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Power sector privatisation has failed, President Tinubu laments

President Bola Tinubu, on Monday, lamented that the privatisation of Nigeria’s power sector has failed to meet its objectives.According to the president, despite the...

News

Elumelu harps need to harness Africa’s youth population for its development

The founder of Tony Elumelu Foundation, Tony Elumelu has called on governments and the private sector in Africa to harness opportunities presented by its...

Business

FG Subsidized Electricity With N135.23 Billion In Q2 2023 – NERC

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday said that the Federal Government (FG) paid a total of N135.23 billion to subsidise electricity consumption...

Business

DisCos Record N267bn Revenue In 3 Months After Increasing Meter Distribution

The Nigerian Electricity Regulatory Commission (NERC) has said that distribution companies (DisCos) collected N267bn revenue in the second quarter of 2023.The amount represents collection...

Business

Nigeria targets 20,000 MW of electricity by 2026

The Minister of Power, Adebayo Adelabu, said on Friday the Federal Government was working towards generating 20,000 megawatts of electricity by 2026.The minister, who...

Business

Ghana Plans To Sell Electricity To Nigeria

Hanson Monney, the Head of the Generation and Transmission Unit at the Ministry of Energy in Ghana has said that the country will soon...

Business

TCN loses $4m transformers to fire outbreak in Kebbi – MD

The Transmission Company of Nigeria (TCN) has commenced work to restore power to Birnin Kebbi and Sokoto following a fire outbreak that gutted two...

News

NDPH moves to address bottlenecks in electricity distribution

The Niger Delta Power Holding Company (NDPHC) Limited, has moved to address the bottlenecks hindering the adequate distribution of electricity to consumers in the...

Politics

Electricity: Don’t rely on National Grid – NSE tells State Govts

The Nigerian Society of Engineers (NSE) have stressed the need for various State Governments of the Country to commence the process of supplying Electricity...

Business

Tinubu confirms MD/CEO of Electricity Liability Coy, appoints Executive Director

President Bola Tinubu has approved the appointment of Mrs. Mojoyinoluwa Dekalu-Thomas as the new Managing Director and Chief Executive Officer of the Nigeria Electricity...

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