World Bank, AfDB Move To Invest $7.5bn In Nigeria’s Power Sector   The Minister of Power, Adebayo Adelabu, has said that the World Bank and the African Development Bank have concluded plans to invest $30bn in boosting electricity in Africa. Of this sum, Adelabu said Nigeria will...

FG Recovers N12.7bn Metering Funds from Local Supplier after 21 years – Adelabu The Minister of Power, Adebayo Adelabu, has revealed how his ministry recovered the sum of N12.7 billion from a local supplier 21 years after payment by the federal government. Adelabu made this disclosure...

Tinubu: After One Year, Where is the Light  By Lawal Dahiru Mamman The power sector has long been a critical concern in Nigeria. Prior to the 2023 general elections, President Bola Ahmed Tinubu promised, in his manifesto, to revamp this important sector of the economy. "Nigeria's growth...

FG Promises Speedy Completion of 378MW Imo Power Plant The Federal Government has promised accelerated completion of the 378.3 megawatts Egbema Power Plant in Imo State, saying it is currently 70 per cent completed. The Minister of Power, Adebayo Adelabu, gave the assurance at the weekend...

FG to Settle N130bn Debt to Gas Suppliers – Power Minister The Minister of Power, Adebayo Adelabu, has announced the readiness of the Federal government to payoff N130 billion to gas suppliers from over N2 trillion debt owed to them. Adelabu disclosed this at the ongoing...

Power Generation Rises to 4,800MW, Minister Discloses The Federal Government says Nigeria’s electricity generation has risen to 4,800 megawatts up from around 3500 in March. This is as the government accused some “cartels and cabals” as those who did not want the power sector to function...