FG to pay nearly N2trn out of N4trn owed to GenCos before year end
Adebayo Adelabu, minister of power, says the federal government is set to…
Blackout looms nationwide as GenCos threaten shutdown over FG’s N4trn debt
The Power Generation Companies (GenCos) have threatened to shut down their operations…
Privatisation hasn’t yielded results, audit GenCos, DisCos infrastructure investment – MAN DG tells FG
Segun Ajayi-Kadir, director-general of the Manufacturers Association of Nigeria (MAN), says the…
Senate declares power sector privatisation a ‘total failure’, threatens policy reversal
The Senate on Thursday condemned the privatization of Nigeria’s power sector as…
N3.7trn debt threatening our operations, GenCos cry out
The Power Generation Companies (GenCos) have stated that over N3.7trn debt owed…
Customers in Togo, Benin, Niger owe $51.2m for electricity – NERC
NERC says international electricity consumers owe $51.26 million for electricity exported in…
Tinubu approves gradual payment of N3trn debt owed to GenCos, GasCos
President Bola Tinubu has approved the gradual payment of the N3.3 trillion debt owed…
Why we hiked electricity tariff – NERC
Musiliu Oseni, vice chairman of the Nigeria Electricity Regulatory Commission (NERC), says…
Outages: FG plans sanctions for non-performing Discos
Power distribution companies that are performing below stipulated standards in the Nigeria…
Tinubu signs Electricity Act amendment bill into law
President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into…