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CBN to inject $250 million into electricity sector

Power stakeholders are expecting improvement in electricity transmission and distribution as they embark on projects funded by a $250 million intervention of the Central...

Electricity consumers paid N258.91 billion for power supply within seven months- NBET

Electricity consumers in the country paid N258.91 billion for electricity in the first seven months of 2022, latest report from the Nigeria Bulk Electricity...

FG to use $550 million loan to electrify rural communities

As part of the moves to improve electricity in Nigeria, the Federal Government, has said $550 million loan borrowed from World Bank and African...

Poor Electricity: Buhari says Nigeria will explore nuclear energy

President Mohammadu Buhari has said Nigeria would explore nuclear energy to generate electricity. He also expressed unwavering commitment of his administration to energy mix through...

NASS probes Mambilla hydroelectric power project

The National Assembly, through its committee on power, has queried the Mambilla hydroelectric power project, describing it as a mirage that has continued to...

National grid has collapsed 98 times under Buhari’s govt

Nigeria’s available power generation capacity fell by 981.8 megawatts between 2015 and August 2022 despite the over N1.51tn intervention in the sector by the...

Otedola’s electricity generation company listed by NGX

The Nigerian Exchange Limited has listed  Geregu Power Plc, which is chaired by billionaire businessman, Femi Otedola, to the Main Board of The Exchange. Geregu...

TCN fixes national grid after collapse

The Transmission Company of Nigeria (TCN) has announced the fixing of the National Grid that collapsed yesterday. The statement to this effect reads: “The restoration...

Nigerians experience blackout as National Grid collapses again

The national grid has collapsed again throwing some parts of the country into total blackout. In a statement on Monday the spokesperson of the enugu...

We we shut down National Grid again of our demands are not met- NUEE

Electricity workers workers under the aegis of National Union of Electricity Employees (NUEE) have threatened to shut down the national grid if the federal...