The federal government has revealed that the electricity companies in Nigeria are short of N2 trillion ($2.5 billion) in capital to revive the industry and provide a steady power supply nationwide. Olu Verheijen, an adviser to President Bola Tinubu on…
The Federal Government has announced that the liquidity in Nigeria’s power increased from N282 billion in 2015 to N900 billion currently, adding that its financial burden in the industry had been reduced by about N373 billion. It disclosed this through…
The African Development Bank (AfDB) has expressed deep concerns that Nigeria’s unending power sector crisis would keep the manufacturing sector under developed without chances to compete in the context of the African Continental Free Trade Area (AfCFTA). President of the…
As President Muhammadu Buhari prepares to exit power come May 29th next year, it has become increasingly glaring that Nigeria’s decade-old electricity crisis will persist despite his pledge to turn things around. Though estimates of power needs for Africa’s largest…
…Says NDPHC projects aid improvement in electricity supply Media practitioners in the country have been enjoined to be objective in reporting and present their subjects in a professional manner that it could proffer solutions to societal problems. An astute Media/Public…
The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy Ogaji, said on Thursday. This amounts to N420bn yearly. APGC is the umbrella body of Nigeria’s…
That Nigeria is in labour crisis cannot be justifiably disputed. The resonating vibes of recurrent industrial actions are one among other reflections, which particularly for the public sector have been on tolls of lamentable records. The direct and indirect expressions…
The profile of deficiencies in the workings of the power sector in Nigeria has pose insufficiency in the provisions of the sector. The deliverables of the sector have been of large deficits not only to commercial demands but also domestic…
The Nigerian Electricity Regulatory Commission has officially launched the power sector recovery programme website. The website was officially launched on Wednesday at a media workshop on power sector recovery plans held in Abuja. The Power Sector Recovery Programme (PSRP) is…
It is now disheartening that epilepsy of power has grown to a height of national disorder at a length that is distasteful. Running into months, black-outs have become a sour herb placed before Nigerians. While the hitherto existing conditions have…
