Monday, June 18, 2018
Tags Posts tagged with "Power Sector"

Tag: Power Sector

Naira instability, others responsible for crisis in power sector — Expert

Instability of exchange rates, vandalism of gas pipelines and several other factors has been blamed for the stunted development in Nigeria’s power sector. Pioneer Managing...

Nigeria gets $486m W/Bank credit for power sector

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria...

Buhari promises improved power supply in 2018

The federal government has given an assurance to revive moribund power projects to boost power supply across the nation in 2018; President Muhammadu Buhari revealed...

Senate uncovers N16bn fraud in power ministry

The senate committee on power says it discovered duplication amounting to N16 billion in the budget of the ministry of power, works and housing. The...

Buhari seeks new investors for power sector

  President Muhammadu Buhari has informed participants at the 23rd Nigerian Economic Summit, NES, held in Abuja, of his intention to open up the power sector...

Banks groan under weight of finance to power sector

During the privatisation of the nation’s power sector in 2013, many banks provided the financing required by investors to acquire the successor generation and...

While Nigerians enjoy less power, FG is increasing supply to neighbours

With Nigeria’s power sector plagued by several issues, key of which is the inability to supply its citizens enough electricity, the country has announced...

Why FG wants $18bn Dangote refinery ready by 2019

  By Odunewu Segun The All Progressives Congress led federal government is desperate to retain power comes 2019, and it is relying heavily on the Dangote...

Fashola identifies Power as major contributor in getting Nigeria out of...

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola SAN, has stated that Power Sector will continue  to be a major contributor...

World Bank to assist FG develop Power sector

   The World Bank Group and the Federal Government of Nigeria on April 22, 2017, held a high level consultation meeting in Washington, DC, USA,...
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