Business

Federal workers demand N300,000 minimum wage, payment of

  • 6th July 2026

NIPOST boss faces prison threat over alleged disobedience

  • 6th July 2026

Manufacturers embrace local sourcing to cut high import

  • 6th July 2026

OPEC+ approves 188,000bpd oil output increase for August

  • 6th July 2026

Contact Info

Some Populer Post

PHOTOS: First Lady harvests vegetables from villa farm

Agribusiness featured

Tegbe’s appointment will reposition power sector, says OAU alumni

Opinion

NPO hails Tinubu’s directive to probe Meta, Alphabet, X

Policy and Regulations

Flood to affect 18m Nigerians, farmlands, healthcare centres –

News

Tag: Power sector

Opinion

Tegbe’s appointment will reposition power sector, says OAU alumni

The management and alumni of Obafemi Awolowo University, Ile-Ife, have expressed confidence that the appointment of Engr. Joseph Tegbe as Minister of Power will accelerate Nigeria’s quest for stable and efficient electricity supply. Vanguard reported that the university’s Public Relations Officer, Abiodun Olarewaju, in a statement, described Tegbe as an individual with impeccable character, proven […]

Electricity

Mini-grids can de-risk Nigeria’s power sector — REA boss

Mini-grids are no longer just household rural electrification projects, they now represent a highly viable commercial model for electricity delivery capable of de-risking Nigeria’s power sector and attracting massive private capital. This was revealed by the Managing Director of the Rural Electrification Agency, Dr Abba Aliyu during the inaugural Samuel Ibiyemi Memorial Lecture in Lagos […]

Electricity

Atiku slams Tinubu’s ₦4trn power sector bond plan

Former Vice President Atiku Abubakar has criticised the Federal Government’s plan to raise a N4 trillion bond to settle outstanding liabilities in the power sector, describing the move as a sign of “fiscal recklessness and brazen contempt for public accountability.” In a statement issued on Sunday through his Senior Special Assistant on Public Communication, Phrank […]

FG targets 6500 megawatts power generation in six months
Electricity

FG issues ₦501bn bond to tackle power sector liquidity crisis

The Federal Government’s N501.02 billion bond issuance has been described as a major milestone in Nigeria’s power sector reform agenda aimed at addressing longstanding liquidity challenges. Mr Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Mr Adebayo Adelabu, said this in a statement on Monday in Abuja. Tunji […]

Court dismisses MAN’s lawsuit against electricity tariff hike
Electricity

Stakeholders demand accountability in Nigeria power industry

Stakeholders in Nigeria’s electricity sector have renewed calls for coordinated reforms, stronger accountability and a structured transition to cleaner energy, as the Nigeria Electricity Supply Industry Week 2026 was officially unveiled in Abuja. The initiative, according to its organisers, is aimed at addressing longstanding challenges in the sector by fostering sustained collaboration among regulators, operators, […]

Court dismisses MAN’s lawsuit against electricity tariff hike
Electricity featured

FG issues ₦501bn bond to settle power sector debts

The Federal Government has moved to address Nigeria’s estimated N4 trillion power sector debt as five power generation companies signed settlement agreements under the Presidential Power Sector Debt Reduction Programme following the issuance of a N501 billion bond. The bond recorded 100 per cent subscription when it was issued in Lagos on Tuesday, drawing participation […]

FG bags $2.2bn Sun Africa deal to develop power sector
News

FG bags $2.2bn Sun Africa deal to develop power sector

  By Wilson Adekumola The Federal Ministry of Power has disclosed that Sun Africa LCC has promised $2.2 billion to develop Nigeria’s power sector. Minister of Power, Adebayo Adelabu disclosed this in a statement issued in Abuja on Sunday after a meeting with representatives of Sun Africa, led by its Chairman, Goran Rajsic. The statement […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in