power sector

  1. Nigerian Concerns Ignored as FG Proposes Further Electricity Tariff Hikes

    Nigeria Nigerian Concerns Ignored as FG Proposes Further Electricity Tariff Hikes

    The Federal Government is considering further increases in electricity tariffs as part of a broader plan to phase out electricity subsidies nationwide. Minister of Power, Adebayo Adelabu, revealed this development during a briefing in Abuja. This announcement follows closely on the heels of...
  2. Impact Analysis: Nigeria's New Tariff Hike to Save Billions in Subsidy Costs"

    Nigeria Impact Analysis: Nigeria's New Tariff Hike to Save Billions in Subsidy Costs"

    The government has announced a substantial reduction in monthly electricity subsidy expenses. This decision comes in the wake of a recent tariff hike aimed at aligning electricity tariffs with the actual cost of power generation and distribution. According to official sources, the revision in...
  3. Lights Out: National Grid Failure Leaves Nigeria in Fourth Blackout of 2024

    Nigeria Lights Out: National Grid Failure Leaves Nigeria in Fourth Blackout of 2024

    Nigeria has once again plunged into darkness following the collapse of the national electricity grid managed from Osogbo, Osun State, at approximately 4:30 pm on Thursday. This marks the fourth collapse of the grid within the first three months of the year, exacerbating longstanding challenges...
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    Business 2018: AfDB shifts focus to power sector –

    Ebrima Faal, the Country Director, African Development Bank (AfDB), said that the bank would focus mostly on power sector in 2018. Faal said this during an interaction with newsmen at the newly-built Nigeria Country Department Office on Tuesday in Abuja. He said that the new office, … via...
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    Business Nigeria’s Power Generation Hits 7000 Megawatts

    Nigeria’s power generation as at September 2017 has increased up to 7001 megawatts with transmission up to 6,700 megawatts and distribution rising to 4,600 megawatts. The Minister of Power, Works and Housing, Babatunde Fashola speaking at the executive session of the National Council on Power...
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    Business Nigeria: 35 Electricity Turbines Shut Down During Buhari's 2 years Anniversary

    As President Muhammadu Buhari-led administration celebrate two years in office, about 2,514mw of electricity cannot be utilised due to 35 idle generation turbines across 15 Generation Companies (GenCos). The causes of the unutilised electricity were traced to non-availability of gas to power...
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    Metro Power Agenda: 5 Key Things Fashola Said About Nigeria's Situation Yesterday

    The Minister of Power, Works and Housing, Mr. Babatunde Fashola spoke on Nigeria’s power sector at the opening ceremony of the Power Nigeria Agenda 2016 held in Lagos yesterday. Here are 5 key points of the Minister’s speech: 1. Fashola faulted the recent statement by the Managing Director...
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    Politics LIST: Fashola's 10-Point Agenda to Boost Power Supply In Nigeria

    Minister of Works, Power and Housing, Mr. Babatunde Raji Fashola has unveiled a 10-point agenda aimed at reforming the nation’s power sector, DailySun reports. According to Fashola, the agenda include: public engagement, especially around electricity tariffs; collection, payment and debts...
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