Govt’s Commitment To Renewable Energy Unshaken – Fashola   The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said the Federal Government is committed to diversifying the nation’s energy mix through renewable energy. The current component of the power grid consists of gas-fired power (85...

How FG’s N700bn Raised Power Generation In 18 Months – NBET The introduction of the N701.9 billion Payment Assurance Facility (PAF) to raise Generation Companies’ (GenCos) monthly revenue by 80 per cent has raised generation capacity to 7,009 megawatts (MW) in the past 18 months,...

Power Loses N381bn As Supply Stagnates At 3,761MW Nigeria’s Power Sector has struggled to sustain an average daily supply of 3,761mw within the first nine months of 2018, according to a performance trend data obtained from the office of the Vice President, Prof. Yemi Osinbajo. The...

Power Supply Remains Low At 3,838MW As Fashola, Discos Bicker   As the Minister of Power, Works and Housing, Mr. Babatunde Fashola, and the 11 electricity distribution companies (Discos) continue to trade blame over poor service delivery, the total volume of electricity available for distribution to...

Power Sector: Privatising Cuts Ministry Staff By 14,000   The 2013 privatisation of power sector cut staff numbers down from 15,000 to less than 1,000, says power, works and housing minister Babatunde Fashola. Fashola who said this when he inaugurated the Chairman of the Nigerian Electricity Regulatory...

FG’ll Start Scheme To Support Power Distributors – Fashola   The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said the Federal Government will start supporting electricity distribution companies by the end of this year as part of efforts to achieve incremental power supply...