Tinubu Unveils N4tn Power Sector Rescue Plan, Targets Improved Electricity Supply ‎ ‎President Bola Ahmed Tinubu has unveiled a fresh N4 trillion intervention plan aimed at revitalising Nigeria’s struggling electricity sector, describing reliable power supply as a critical component of his administration’s economic transformation agenda. ‎ ‎Speaking during...

‎Power Minister Tegbe Unveils Five Priorities to Achieve Stable Electricity Supply ‎ ‎Nigeria’s Minister of Power, Joseph Olusunkanmi Tegbe, has outlined five key priorities aimed at stabilising electricity supply and repositioning the nation’s power sector for sustainable growth. ‎ ‎According to the minister, the priorities are designed to...

President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.

FG, Gencos Bicker Over Electricity Debt Reconciliation The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts of the actual liabilities owed to the GenCos. The Minister of Power, Adebayo Adelabu, said...

Power Sector Reforms Yield $2bn Investment, Slash Liabilities The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain. According to the government,...

Nigeria Loses N40trn Yearly to Blackouts - Report Nigeria loses about N40tn annually to poor electricity supply, the Nigerian Independent System Operator, an agency of the Federal Government, has said, warning that unreliable power remains one of the biggest constraints to economic growth, industrial productivity,...