NBET seeks media collaboration for enhanced reportage of power sector. Nnaemeka Ewelukwa, Managing Director, Nigerian Bulk Electricity Trading (NBET), says collaboration with the media will...
By Olabode Sowunmi III The entire value chain of the power sector is privatised except the Transmission backbone (TCN) which remains in govt hands. However the...
The Senate has asked its Committee on Power to review the agreement signed in 2013 on the privatization of the power sector. Senate President, Ahmad Lawan,...
The financial support provided by the Central Bank of Nigeria (CBN) to Nigeria’s power sector is set to hit a total of N1.695 trillion, making it...
A total of N100.42bn loans advanced by the nation’s banks to power firms have been recorded as non-performing, the latest data from the National Bureau of...
The Vice President, Prof. Yemi Osinbajo have said the government is working on a plan to open of up Nigeria’s electricity market to new investors following...
Association of Nigerian Electricity Distributors (ANED), the umbrella body of Discos has blamed the Transmission Company of Nigeria (TCN) for all recorded of electricity power grid...
It will take not less than $100 billion, approximately N36 trillion, to enable stable power supply in Nigeria. This is according to the Electricity distribution companies...
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 Director...
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 Electricity...
