FG To Spend N600bn On Electricity Subsidy In 2023   The federal government might have to pay N600bn as electricity subsidy in 2023. The Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC), Engr. Sanusi Garba made the disclosure at the ministerial retreat on the Integrated National Electricity...

TCN Begins Installation Of New 60MVA Birni Kebbi Transformer Transmission Company of Nigeria (TCN) has commenced the installation of a brand new 60MVA 132/33kV power transformer in Birni Kebbi. The company recently took steps to restore power at substation when it moved the transformer to Kebbi,...

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy   President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal...

Adebayo Adelabu: From Perennial Guber Candidate to Likely Budget Minister By Zeenat Sambo and Safina Abbati, After a long wait by Nigerians, the Senate last Thursday revealed President Bola Ahmed Tinubu’s 28 ministerial nominees, before the elapsing of the constitution-mandated 60 days expected of Mr. President...

A Deputy Governor of Central Bank of Nigeria (CBN), Chief Adebayo Adelabu has assured the benefiting public secondary schools in Nigeria that the N500 million intervention fund by the Bank is ready for the commencement of infrastructural development of these schools by the end...

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele said that the agricultural sector would not survive on high commercial interest rates from banks and called for recommendations on how to better harness its enormous opportunities to diversify the Nigerian economy for...