Ex-power Minister ‘Mamman’ Granted N10b Bail A Federal High Court in Abuja has granted bail to a former Minister of Power, Saleh Mamman at N10billion. In a ruling on Friday, Justice James Omotosho ordered Mamman to produce two sureties in like sum. Justice Omotosho said each of...

FG Approves $2.5m, N498.2m For Four Power Projects     The federal government has approved a total sum of $2.54 million and N498.23 million for four power projects across the country. This is just as it also okay the interim report on greenhouse emission reduction for the nation. Minister...

FG Targets N7bn Annual Tax Revenue From Solar     The federal government has highlighted some of the secondary benefits of the N140 billion solar power programme that is aimed at providing electricity to 25 million Nigerians through off-grid connections to five million homes. The Minister of Power,...

Discos Deny Getting Subsidy From FG   Electricity distribution companies, under the aegis of Association of National Electricity Distributors (ANED), has said they had not received any subsidy from the Federal Government since the privatisation of the power sector. The Discos’s claim was a response to Power...

NBET Leaves Power Ministry, Reps Threaten Budget Shutout   The House of Representatives has warned that budgetary allocations will not be approved for the Nigerian Bulk Electricity Trading Company Plc in the 2021 budget if the agency does not return to the Ministry of Power. NBET was...

Electricity: FG Threatens Discos, Says Subsidy Can’t Continue   The Federal Government said on Wednesday that it would not continue to subsidise the power sector. It called on power distribution companies to improve on their financial and technical capacities to deliver or the government would intervene more...