The balance sheet of the Central Bank of Nigeria (CBN), has been dipped by six per cent, a report by Augusto& Co has revealed. The report further indicated that multiple interventions which included subsidies to the power sector from the…
The Minister of Power, Saleh Mamman, has revealed that the Federal Government remained committed to developing and improving the power sector in the country. Mamman disclosed this to journalists in Jalingo during the Eld-el-Kabir celebration. The minister emphasised that those…
The wobbling state of power is one of the pulling strings constituting debilitating forces compounding with several other disturbances to give weakening definitions to the profile of the Nigerian economy. The definitions of the state of the sector have been…
The cumulative revenue lost by the power sector in 2020 was N645.15 billion, while the total quantum of electricity constrained during the period was 44,068 megawatts, investigation has shown. Constrained power is the quantum of electricity that could not be…
