550MW Ondo IPP Supplies First Electricity To Grid In Q4, 2020 Following the federal government’s approval of its power purchase agreement (PPA) with the Nigeria Bulk Electricity Trading Plc (NBET), promoters of the 550 megawatts (MW) capacity Ondo gas-fired Independent Power Project (IPP), have said...

How Nigeria Squanders N11tr for electricity A new report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed how over N11 trillion meant to provide regular electricity supply was allegedly squandered under democratic governments in Nigeria. According to the report, “The total estimated financial loss...

President Muhammadu Buhari on Monday said his administration has set a target of delivering 10,000 megawatts of electricity generation in the next three years. The president, who stated this while addressing the National Economic Council retreat held at the State House, Abuja, said this year...