Tag: Nigeria power sector

FG moves to end blackouts with new gas-to-power committee

Business Damilola Bayonle -
FG Sets Up Gas-to-Power Committee in Abuja as Adebayo Adelabu Moves to End Electricity Blackouts Linked to Gas Shortages The...

Electricity Tariff Hike Looms as Rising Gas Prices Push Nigeria’s Power Sector to the Brink

Business Damilola Bayonle -
Nigeria’s power sector is once again on the brink of a major pricing shift, as operators intensify calls for...

FG, GenCos disagree over electricity debt figures as N6.3tn claims face fresh scrutiny

Business Damilola Bayonle -
A fresh dispute has emerged in Nigeria’s power sector as the Federal Government and electricity generation companies clash over...

FG reveals $100bn power sector investment gap as Nigeria pushes for stable electricity supply

Business Damilola Bayonle -
Nigeria’s ambition to achieve stable and uninterrupted electricity supply is facing a significant funding reality, as the Federal Government...

Power crisis deepens as GenCos lament delay in N501bn debt bond payments

Business Damilola Bayonle -
GenCos decry non-payment despite N501bn debt bond scheme Power generation companies in Nigeria have raised fresh concerns over liquidity constraints...

FG steps in to fix gas supply crisis as blackouts worsen and power generation slumps in Nigeria

Business Damilola Bayonle -
The Federal Government has intensified efforts to stabilise Nigeria’s electricity sector, as authorities move decisively to tackle the challenges...

Nigeria’s electricity crisis deepens as workers demand review of power sector privatisation

Business Damilola Bayonle -
Nigeria’s electricity sector is once again under scrutiny as labour unions and industry stakeholders intensify calls for a comprehensive...

Nigeria’s new Grid Asset Management Company plan targets 1,600MW power boost without building new plants

Business Damilola Bayonle -
Nigeria’s electricity sector has long struggled with the paradox of huge investments in power infrastructure but persistent shortages in...

Nigeria’s power supply falls to 32% in February as gas shortages hit generation capacity

Business Damilola Bayonle -
Nigeria’s electricity sector is facing renewed operational pressure as power generation dropped significantly in February, highlighting persistent structural challenges...

Reps demand daily updates on Alaoji power plant upgrade to accelerate Nigeria’s power supply

Business Damilola Bayonle -
Nigeria’s power sector oversight intensified on Wednesday as the House of Representatives directed the contractor handling the upgrade of...

NLC petitions FG over alleged N20bn TCN procurement scandal

Business Damilola Bayonle -
The Nigeria Labour Congress has formally petitioned the Federal Government over alleged financial irregularities involving proposed contracts within the...

FG moves to fix national grid as FEC approves new power transmission asset company

Business Damilola Bayonle -
Nigeria’s long-standing electricity transmission problems may soon receive a structural overhaul following the Federal Executive Council’s approval of a...