FG Owing GenCos, DisCos N4trn, Power Minister Discloses
The Minister of Power, Adebayo Adelabu, has disclosed that the federal government is owing electricity generation companies (GenCos) and electricity distribution companies (DisCos) over N4 trillion in electricity subsidy.
The minister made the disclosure on Thursday in Abuja...
2025 Budget: FG to Allocate N1tn for Special Power Interventions
The Ministry of Power plans to allocate a significant portion of its N1.2tn 2025 budget towards financing a range of multilateral and bilateral loan projects to enhance electricity generation and distribution nationwide.
It allocated N810bn to...
FG Fails to Pay Electricity Subsidies on Band B to E - Discos
Electricity distribution companies in Nigeria have said that the Federal Government has not been fulfilling its promise to pay the cost of subsidising the electricity consumed by customers on Band B to...
Power Failure: Multiple Grids Needed in Regions, States to End Collapse - AdelabuÂ
The Minister of Power, Adebayo Adelabu, says there is a need to have power grids in different regions or states to put an end to incessant grid collapses.
The minister stated this on...
FG Unveils New Technology for Stable Power Supply
The Federal Government has unveiled an Advanced Supervisory Control and Data Acquisition system for managing the national power grid.
According to the government, this new technology promises to enhance the efficiency, reliability, and sustainability of the country’s power...
Power: National Super Grid Construction to Commence Soon - Adelabu
The Federal Government has disclosed plans to construct a super grid to end the incessant national power collapse.
The media aide to the Minister of Power, Bolaji Tunji, revealed this in a statement.
According to him, the...
