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...

Direct Interventions In Power Sector Now N7trn – FG The Federal Government, on Tuesday, said it had spent about N7tn as direct interventions in the power sector despite privatising the electricity generation and distribution arms of the industry since November 2013. It revealed this at a...

Manufacturers Spent N119bn To Generate Power In Nine Years   Expenditure by manufacturers on alternative energy sources (excluding power from distribution companies) jumped by 82 per cent, from N25bn in 2014 to N144bn in 2022. This is according to data collated from the annual and bi-annual reports...