Labour Faults Fed Govt’s N50bn Monthly Electricity Susbsidy         Organised Labour has tackled the Federal Government over claims of subsidising electricity supply across the country for over N50billion monthly. The administration of President Goodluck Jonathan privatised the electricity sector in November 2013 and handed it over to...

FG Mulls New Options To Deliver Prepaid Meters       The Federal Government has started considering new options in delivering prepaid meters to 60 per cent of consumers still being exploited through estimated billing in Nigeria. In its ‘Consultation Paper on the Review of Meter Asset Provider’ obtained...

NDPHC Seals Pact On Power Supply To Togo       The Niger Delta Power Holding Company on Monday said it had signed a Power Purchase Agreement to supply electricity to Togo, a neighbouring country in West Africa. According to NDPHC, a firm owned by the federal and state...

FG Subsidises Electricity By N50bn Monthly - Power Minister       The Federal Government has been subsidising electricity supply across the country to the tune of over N50bn monthly, the Minister of Power, Sale Mamman, has said. He said the subsidy spendings were because the government was worried...

$10bn Required to Bridge Power Distribution Gap - FG       The federal government has said about $10 billion would be required to bridge the electricity distribution infrastructure deficit gap in the country. Speaking at the weekend during a television interview, Special Adviser to President Muhammadu Buhari on...

Seven Banks Provide $260m Funding To AGPC To Generate 1.2GW Electricity       No fewer than seven banks have provided a cumulative $260 million funding to a gas processing firm, ANOH Gas Processing Company Limited (AGPC). The funding is to fund the completion of the AGPC Gas...