Buhari justifies borrowing to fund infrastructure
President Muhammadu Buhari Tuesday justified government borrowing to finance infrastructure, asserting that his government took loans in the interest of the country to solve the […]
Energy
Energy conference ‘ll enrich national discourse on sustainable electrification- NEF
The 2020 Nigeria Energy Forum (NEF- 2020) Virtual Mini-conference will strengthen and enrich national discourse on sustainable electrification and clean energy investments. Dr Daniel Adeuyi, […]
Power sector records improved all-time peak of 5,420.30MW – TCN
The Nigerian Power industry has achieved yet another improved all-time national peak of 5,420.30MW, which was effectively transmitted through the national grid at a frequency […]
Oil prices advance as China ramps up U.S. crude imports
Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown […]
NNPC pledges to boost gas delivery to domestic market
… As FG Inaugurates Gas Transportation Network Code to Boost Gas Penetration The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant […]
Siemens to train DISCOs, stakeholders over 25,000MW electricity contract
German multinational conglomerate company, Siemens, has concluded plans to train electricity Distribution Companies and other electricity stakeholders in the country. Siemens in a statement on […]
Senate calls for review of power purchase agreement with Azura Plant
The Senate on Wednesday, called for a review of the Share Purchase Agreement (SPA) between the Federal Government and Azura Power Plant, saying the agreement […]
Court restrains BPE, NERC others from selling Jos DisCos’ shares
Justice Taiwo Taiwo of the Federal High Court, Abuja has restrained the Bureau of Public Enterprises (BPE), the Nigerian Electricity Regulatory Commission (NERC) and five […]
Reps begin power sector gridlocks investigations
The House of Representatives on Wednesday began investigations into activities of the power sector with a view to repositioning the sector for better service delivery. […]
Lack of quality data major problem in power sector – Sen. Suswam
Chairman, Senate Committee on Power, Sen. Gabriel Suswam has said that lack of quality data was the basic and most fundamental problem in the power […]
DisCos: Electricity tariff hike’s modern-day slavery – NLC
The Nigeria Labour Congress (NLC) has described the planned electricity tariff hike as ‘modern slavery’, threading to mobilise workers to resist any attempts on hike […]
NASS puts on hold planned electricity tariffs hike
The leadership of the National Assembly on Monday convinced the Electricity Distribution Companies (DISCOs) to defer the planned hike in electricity tariff till the first […]
DisCos seek FG’s intervention on gas pricing for power generation
Electricity Distribution Companies (DisCos) have appealed to the Federal Government to intervene in gas pricing for power generation to ensure effective service delivery. Mr Sunday […]
Siemens supports Maritime Anti-Corruption Network in Nigeria
The Maritime Anti-Corruption Network (MACN)—a global business network of over 130 companies working together to tackle corruption in the maritime industry says it is expanding […]
Lack of coordination bane of efficient power sector – Senate
By Haruna Salami The Senate Committee on Power, after a three day investigative public hearing on the sector, has concluded that lack of coordination and […]
Senate President tasks committee on power to investigate 2003 privatisation deal
By Haruna Salami President of the Senate, Ahmad Lawan on Monday charged the Senate Committee on Power to investigate what happened to the agreement signed […]
NERC threatens to sanction 7 Discos
The Nigerian Electricity Regulatory Commission (NERC) has threatened to sanction seven electricity Distribution Companies (DisCos) for failing to comply with its order on capping estimated […]
Estimated billing system in power sector “remains a no, no” -Gbajabiamila
The Speaker of the House of Representatives, Femi Gbajabiamila says estimated billing system in the power sector “remains a no, no,” and whatever needs to be […]
8.10m MWh electricity generated in Q4 2019 – NERC
The Nigerian Electricity Regulatory Commission (NERC) has said that 8.101 million Megawatts-hour (MWh) of electricity was generated in the fourth quarter (Q4) of 2019.NERC made […]
UN puts Nigeria’s electricity access rate at 57%
No fewer than 110.7 million Nigerians out of a 195.8 million estimated population had access to electricity as of 2018, according to the latest global […]
BREAKING: Minister of Power sacks TCN MD, Abdulaziz takes over
The Minister of Power, Mr Mamman Sale, on Tuesday announced the sack of Mr Usman Mohammed, as the Managing Director of Transmission Company of Nigeria […]
Senate seeks suspension of planned electricity tariff hike
The Senate on Tuesday told the Federal Government to suspend the planned electricity tariff increase, expected to take effect in July, citing hardships caused by […]
No free electricity for Nigerians, says TCN
Transmission Company of Nigeria (TCN), has dismissed the claim that Federal Government was providing free electricity to Nigerians as government does not own all sections […]
COVID-19: FG boosts power sector with N200bn to improve supply – NNPC
Mr Mele Kyari, Group Managing Director of Nigerian National Petroleum Cooperation (NNPC), says the Federal Government has made payment of over N200 billion to the […]
Electricity: GenCos fail to generate 2,967.5MW due to gas shortage
Electricity Generation Companies (GenCos) comprising gas-fired and hydro stations said that they could not generate 2,967.5 megawatts of electricity on Tuesday due to unavailability of […]