sector for the next 10 years. Adelabu said this in Abuja on Monday, at a one day investigative hearing on…
The Minister of Power, Chief Adebayo Adelabu, on Friday said that the huge investment of the federal government in the power sector was being under utilized. Adelabu made this known during a tour of all federal government power installations in…
