Browsing: Energy

In a landmark move, the Federal Government of Nigeria (FG) has officially handed over the $1.3 billion Zungeru Hydroelectric Power Plant to Penstock Limited, a private…

Adebayo Adelabu, minister of power, has said political will and funding are critical to solving the persistent challenges facing Nigeria’s electricity supply. Adelabu said this during…

Despite boasting million-naira electricity budgets, many government ministries, departments and agencies (MDAs) are among the top debtors of electricity distribution companies (DisCos), further crippling the already…

The European Union (EU) is set to invest €37 million in the Nigerian power sector. Bolaji Tunji, special adviser on strategic communication and media relations to…

Figures from US research firm Rystad Energy suggest that the world will need to invest $3.1 trillion into electricity grid infrastructure before 2030, if the world…

… as 48% electricity generated unpaid Nigeria’s power sector is facing a significant financial challenge, with a shortfall of N1.6 trillion in wholesale tariffs, according to…

The management of the Abuja Electricity Distribution Company (AEDC) has threatened to cut off the supply of power to the Presidential Villa (Aso Rock), the Ministry…

Bayo Adelabu, the minister of power, has acknowledged the persistent challenges facing Nigeria’s electricity supply, emphasising during a late-night interview on Channels TV on Monday that…

Nigerian labour Congress (NLC), and Trade Union Congress (TUC) are ramping up mobilization efforts for a nationwide protest planned for February 27 and 28, demanding the…

Amid the further weakness of the naira against the US dollar, concerns are mounting that the price disparity between petrol sold domestically and in neighbouring countries…