EU To Invest €37m In Nigeria’s Power Sector   The European Union (EU) is set to invest €37 million in the power sector in Nigeria, in addition to the about €200 million grants it has invested in the sector since 2008. This disclosure was made by the...

Nigerian Power Firms Need $2.5bn New Capital - FG Nigerian electricity companies are short of an estimated N2tn ($2.5bn) in capital and need new investors to revive the industry that can barely supply power to its 200 million residents. Power companies in Nigeria are over-leveraged and...

10 Benefits Of 2023 Electricity Act Bill Signed By President Tinubu   Below are 10 benefits of the assented 2023 Electricity Act 1. The passage means that anyone may construct, own, or operate an undertaking for generating electricity not exceeding one megawatt in aggregate at a site,...

Power Sector Reform Vital For Growth - FG The Minister of State for Power, Goddy Jedy-Agba, has rated the Rural and Electrification Agency high for having impactful projects across the six geopolitical zones of the federation. Jedy-Agba, who said this in a chat with journalists on...

Any Sabotage over Nigeria's Unending Grid Collapse, by Musa Musa Ilallah   It will indeed be not strange, or suprising, if Nigerians wake up one morning and hear that there is another nationwide power or grid collapse. What will however be strange or surprising to Nigerians...

Despite N1.52trn Bailout, National Grid Collapses 98 Times Under Buhari   Nigeria’s available power generation capacity fell by 981.8 megawatts between 2015 and August 2022 despite the over N1.51tn intervention in the sector by the Federal Government since the current administration came on board in 2015. This...