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Tag:power sector

Power sector debt crisis: Minister lauds Tinubu’s intervention

Minister of Power, Chief Adebayo Adelabu, has commended President Bola Ahmed Tinubu for his decisive intervention in addressing the longstanding debt crisis affecting Nigeria's...

Nigeria endorses power sector road map, adopts National Integrated Electricity Policy

The Federal Government has formally ratified and adopted a road map for the Nigerian Electricity Supply Industry (NESI) by approving the National Integrated Electricity...

Power sector generated N700bn revenue increase in 2024 – Minister

Minister of Power, Mr. Adebayo Adelabu, on Thursday, April 17, 2025, said the sector generated additional N700 billion revenue in 2024, reflecting a 70...

Experts want review of privatisation of power sector

Some experts in the power sector have urged the Federal Government of Nigeria to as a matter of urgency review privatisation of the power...

Power sector: Govt prioritises metering, debt reduction, protection of most vulnerable Nigerians

 It has become necessary to clarify media reports suggesting an imminent 65 percent increase in electricity tariffs. This is a misrepresentation of what I actually...

Nigeria’s power sector: Challenges, reforms and future potential

Nigeria’s power sector is a key component of the nation’s economy. However, it is grappling with challenges as it navigates to 2025. From power shortages...

Expert warns of grim outlook in power sector

The Nigerian electricity sector is facing a grim outlook, says Mr. Chinedu Bosah, the National Coordinator of the Coalition for Affordable and Regular Electricity...

Nigeria needs $10bn PPP investment in power sector – Adelabu

The Federal Government says it needs $10 billion Public-Private-Partnership investment in the power sector, in the next five to 10 years, to achieve 24...

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NNPC reaffirms commitment to indigenous capacity and gas-led growth

The Group Managing Director of NNPC Ltd., Mr. Bayo Ojulari, has reaffirmed the company’s commitment to strengthening partnerships, building...
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Makoko demolition: Lagos Assembly, residents support proposed water city project

The Lagos State House of Assembly and the representative of affected waterfront communities have backed the state government’s proposed...

Dangote cuts petrol price by N25 per litre

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) (or petrol) by N25 per litre,...

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NNPC reaffirms commitment to indigenous capacity and gas-led growth

The Group Managing Director of NNPC Ltd., Mr. Bayo...

Makoko demolition: Lagos Assembly, residents support proposed water city project

The Lagos State House of Assembly and the representative...
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