The Bureau of Public Enterprises (BPE) yesterday justified the decision to restructure the ownership of four electricity distribution companies, DisCos, saying the performance of the sacked owners was abysmal.

As Nigerians  continue to groan  nder the severe impact of the lingering fuel scarcity, amid raging controversy over huge subsidy costs, investigations revealed a combination of higher oil prices, skyrocketing logistics costs and corruption led to a gargantuan 989 per cent increase in the average monthly fuel subsidy cost in seven years.

There were indications yesterday that the lingering petrol shortage is fueled by inadequate supply more than any other factor, according to Vanguard’s investigation.

Energy crisis: ARDA seeks funding options for downstream sector

Grid: How rising attacks on towers threaten FG’s 10,000MW target

Commuters were, yesterday, stranded in Lagos, Abuja, Oyo and some other states, as the ongoing fuel crisis bites harder in the country.

THERE were indications, weekend, that the fuel shortage noticed in Lagos and its environs would worsen, as independent marketers said they have not been supplied for days.

Nigeria’s poor power generation continued over the weekend with 15 plants producing just 2,497.40 megawatts as outages across the country persisted.

FOLLOWING the myriad of challenges facing Nigeria’s power sector over the last decade, the Federal Government has launched the Power Sector Recovery Programme (PSRP) to address the inefficiencies in the system

We’ll compensate damaged environment, sanction defaulters – NUPRC