In an effort to improve service delivery and power supply across the country, the Federal Government and the Digital Bridge Institute, DBI, have begun a special capacity-building training of no fewer than 459 workers from the Federal Ministry of Power, […]
Month: October 2022
Lawmakers Tell Transmission Company To Give Nigerians Power Not ‘Excuses
Lawmakers have advised the Transmission Company of Nigeria to give the people constant power supply and stop making excuses. They gave the advice at the Investigative Hearing on Recurrent National Grid Collapse in the country, organised by the House of […]
Incessant Grid Collapse Shows Structural Issues In Power Sector – GenCos
Power generation companies in Nigeria’s power sector, Generation Companies (GenCos) have said that the incessant grid collapses and disruptions experienced in the country are a pointer to the infrastructure and other challenges in the power sector. The executive secretary, Association […]
Nigeria To Partner With Germany On Power
President Muhammadu Buhari says Nigeria remains dedicated to the partnership with Siemens and the German Government to improve electricity generation in the country. While receiving the officials of Siemens Energy AG at State House on Thursday, the President urged them […]
Power Company Records N39bn Revenue In Nine Months
Geregu Power Plc, the first and only power generating company to list on the Nigerian Exchange Limited, has displayed its adherence to post-listing obligations by filing its nine months results ended September 30, 2022. The results showed a revenue of […]
Grid Collapses 98 Times Under Buhari Amid N1.52tn Bailout
Nigeria’s available power generation capacity fell by 981.8 megawatts between 2015 and August 2022 despite the over N1.51tn intervention in the sector by the Federal Government since the current administration came on board in 2015. This came as the national […]
2023 Budget: Buhari Allocates N239 Billion To The Power Sector
The Buhari administration has allocated the sum of N239 billion to the power sector in the 2023 budget. According to the proposed appropriation bill, the power sector’s personnel cost is placed at N5,320,156,125. The overhead cost for the sector is placed at […]