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Power sector

Liyel Imoke: Alleged $16B expenditure delayed power sector reforms

October 6, 2024 Verity News 0

A former minister of power, who later served as governor of Cross River State, Senator Liyel Imoke, on Thursday, in Lokoja, stated that alleged “expenditure” […]

Power sector to get $800 million boost as Nigerian government moves to invest

September 1, 2024 Blossom 0

The Federal Government has announced plans to invest $800 million in building substations and distribution networks under the Presidential Power Initiative (PPI). This is contained […]

Minister Adelabu faces dismissal calls as power sector issues persist

May 21, 2024 Blossom 0

Minister of Power, Adebayo Adelabu’s recent contradictions on the transfer of electricity regulatory oversight to the state has added to his collection of flops. The […]

Tinubu vows to remove obstacles across power sector value chain

August 4, 2023 Verity News 0

By Abdullahi Mohammed, Abuja Abuja  President Bola Ahmed Tinubu Friday declared that despite the nation’s current rate of energy supply, his administration is poised to […]

Again, Nigeria’s power generation drops, blackout in parts of Nigeria

April 24, 2023 Editor 0

Power generation to the national grid dipped below 4,000 megawatts over the weekend, leaving customers across the nation with a limited supply of electricity. Checks […]

FEC approves $1.9 billion for power sector

December 16, 2021 Verity News 0

Abdullahi Mohammed, AbujaThe Federal Executive Council (FEC) Wednesday approved $1.9 billion for the procurement of equipment for the power sector to boost power supply in […]

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Nigeria’s power sector not performing optimally – Gbajabiamila

December 14, 2021 Verity News 0

…says House ready for legislative intervention  The Speaker of the House of Representatives Rep. Femi Gbajabiamila has said that the Nigerian electric power sector is […]

FG okays N470B maintenance for power sector, N1.2 billion Nasarawa water project

September 9, 2021 Verity News 0

Abdullahi Mohammed, AbujaNigeria’s cabinet has approved N470.8 billion for the purchase of isolators, circuit breakers and other maintenance equipment for the nation’s power sector.   Minister […]

Nigerians groan as blackout worsens, national grid collapses on Sallah day

May 13, 2021 Editor 0

The Transmission Company of Nigeria (TCN) has confirmed the national grid experienced a total system collapse on Wednesday, resulting in blackout in some parts of […]

FEC approves N6 billion for power sector projects

May 5, 2021 Verity News 0

By Abdullahi Mohammed, AbujaThe Federal Executive Council (FEC)has approved N6 billion contracts for the power sector. Minister of Power, Sale Mamman, said this while briefing […]

NERC set to increase electricity tariff again

April 27, 2021 Editor 0

The Nigeria Electricity Regulatory Commission (NERC) has it would increase tariff on electricity as from July, 2021. This was disclosed in a notice posted on […]

Power supply worsens as plants suffer gas shortage, low megawatts erupts

April 26, 2021 Editor 0

Twelve power plants in Nigeria could not generate 1,609.9 megawatts of their total installed capacity on Sunday as a result of gas constraints. The total […]

Breaking: Former Power Minister, Wakil, sent to prison

March 8, 2021 Editor 0

A Federal Capital Territory High Court has ordered former Minister of State for power, Muhammad Wakil, is to remain in prison custody till March 31, […]

Power sector: FG approves N8.64bn counterpart fund for Siemens

July 30, 2020 Verity News Admin 0

The Federal government, yesterday, granted ‘anticipatory approval’ of 18.94 million Euros (N8.648,081,465.2) as counterpart fund for a revamp contract that will enable Munich-based Siemens overhaul […]

Power sector reforms requires legislative intervention – Gbajabiamila

July 8, 2020 Verity News 0

The Speaker of the House of Representatives Rep. Femi Gbajabiamila has emphasized that appropriate legislative intervention in the power sector is critical to national development.  […]

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