Legacy Debt Weighs on Nigeria’s Power Sector Amid Government Allocation

Nigeria’s power sector continues to face significant financial strain as federal ministries, departments, and agencies (MDAs)…

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)…

Nigeria Urges Islamic Development Bank to Increase Energy Investment

Nigeria’s Minister of Finance, Wale Edun, has called for a greater focus on energy investments at…

Major Nigerian Firms opt for Self-Generated Electricity

Major corporations in Nigeria have increasingly shifted away from the country’s power distribution system due to…

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…

Power Minister Gives Reasons Why Nigeria’s Grid Collapses Will Persist in 2025

The Federal Government has warned that frequent national grid collapses will continue because of unresolved insecurity…

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…

Nigeria’s Power Generation Rose By 30% in 2024 – Adelabu

Minister of Power, Adebayo Adelabu, said on January 13 that Nigeria’s power generation increased by 30 per cent…

Rise and Fall of Nigeria’s Power Generation Capacity Between 2020 and 2024

From 2020 to 2024, Nigeria’s power generation capacity saw various changes. Despite having an installed capacity…

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…