Western Firms Planning $5bn Investment In Power Sector       A consortium of Western investors has presented their plan to invest over $5bn in Nigeria’s power sector, the Federal Government has said. According to information obtained from the Office of the Minister of Power in Abuja on Sunday,...

Fed Govt Begins Restructuring Of Power Ministry     The Federal Government on Thursday commenced moves towards the restructuring of the Federal Ministry of Power. It said the initiative would ensure better service delivery and the execution of government’s vision for the power sector. To achieve this, the Minister...

  Siemens’ll Upgrade 105 Substations In Power Deal – FG   The power deal between Nigeria and Siemens AG, a renowned German firm, will lead to the upgrading of 105 power substations across the country, the Federal Government has said. Minister of Power, Sale Mamman, who said this...

FG Orders Power Projects Contractors Back To Sites     The Federal Government has ordered all contractors handling power projects across the country to return back to their various sites following the gradual relaxation of the COVID-19 lockdown. The Minister of Power, Sale Mamman, gave the order while...

New Electricity Tariffs Effective July - Power Minister     The Minister of Power, Sale Mamman, has insisted that the new increment on electricity tariff would take off in July. He stated this on Tuesday at the Investigative Public Hearing on Power Sector Recovery Plan and the impact...

Gas Shortage Stalls 23,081MW, Despite Gencos N200bn Fund   The dearth of gas stalled the generation of 23,081.5 megawatts of electricity in eight days despite the N200bn that was paid by the Federal Government recently to the power sector, particularly for settling gas debts. Investigations showed that...