Tag: power generation Nigeria

Nigeria electricity generation hits 4,300MW—but many still in darkness

Business Damilola Bayonle -
Nigeria Electricity Generation Hits 4,300MW, But Nigerians Still in Darkness Amid Adelabu’s Supply Claims Nigeria electricity generation has climbed above...

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...

Nigeria raises gas price for power plants, sparking fresh fears over electricity subsidy crisis

Business Damilola Bayonle -
Gas price increase for power generation deepens subsidy concerns in Nigeria Nigeria’s electricity market is facing renewed financial pressure following...

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...

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 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...

Power Sector Gets Major Boost

Damilola Bayonle -
The Federal Government of Nigeria has made significant strides in boosting the country's power generation capacity. It has added...