Prioritise Welfare Of Nigerians, Invest in Power, Agriculture - Tinubu Tells Governors   President Bola Ahmed Tinubu on Thursday charged state governors to prioritise the welfare of Nigerians by investing more in their future, putting more money in rural electrification, agricultural mechanisation, poverty eradication and improved...

Electricity Subsidy Surges by 220%, Reaches Almost N2trn   The Federal Government’s electricity tariff subsidy jumped from N610bn in 2023 to N1.94tn in 2024. This represents a 219.67 per cent increase in yearly subsidy funding, despite the Band A tariff hike of April 2024. The Nigerian Electricity...

Diversity And Unity-Our Strength And Power, by Eric Teniola  By the way, a serving Minister was quoted as saying, that the crisis in the country is being sponsored by those who wish to share power with the President. To me, there is nothing wrong with...

After National Grid Collapse, Power Generation Crashes to 59MW Power generation on the national grid crashed to 59.9 megawatts around 12pm on Sunday as the country’s grid witnessed a nationwide collapse. Data obtained from the Federal Ministry of Power showed that electricity generation on the grid...

CSOs Kicks as Finance, Power Ministries Get N618bn Multilateral Loan   Civil society organisations and power consumer groups have expressed concern over the N618bn multilateral and bilateral loans allocated to the Ministries of Finance and Power in the 2024 budget. Although the budget captured it as project-tied...

CBN Loan To Manufacturer, Power Firms Soars To N5.6trn   The Central Bank of Nigeria (CBN) intervention in the power, manufacturing and aviation sectors have risen to N5.6tn in three years. The soft loans were advanced amid the continued and varied challenges facing the key sectors of...