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Fed Govt Budgets N104bn To maintain, Purchase Generators In 2022

Fed Govt Budgets N104bn To maintain, Purchase Generators In 2022   Ministries, Departments and Agencies of the Federal Government will in 2022 spend an estimated N104bn on purchasing generators, fuelling and servicing them. The N104bn which will be spent on generators due to the country’s unstable power...

Nigeria Spends $14bn On Generators

Nigeria Spends $14bn On Generators   Nigerians spend about $14 billion on generators and fuel yearly to provide alternative power and further stimulate growth, the Director in charge of Nigeria, African Development Bank (AfDB), Ebrima Faal, has said. Speaking at a stakeholders’ forum in Abuja, Faal said...

Manufacturers Spent N246bn To Fuel Generators In Two Years — MAN

Manufacturers Spent N246bn To Fuel Generators In Two Years — MAN   Against the backdrop of the worsening public power supply, new data have emerged showing that manufacturers in Nigeria spent a total of N246bn generating their own electricity between 2016 and 2017. Further analysis of the...

Generators, Fuel To Gulp N168m In Power Ministry

Generators, Fuel To Gulp N168m In Power Ministry As the Federal Ministry of Power, Works and Housing strives to improve the country’s power supply, it is also making budgetary proposals for the purchase, maintenance and fuelling of generators at its headquarters and various agencies. An analysis...

Businesses Spend N5trn Annually on Generators

Businesses Spend N5trn Annually on Generators   Businesses in the country spend an estimated $14 billion (about N5 trillion) annually importing, fuelling and maintaining generators, the Executive Director, Rural Electrification Funds at the Rural Electrification Agency (REA), Mr Sanusi Ohiare has said. In his presentation on off...