FG constitutes committee to settle GenCos’ outstanding debts The Federal Government has constituted a committee to address the payment of outstanding debts owed to Power Generation Companies (GenCos).ThRead More
Power & Energy Projects in Nigeria
FG, GenCos seal agreement on N4 trillion power sector debt paymentThe Federal Government has concluded implementation frameworks for a N4 trillion government-backed bond aimed at settling verified arrears owed to power GenerationRead More
Olugbemi. Adeyinka Ogunleye
People Don't know that Nigeria has a huge problem that requires tangible sacrifice to solve. What the "ordinary Nigerian" wants is "food for the masses". Problem is if we don't commit to this reforms and pay off our waste and debt, we go to a worse situation. That FG is committing to solving the legacy debts in the Power sector, new investments will surely come in...
FG unveils plan to build 4GW solar factories, tackle power deficitThe Minister of Power, Adebayo Adelabu, on Tuesday said the Federal Government was targeting the development of nearly four gigawatts of solar panel manufacturingRead More
Nigeria seeks $2bn China loan for new ‘super grid’ — AdelabuNigeria is in discussion with China’s Export-Import Bank for a $2 billion loan to finance a new “super grid” to ease the country’s power shortages.According to BloomberRead More
Tinubu approves N4tn bond to clear GenCos debts – Power minister President Bola Tinubu has approved a N4tn bond to clear verified debts owed to power generation companies and gas suppliers as part of efforts to stabilise NigRead More
FG to revoke licences of underperforming DisCos in 2028 The Minister of Power, Chief Adebayo Adelabu, has said the Federal Government will not renew the licences of electricity distribution companies (DisCos) that fail to Read More
FG Builds 8.54MW Solar Hybrid Power Plant In FUTOThe Federal Government of Nigeria has built a massive 8.54MWp Solar Hybrid Power plant at FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI (FUTO).Credit: Nairaland
The national grid on Wednesday, September 10, 2025, has collapsed. The megawatt (MW) generated dropped from 2,917.83 (MW) to 1.5 (MW) between 11 am and 12 pm on Wednesday.Shortly after the collapRead More
NASS To Scrap Band A,B,C,D Electricity Tariff Categories Following public outcry, mostly from the members of the Organised Private Sector (OPS), Civil Society Groups, and Nigerians at large, there are strong Read More
FG Begins Phase 2 Of 12,000MW Siemens Power ProjectThe Federal Government has commenced Phase Two of the Siemens power project, a flagship initiative under the Presidential Power Initiative, designed to overhaul Nigeria’s electrRead More
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Electricity, Renewable Energy and Private Power projects and investments.
Electricity, Renewable Energy and Private Power projects and investments.
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