Tinubu Unveils ₦3.3tn Electricity Bailout to Revive Nigeria’s Power Sector President Bola Ahmed Tinubu has approved a sweeping ₦3.3 trillion power sector bailout aimed at clearing...
Nigeria Power Sector Crisis: DisCos Lose ₦2.3trn as Blackouts Intensify Nigeria’s electricity crisis has worsened significantly as Electricity Distribution Companies (DisCos) recorded a combined loss of...
Power sector to get over $2.4bn from Tinubu’s new foreign loan Nigeria’s power sector is set to receive a significant capital injection of more than $2.4bn from...
Adelabu unveils 10-year power sector rescue plan The Minister of Power, Chief Adebayo Adelabu, has unveiled a 10-year rescue plan aimed at reversing the decline in...
How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister Minister of Power, Adebayo Adelabu, has blamed previous Nigerian presidents and leaders for the lingering crisis...
USAID to invest N115bn in Nigeria’s power sector The United States Agency for International Development and the Federal Ministry of Power signed a memorandum of understanding...
We need $10bn annually for five years to revive power sector – Minister A total of $10 billion is needed yearly in the next 10 years...
Power sector will be grounded without tariff increase – Minister The Minister of Power, Adebayo Adelabu Monday warned that there would be total blackout in the country in...
Workers in the power sector have threatened to shutdown electricity supply in the country should Nigeria Labour Congress, NLC, declare a nationwide protest over the protracted...
Workers in the nation’s power sector, weekend, rubbished the agenda of Peoples Democratic Party, PDP, presidential candidate for the 2023 election, Atiku Abubakar, describing it as...