On that Tinubu's N10b Mini Solar Grid in the Presidential: Matters Arising By Dr Uche Diala I really did not want to write anything on the trending news of the Tinubu administration budgeting N10 billion in the approved 2025 budget for the “solarisation of the (presidential)...

Senate Begins Probe On N14.7bn PHCN Privatisation Fund In Secret Accounts     The Senate Committee on Public Accounts has begun investigation of N14.7bn proceeds of privatisation of the defunct Power Holding Company of Nigeria allegedly hidden in commercial banks by the Bureau of Public Enterprise. The committee...

Senate Begins Probe Of Missing PHCN N27bn Pension Funds     The Senate on Monday opened investigation into the alleged ‘missing’ N27bn meant for the payment of the pension of former staff of the defunct Power Holding Company of Nigeria. The probe by the Senate followed a petition...

FG Liability In Defunct PHCN Now N823bn, Says NELMCO     The Nigeria Electricity Liability Management Company on Thursday said it had helped the Federal Government to save N91bn out of a total liability of N914bn of the defunct Power Holding Company of Nigeria. This leaves the government...

Should the lull in power supply persist, the sector’s revenue loss will be about N809.8 billion by next January, the Executive Secretary, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has said. Besides, payment for electricity bills has fallen substantially as only 35 per cent...

The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has commended the new owners of Eko Electricity Distribution Plc (EKEDC) on the initiatives it has taken to improve the quantity, quality and reliability of power supply to its...