Adebayo Adelabu Archives

Nigeria’s imports reliance frustrating power sector development – Adelabu

The Minister of Power, Adebayo Adelabu, has stated that the nation’s reliance on imports for the equipment required for the overhaul of the power sector has been a significant setback. This disclosure was made by Adelabu when he recently visited Splendor Electric Nigeria Limited, a company producing electrical porcelain products in the Odogbolu area of […]

monwubukepdnlimited-com
25th July 2024
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137 Views

News

Nigerians spent ₦16tn on generators, fuel in 2023 – Power minister

The Federal Government has said Nigerians spent N16.5 trillion in 2023 on fuel, petrol, and generators for self-generation of power. This dwarfs the N1 trillion in income generated by the formal electricity sector in the same year. This was disclosed by the minister of Power, Adebayo Adelabu at the ongoing 2024 Nigeria Oil and Gas […]

monwubukepdnlimited-com
3rd July 2024
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210 Views

FG begins construction of 700km Lagos-Calabar highway

Oil and Gas

FG clears $120m gas debt as blackout persists

By Melvin Onwubuke The Federal Government has paid $120 million, from the $1.3 billion debt to gas companies, for supply to run gas-powered plants across the nation. This was disclosed by Ed Ubong, The Director, Decade of Gas Secretariat, during the ongoing 7th Nigeria International Energy Summit in Abuja on Thursday. Ubong expressed his delight, […]

bfatoyepdnlimited-com
1st March 2024
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130 Views

Business

FG to focus on metering, power distribution – Minister

The Federal Government’s short-term priority in the power sector is to prioritize metering, electricity distribution, and transmission to improve power supply nationwide, according to the Minister of Power, Chief Adebayo Adelabu. The Punch reported that according to a statement from the Ministry of Power on Tuesday, he made this revelation during the 3rd Roundtable on Enforcement of Technical Standards, Regulations, […]

bfatoyepdnlimited-com
29th November 2023
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162 Views

FG targets 6500 megawatts power generation in six months

Electricity

Nigeria to achieve 20,000 megawatts by 2026 – Minister

Kazeem Owoseni The Minister of Power, Bayo Adelabu, has revealed the plans by the Federal Government to generate 20,000 megawatts of electricity in Nigeria, by 2026 and 60,000MW by 2060. Adelabu who disclosed this during his visit to the National Control Centre of the Transmission Company of Nigeria in Osogbo, Osun capital […]

aadelekepdnlimited-com
23rd September 2023
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219 Views

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Tag: Adebayo Adelabu

Nigeria’s imports reliance frustrating power sector development – Adelabu

Nigerians spent ₦16tn on generators, fuel in 2023 – Power minister

FG clears $120m gas debt as blackout persists

FG to focus on metering, power distribution – Minister

Nigeria to achieve 20,000 megawatts by 2026 – Minister

Resident doctors suspend strike as FG reverses allowance.

Transcorp announces Q1 profit of ₦50.7bn despite revenue.

UBA’s gross earnings hit ₦3tr

UBA’s 2025 profit slumps 47% on ₦331bn loan.

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