In a decisive move to bolster Nigeria’s power availability, the Nigerian Electricity Regulatory Commission (NERC) has…
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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.
Minister of Power Advocates Naira-denominated Payments for Domestic Gas Supply
On February 8, 2024, Nigeria’s Minister of Power, Adebayo Adelabu, engaged in a productive meeting with…
Minister Adelabu Urges Action on Power Sector Challenges
Chief Adebayo Adelabu, Minister of Power, expressed concerns about Nigeria’s power sector challenges, citing issues like…