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Power sector

It Gets Worse: Power Sector Loses N2 Billion Daily As More Turbines Pack Up

Nigeria's power sector is reportedly losing about N2 billion daily owing to the  renewed spate of bombings by militants in the Niger Delta area. According...

BPE, NCP Ask Court To Refuse Request By Ethiope Energy To Stop Power Stations’ Privatisation

The Bureau for Public Enterprises (BPE) and the National Council on Privatisation (NCP) have asked a Federal High Court in Abuja to refuse an...

National Confab Delegates Propose State Of Emergency For Power Sector

Delegates to the National Conference resumed plenary Monday voting in favour of a Presidential deceleration of a state of emergency in the power sector,...

National Confab Delegates Call For Urgent Action To Save The Power Sector

The National Conference monday called on the federal government to declare a state of emergency in the power sector as part of strategies to...

FG Pools $2.6 Billion To Boost Power Transmission Network

ABUJA—Federal Government, yesterday, unveiled plans to pool $2.6 billion from various financial institutions across the globe to boost the nation’s electricity transmission network. The Minister...

Federal Gov’t To Invest $3 Billion In Power Transmission Expansion

The Chairman, Presidential Task Force on Power, Mr. Beks Dagogo-Jack, on Tuesday, June 3, 2014 said the Federal Government had sourced $3 billion to invest...

Experts Seek Solutions To Lingering Power Stability

Experts in the power industry, worried by the dwindling power situation in Nigeria, especially in Lagos, since the privatisation of the Power Holding Company...

Banks, Others Skeptical Over Investments In Power Sector

There are strong indications that banks and other financial institutions are worried over the possibility of not being able to recoup their investment in...

House Of Reps Probes N300 Billion Power And Aviation Fund

House of Representatives is concerned over the manner with which the N300billion Power and Aviation Intervention Fund (PAIF) is fast dwindling, Speaker Aminu Tambuwal said...

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