Five Years After Privatisation Blame Game Still Rocks Power Sector The nation’s power sector is still in crisis with operators trading blame, more than five years after privatisation. When the Federal Government handed over the nation’s electricity generation and distribution companies to private investors in November...

Power Sector Loses N44.3bn In February Despite Output Data from the Office of Vice President, Prof. Yemi Osinbajo, indicated that last month, Nigeria’s privatised power sector lost a total of N44.38 billion revenue due to constraints which included shortage of gas; grid unreliability and distribution...

Power Sector Lost N2.17bn, 73MW on Election Day - Report   Nigeria’s power sector lost N2.17 billion and 73 megawatts of electricity last Saturday when the country held the presidential and National Assembly elections, a report by the Office of the Vice President, Prof. Yemi Osinbajo,...

Power Sector Losses N487bn Revenue In 11months Data from the Office of Vice President, Prof. Yemi Osinabajo, indicated that between January 1 and November 30, 2018, Nigeria’s privatised power sector lost a total of N487bn revenues due to constraints which included shortage of gas; grid...

CBN’s Support To Power Sector Useless Without Reliable Data   Electricity generation companies (Gencos) operating in Nigeria’s electricity market have said that the market does not have a reliable data bank at the moment. This, according to them would greatly impair the value of various fiscal support...

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...