power sector

Tinubu to meet GenCos over N4tn power sector debt

President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies as part of an emergency effort to address the N4tn debt threatening to cripple the country’s electricity supply chain. The move follows a high-level meeting on…

Power sector sees N700bn revenue boost

…As tariff reforms drive historic growth By Seun Ibiyemi  The Minister of Power, Mr Adebayo Adelabu, has revealed that Nigeria’s power sector recorded an additional N700 billion in revenue in 2024, marking a striking 70 per cent increase compared to…

Nigeria targets Egypt model on power sector

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has voiced apprehension regarding the possible dangers associated with the Naira-for-crude oil policy. The association cautioned that the policy could threaten Nigeria’s foreign exchange stability and deter Foreign Direct Investment…

Vandalism: Our power sector is a national emergency

The ongoing destruction of Nigeria’s power infrastructure is no longer just an inconvenience but a looming threat to national security and economic stability. Over the past month alone, more than 18 transmission towers were vandalized in various states including Rivers,…