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Tag: Ministry of power

Private power supply costs N750/kWh, says Minister Adelabu
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‘Missing N128bn’ power funds occurred before my tenure – Adelabu

The Minister of Power, Adebayo Adelabu, has rejected claims that more than N128 billion went missing under his leadership, stating that the funds in question were allegedly lost before he assumed office. Adelabu made this clarification on Monday following a call by the Socio-Economic Rights and Accountability Project for an investigation into the Ministry of […]

Global giants Rockefeller, Bezos plan 10,000MW mini-grids in Nigeria
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Global giants Rockefeller, Bezos plan 10,000MW mini-grids in Nigeria

A global climate organization supported by the Rockefeller Foundation and the Bezos Earth Fund is piloting a solar mini-grid program in Nigeria to address the erratic power supplies hindering productivity in Africa’s most populous nation. The Global Energy Alliance for People and Planet plans to establish pilot mini-grids in each region covered by Nigeria’s 11 […]

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FG launches $500m power transmission infrastructure for Lagos-Ogun industrial corridor

The Federal Government has launched a $500m Japanese International Corporation Agency intervention project to boost power transmission infrastructure along the Lagos-Ogun industrial corridor. This was disclosed in a statement by the Special Adviser on Strategic Communication and Media Relations to Minister of Power, Bolaji Tunji, on Friday, according to The Punch. The Lagos-Ogun industrial corridor […]

Electricity

Power minister promises lower electricity tariff if naira appreciates

The Minister of Power, Adebayo Adelabu, says there would likely be a reduction in the electricity tariff for category A consumers if the exchange rate falls below N1,000 to a dollar. This was disclosed by Adedibu during a live appearance on Channels TV on Thursday. Nigeria’s Electricity Regulatory Commission   recently increased electricity tariff by 231 […]

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