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...
Delegates to the National Conference resumed plenary Monday voting in favour of a Presidential deceleration of a state of emergency in the power sector,...
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...
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 in the power industry, worried by the dwindling power situation in Nigeria, especially in Lagos, since the privatisation of the Power Holding Company...
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 Representatives is concerned over the manner with which the N300billion Power and Aviation Intervention Fund (PAIF) is fast dwindling, Speaker Aminu Tambuwal said...