...Seeks Support for ‘Green Bonds’ Projects There are strong indications that the federal government is considering granting further tax holiday to investors in the power sector in its bid to help stimulate investment in the sector. A top government source told THISDAY that the Minister of...

The year 2017 begins with the power sector carrying over its critical challenges of liquidity, low metering, and most of all, poor electricity supply. Daily Trust projects likely power sector outcomes in the fresh year. Tariff review: Electricity price may rise The year begins with an...

Nigeria is endowed with oil and natural resources but the country cannot be said to have ever had adequate supply of electricity in the history of its electricity generation. This might get worse, as the country’s population increases and economic development is calling for...

The President/CEO Dangote Group, Aliko Dangote has said the power sector privatisation was done wrongly and suggested it should be reversed. He said the problem in the power sector has persisted despite privatisation because the buyers lack understanding of the complexities of the sector. Dangote made...

The daily losses being recorded by operators in the power sector have reduced as electricity generation picks up gradually across the country. An analysis of the power industry statistics obtained by our correspondent in Abuja showed that the average daily loss of about N2bn recorded...

The Chief Executive Officer of Frontier Oil Limited, Mr. Dada Thomas, has warned that the nation’s power sector risks collapse, urging the Federal Government to act fast. He stressed the need to address the problem of gas production as 80 per cent of current and...