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Nigeria’s epileptic power supply may persist in 2022

Averaging 4,500 megawatts in the past eight years, Nigerians looking forward to improved electricity supply may continue to wait as inherent challenges may stall...

Those who own Discos got it through political favour, not merit- Buhari

President Muhammadu Buhari has disclosed that Nigerians are facing epileptic power supply because those who bought the various electricity distribution companies got them based...

Why DisCos take over equipment bought by customers-ANED

In the face of criticism being expressed by customers against electricity  Distribution Companies, Discos on the take over of properties bought by the former,...

Debt owed to banks by Discos rises to N819.97bn in August

The crisis rocking the power sector continue as the  debt owed to Nigerian banks by operators in the  sector rose by 11.85 per cent...

UBA takes over AEDC over inability of power firm to service loan

Following loan default, the United Bank for Africa Plc has taken over the majority stake in the Abuja Electricity Distribution Company. The take over  has...

Electricity: You should focus on renewable energy- Obasanjo tells FG

Former President Olusegun Obasanjo has called on the Federal Government to focus on developing renewable energy to bridge the gap of power supply in...

Amid poor power supply, FG increases prices of electricity meters

Amid poor electricity supply across the country, the Nigerian Electricity Regulatory Commission (NERC), yesterday announced an increase in the prices of electricity meters by...

FG to connect transmission line to three countries- TCN boss

The Federal Government announced on Friday that the transmission line being constructed under the West Africa Power Pool North Core Project would connect Nigeria...

Road leading to Mambilla Hydro Power Project site very bad- Gov laments

Governor Darius Dickson Ishaku of Taraba State has spoken on the bad state of the road leading to the site of the Mambilla Hydro...

FG reportedly planning to take disciplinary action against DisCos, GenCos over poor performance

There are indications that the Federal Government may, in the coming weeks, take punitive measure over the operating licences of some power distribution (DisCos)...