News as it breaks
The Nigerian Presidency has announced the commencement of processes to settle ₦2 trillion out of the ₦4 trillion legacy debts owed to electricity generation companies (GenCos) for power supplied to the national grid. This development was disclosed at a Nigerian Electricity Supply Industry (NESI) stakeholders’ meeting organised by the Nigerian…
Nigeria will require a sustained investment of $10 billion annually over the next two decades to achieve stable and reliable electricity, according to Minister of Power, Adebayo Adelabu. The minister made the declaration during the inauguration of a 2.5-megawatt solar hybrid power project at the Nigerian Defence Academy (NDA) in…
In a decisive move to rescue Nigeria’s embattled power sector, President Bola Tinubu is set to meet with the leadership of electricity generation companies (GenCos) to resolve a staggering N4 trillion debt threatening the nation’s power infrastructure. The planned high-level meeting follows an urgent dialogue between the Minister of Power,…
The Nigeria Labour Congress (NLC) has dismissed as false a recent claim by the Minister of Power, Mr. Adebayo Adelabu, that 150 million Nigerians now have adequate access to electricity with the country generating 5,500 megawatts (MW) of power. In a strongly worded statement issued by its President, Comrade Joe…
In a strong call to action, Vice President Senator Kashim Shettima has charged the newly inaugurated Board of Directors of the Nigerian Independent System Operator (NISO) Limited to uphold the highest standards of integrity and technical competence in driving reforms in Nigeria’s power sector. Speaking during the inauguration ceremony at…
February 1 is a date rich with historical significance, cultural observances, and notable events worldwide. From political milestones to groundbreaking achievements in science, sports, and the arts, this day has left an indelible mark on history. Notable Historical Events on February 1 The First Black U.S. Astronaut Takes Flight (1984)…
APC Group, Energy Advocates, Writes Tinubu Over Port Harcourt, Other Local Refineries ***Call for Probe Over Turn Around Maintenance Contracts Awarded by NNPCL The Energy Reforms Advocates, ERA and the APC Youth Vanguard for Change, APCYVC has urged President Bola Tinubu to investigate the persistent failures of the Nigerian National…
President Bola Tinubu has appreciated NIPCO for investing in Nigeria’s Compressed Natural Gas (CNG) sector. The President made the recognition during a meeting with the company’s executives at the State House in Abuja. Hr commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed…
The Federal Government has inaugurated the Power Sector Communications Team in a bid to enhance transparency and communication within the power sector. The inauguration ceremony, held at the Power House in Abuja, was presided over by the Minister of Power, Adebayo Adelabu, who emphasised the importance of effective communication in…
The Rivers State caucus in the House of Representatives has dissociated itself from one of its members, Mr. Dumnamene Deekor a member representing Khana/Gokana Federal Constituency of the State as its leader and spokesman, saying he was never authorized to speak on behalf of the caucus. In a statement signed…
