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FG’s Power Subsidy Hits N536bn in Q1 Despite Debt Pile

Despite mounting financial pressures and an outstanding ₦4.7tn debt to power generation companies (GenCos), the Federal Government of Nigeria spent a staggering ₦536.4bn on...

Oyo 2027: Adelabu Begins Grassroots Mobilisation

I’m here to formally declare my intention to contest the governorship of Oyo State in 2027. I have learned valuable lessons from my experiences...

Oyo APC Reps Back Adelabu’s 2027 Governorship Bid

Federal lawmakers representing Oyo State under the platform of the All Progressives Congress (APC) have unanimously endorsed Chief Adebayo Adelabu for the state’s governorship...

Oyo 2027: Adelabu Breaks Silence on 2027 Guber Bid

Amid growing political discourse ahead of the 2027 elections, Nigeria’s Minister of Power, Adebayo Adelabu, has firmly rejected allegations that President Bola Ahmed Tinubu...

Stakeholders Back Cost-Reflective Tariffs to Cut N200bn Power Subsidy

Stakeholders at the just-concluded 6th National Council on Power (NACOP) have adopted a cost-reflective tariff regime. The council’s communique, issued by the Federal Ministry...

Electricity Subsidy Hits N982bn Amid Soaring Sector Costs

Federal Government's electricity subsidy obligations to distribution companies (DisCos) have surged to N982.4bn as of May 2025, rising by N5.3bn from January’s figure. This...

N200b Monthly Electricity Subsidy not Sustainable – Minister

Power Minister Raises Alarm Over N200 Billion Monthly Electricity Subsidy, N4 Trillion Debt to GenCos The Minister of Power, Chief Adebayo Adelabu, has once again...

Power Crisis: Tinubu to Meet GenCos over N4trn Debt

The government is committed to resolving GenCos debt to stabilise the sector and prevent further crisis. The Minister of Power, Adebayo Adelabu, has announced that...

FG Sets December Deadline to Clear N2tn Debt Owed

In a significant move to rescue Nigeria's struggling power sector, the Federal Government has announced plans to offset N2 trillion of the N4 trillion...

Adelabu denounces Ikeja DisCo attack

Our democracy provides us with the tools and institutions necessary to resolve disputes without resorting to violence Adebayo Adelabu, the Minister of Power, has issued...

Nigeria’s Power Minister Slams Air Force Personnel for Attacking Ikeja DisCo

Nigeria's Minister of Power, Adebayo Adelabu, has strongly condemned the recent attack by Nigerian Air Force personnel on the Ikeja Electricity Distribution Company (IKEDC)...

Tariff Hike Boosts Power Generation- Power Minister

The minister attributed the surge in power generation to the revised tariff, claiming it has "pushed" performance within the sector. The revised tariff structure...

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