Electricity Generation Rose To 4,300MW From 3,951MW — FG The Federal Government on Sunday announced that electricity generation increased from 3,951MW to 4,300MW between March 28 and April 10. The development was disclosed Read More
AfDB Approves $11.3m for Mini-grids in Nigeria, 13 African Countries The African Development Bank (AfDB) has greenlit a $11.3 million renewable energy fund to boost electricity access in Nigeria and 13 other African Read More
Tinubu proposes Grid Asset Management Company to fix power sectorPresident Bola Ahmed Tinubu has proposed the establishment of a Grid Asset Management Company (GAMCO) to address persistent challenges in Nigeria’s electricity traRead More
Nigeria Settles ₦501 Billion Power Debts As Tinubu Tackles Decade-Old Crises «It’s a game changer -NBET …Signing equals death warrant - GenCos Nigeria raised N501 billion in its first bond sale dedicated to clearing power sectorRead More
The Nigerian Independent System Operator (NISO) has successfully synchronised Nigeria’s national electricity grid with the West African Power Pool, linking the country to 14 others in a single regional network.This breakthrough Read More
Eko Disco Confirms Rekhiat Momoh As Managing Director Eko Electricity Distribution Company (Eko Disco) has officially appointed Mrs. Rekhiat Momoh as the new Managing Director and Chief Executive Officer.The appointmRead More
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
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
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
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