Debt: Power Distribution Firms Owe NBET N859bn
The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn.
As a result, the NBET has accumulated a total debt of N325.784bn, which is meant for the payment of power produced by...
Power Generation Increases By 1,304MW As NNPC Repairs Pipeline
Power generation has risen to 3,876.9 megawatts after the Nigerian National Petroleum Corporation fixed the gas pipeline that was ruptured on Friday, which supplies gas to most thermal electricity generating plants in the country.
Data obtained from...
NNPC Delivered 2,812MW Of Power Daily In One Year - Report
Volumes of gas supplied daily by the Nigerian National Petroleum Corporation (NNPC) to gas-based power generation plants in Nigeria between January 2017 and January 2018, was able to provide 2,812 megawatts (MW) of electricity...
India Boosts Nigeria’s Power Supply With $174m
The Indian High Commissioner to Nigeria Shri Reddy has said his country has offered about $174.96million to boost power supply in Nigeria.
Mr Reddy disclosed this yesterday when he spoke at a workshop organised by All Indian Universities Alumni,...
Electricity: FG To Invest N72bn To Boost Power Distribution
Minister of state, power, works and housing, Suleiman Hassan Zarma, has stated that the federal government is ready to dole out N72 billion to electric distribution companies in the country to boost power supply and increase...
FG’ll Start Scheme To Support Power Distributors – Fashola
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said the Federal Government will start supporting electricity distribution companies by the end of this year as part of efforts to achieve incremental power supply...
