Power supply stagnates despite DisCos’ revenue soaring 450% in eight years
Revenue collected by Nigeria’s electricity Distribution Companies grew by about 450 per cent over eight years. It climbed from N218.16 billion in…
Power Supply
NDPHC vows stable power supply to boost business energy security
The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Jennifer Adighije, has reaffirmed the company’s commitment to…
Power generation rises to 4,300MW on improved gas supply — FG
The Federal Government has reported an improvement in electricity generation, rising from 3,951 megawatts on March 28 to 4,300MW as of April…
Tinubu approves ₦3.3trn power debt to restore stable electricity
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.…
Power outage at Jos airport shortened Tinubu’s visit — Presidency
The Presidency has explained that President Bola Tinubu’s engagement with Plateau elders and victims of the Rukuba attacks took place at a…
Power crisis deepens as FG pays only 4% of ₦1.928trn subsidy
The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling 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…
We’re ready to pay high tariff for stable power — FCT residents
Electricity consumers in the Federal Capital Territory say they are willing to pay high tariff for improved and sustainable power supply. According…