FG Denies Nigeria's Exclusion from World Bank's Electricity Reforms
The Federal Government has reaffirmed its commitment to the World Bank and African Development Bank’s Mission 300 initiative, saying it was among the first countries to sign on earlier this year, despite not appearing on a...
Minister of Power has pledged to address N4tn electricity debt owed by GenCos, which saw the electricity distribution companies threatening a shutdown on Monday.
FG Rolls Out $23bn Programme to Revamp Nigeria's Power Sector
The Federal Government has launched a bold initiative to bridge Nigeria's electricity gap, unveiling an ambitious energy access program aimed at revolutionizing the country's energy sector.
It said the programme will require $23.2bn, out of which...
Nigeria to Invest $800m in Power Sector
The Federal Government says it plans to invest 800 million dollars in the construction of sub-stations and distribution networks as part of the Presidential Power Initiative (PPI).
This is contained in a statement issued by Mr Bolaji Tunji, the...