Nigeria’s power sector continues to face significant financial strain as federal ministries, departments, and agencies (MDAs)…
Category: Prospects & Challenge
Power Minister: TCN needs about N2.8 Trillion to execute 149 projects
Nigeria’s Minister of Power, Chief Adebayo Adelabu, has revealed that the Transmission Company of Nigeria (TCN)…
FG Proposes N8 Billion Budget to Educate Nigerians on Electricity Bill
The Federal Ministry of Power has proposed a budget of N8 billion for 2025 to educate…
APRA Initiative Set to Boost Africa’s Renewable Energy Investment
Abu Dhabi, Kandeh Yumkella, Chairman Presidential Initiative on Climate Change, Renewable Energy and Food Security, Sierra…
Aba Power Maintains Lowest Tariff Despite NERC Hike
Aba Power has kept the lowest electricity tariff among Nigeria’s 12 electricity distribution companies despite the…
Nigeria’s Captive Power Generation Exceeds National Grid Capacity
Former Nigerian President Olusegun Obasanjo once described the N2 billion investment in captive power generation as…
Eskom’s Financial Turnaround Faces New Challenge
South Africa‘s Eskom Holdings has garnered praise from investors for its recent financial turnaround as it…
Nigeria’s December 2024 Oil Production Falls Short of OPEC Quota
Nigeria’s daily average oil production in December 2024 reached 1.667 million barrels per day (mbpd), marking…
Brent Crude Surge May Push Up Fuel Prices in Nigeria
Petrol prices in Nigeria may rise following a recent surge in Brent crude prices. On January…
Nigeria’s FG and Ministry of Power Accused of Withholding Metering Project Funds
Ziklagsis Network Ltd, a metering company, has filed a lawsuit against the Federal Government, the Ministry…