As of 2024, GenCos Are Owed over 3 Trillion Naira

The Association of Power Generating Companies (AGPC) has said that generation companies were owed over N3…

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…

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…

Adelabu Says Unpaid Debt, Low Gas Responsible for Poor Power Supply

The minister of power, Adebayo Adelabu, has blamed the epileptic power supply on the underutilisation of…

FG Permits DisCos to Purchase Electricity Directly from GenCos

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…

FG May Revoke Licenses of Underperforming Electricity Operators

The Minister of Power, Adebayo Adelabu, says the Federal Government will not renew licensing agreements for…

Nigeria Needs Investments for 195,400MW of Electricity–Mojec Boss

The Group Managing Director, Mojec International Limited, Chantelle Abdul, said that Nigeria needs investments in the…

NERC Licenses 17 Independent Network Operators

The Nigeria Electricity Regulatory Commission (NERC) said it had licensed 17 Independent Electricity Distribution Networks (IEDN)…

Nigeria: Non-buoyancy of DisCos Pose Serious Challenge in the Implementation of Bilateral Power Contracts

The non-buoyancy of many of the Distribution Companies (DisCos) and the perceived opacity of the project…

Nigeria: Senate Approves Electricity Bill to Boost Power Supply

Senate passes the Electricity Bill 2022. The bill was approved following the report released by the…