Like clockwork, Nigerians enjoy an improved power supply every year between April and October. This discernible…
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Tony Elumelu Calls Out N2 Trillion Power Sector Debt, Demands Swift Government Action
At the 18th Annual General Meeting (AGM) of Transcorp Plc held in Abuja, the Chairman, Mr…
Nigeria Limits Electricity Export to Neighbors to Keep the Lights On at Home
In a decisive move to bolster Nigeria’s power availability, the Nigerian Electricity Regulatory Commission (NERC) has…
FG May Triple Electricity Prices Soon
Sources in the presidency have disclosed that the federal government is planning to almost triple electricity…
TCN Says March 28 Grid Collapse Was Fixed in 21 Minutes
On Sunday, March 31, 2024, the Transmission Company of Nigeria (TCN) reaffirmed its dedication to managing…
FG Threatens to Withdraw Licences of DisCos not Supplying Power
The Minister of Power, Adebayo Adelabu, yesterday, disclosed that the Federal Ministry of Power would withdraw…
Tony Elumelu Urges Swift Power Industry Overhaul to Spark Economic Revival
Nigerian billionaire Tony Elumelu, known for his significant influence in the nation’s business sector, particularly in…
FG Approves NBET Transition to Energy Trading Platform
The federal government has approved the transition process for the Nigerian Bulk Electricity Trading Plc (NBET)…
FG Pays Off $120m Debt to Gas Companies
The federal government has paid over $120 million to offset some of the debts owed to…
Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu
Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.