FG, World Bank collaborate on power sector reforms
The Federal Government has discussed power sector reforms with the World Bank, aimed at improving electricity access across the…
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Power Sector
FG, USAID sign ₦115bn MoU to improve power sector
The Federal Ministry of Power and the United States Agency for International Development (USAID) have entered into a ₦115 billion…
Elumelu advocates complete power sector deregulation, payment of…
The Chairman of Transnational Corporation (Transcorp Plc), Mr. Tony Elumelu, has called on the Federal Government to…
Power sector cashflow increases to N900bn – FG
The Federal Government declared on Thursday that the liquidity in Nigeria's power sector has increased from N282 billion in 2015…
Reps set to probe $1.25 billion intervention fund in power sector
The House of Representatives has resolved to probe all financial interventions by the federal government in the power sector in…
E-Cube initiative marks new-turn for Nigeria’s power sector – FG
The Federal Ministry of Power on Tuesday extolled the maiden E-Cube energy production initiative to mark a new turn in affordable…
CBN’s directive on power sector counterproductive – NUEE
The Nigeria Union of Electricity Employees (NUEE) says the Central Bank of Nigeria (CBN)’s directive authorising banks to…
Nigeria’s power sector loses N468.4bn revenue in seven months
Nigeria’s power sector lost about N468.4 billion between January and August 21 this year, the latest documents covering the…
Power sector shortfall hits N1.5t, DisCos gives reasons
Electricity Distribution Companies (DisCos) have said the power sector shortfall has hit N1.5trillion, resulting in different…
World Bank approves $750m loan for Nigeria’s power sector
The World Bank has approved $750 million International Development Association (IDA) credit for Nigeria’s Power Sector Recovery…