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Power: FG Approves $750m for 1,200 mini-grids in Rural Communities

Power: FG Approves $750m for 1,200 mini-grids in Rural Communities The Federal Government has approved a $750m World Bank funding for the construction of 1,200 mini-grids in rural communities across Nigeria. The Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, disclosed this Tuesday...

FG Projects N1.5tn Savings from Tariff Hike

FG Projects N1.5tn Savings from Tariff Hike In light of the recent increase in electricity tariffs for Band A customers, the Federal Government has projected to save N1.5tn this year from the hike. It also stated that about 2.5 million meters would be installed this year...

FG’s N32bn Meter Fund Stuck in Private Account for 20 Years, Says Adelabu

FG's N32bn Meter Fund Stuck in Private Account for 20 Years, Says Adelabu The Minister of Power, Adebayo Adelabu, alleged that a private company held on to N32bn paid into it's account 2003 for the supply of three million prepaid meters in 2003. According to a...

FG to Revoke DisCos licences Over Blackout

FG to Revoke DisCos licences Over Blackout The Federal Government, on Wednesday, declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers across the country, leading to widespread blackouts in Nigeria. It stated that despite efforts...

FG to Revoke DisCos licences Over Blackout

FG to Revoke DisCos licences Over Blackout The Federal Government, on Wednesday, declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers across the country, leading to widespread blackouts in Nigeria. It stated that despite efforts...

Removal of Electricity Subsidy Imminent for Stable Power Supply – Adelabu

Removal of Electricity Subsidy Imminent for Stable Power Supply - Adelabu The Minister of Power, Adebayo Adelabu, has expressed concerns over the poor electricity supply situation in the country caused by a multitude of issues including outstanding subsidy debts. He said Nigeria should migrate to a...