nigerian power sector

  1. Nigerians Frustrated as Federal Government Announces Removal of Electricity Subsidy

    Nigeria Nigerians Frustrated as Federal Government Announces Removal of Electricity Subsidy

    Minister of Power, Adebayo Adelabu, declared that Nigeria cannot sustain the ongoing subsidization of electricity due to a mounting debt of 1.3 trillion naira to generating companies (GenCos) and 1.3 billion dollars owed to gas companies. Addressing a press conference in Abuja on Wednesday...
  2. C

    Politics Muiltimillion dollar power deal: Senate not after Osibanjo, Fashola, others – Vanguard News

    https://www.vanguardngr.com/2020/07/muiltimillion-dollar-power-deal-senate-not-after-osibanjo-fashola-others/
  3. Nigeria Business News

    Business FG may increase electricity tariffs to improve power supply – Nairametrics

    Nigerians will start paying more on electricity supply as the Federal Government plans to boost power supply. The Minister of Power, Saleh Mamman, said the hike was inevitable due to the rising cost of electricity generation in Nigeria. According to Mamma, improvement in electricity supply...
  4. Nigeria Metro News

    Metro Darkness across Nigeria as national grid ‘collapses’ again – Premium Times Nigeria

    Nigeria appears to have been hit by system collapse to the national grid, according to reports from across the country. Several social media users reported seizures of electricity to their areas starting Friday night. ... Read more via Premium Times Nigeria – https://ift.tt/34Mm5HY Get More...
  5. Nigeria Political News

    Politics INVESTIGATION: Jonathan, Buhari spent N1.164 trillion on power in 8 years, yet Nigeria remains in darkness – Premium Times Nigeria

    The Nigerian government, between 1999 and 2010, reportedly spent over N4.7 trillion on power, but the country remained in darkness. Eight years later, Jonathan and Buhari administrations invested another N1.164 trillion into the sinkhole through capital releases, yet homes and factories in...
  6. curator

    Business How Nigeria’s power sector will shape out in 2018 –

    Significant policy decisions taken last year including N701billion payment assurance to Generation Companies (GenCos), declaration of eligible customer, enactment of the Power Sector Recovery Programme (PSRP) and increased transmission investments helped Nigeria achieve a peak on-grid capacity...
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