Labour to FG: Electricity privatisation failed, reverse it
"We demand, instead, the introduction of Public-Public-Partnerships which have proven to be effective in addressing challenges in the public sector globally"
PHED refutes fund diversion story, reiterates confidence in management
The Board and management of the Port Harcourt Electricity Distribution Company, PHED, has described as fallacious, insinuations by an online medium that about N4. 3 billion was misappropriated by some top shots in the company.
Electricity: 1.4m people benefits from REA’s solar connections
The Rural Electrification Agency, REA, Monday disclosed that over 1.4 million people benefited from its implementation of the 2023 capital projects through several solar energy programmes initiated by the Federal Government.
Over 100 transmission towers vandalised in Kaduna – TCN
The Transmission Company of Nigeria (TCN) has sought stakeholders’ concerted efforts to curb incessant vandalism and encroaching within the transmission Right of Way, saying in 2024 alone, over a hundred transmission towers were vandalised within communities in Kaduna State.
Electricity: FG reduces GenCos debt with N205bn payment
The Minister of Power, Chief Adebayo Adelabu yesterday disclosed that the Federal Government has paid N205 billion to electricity generation companies, GenCos, as part of efforts to reduce the N1.3 trillion debt owed to them.
10 countries in the world with highest electricity cost
Electricity accounts for 20% of the world’s total energy consumption, with global energy consumption set to grow by 1.8% in 2024, largely driven by strong demand in Asia, the Economic Intelligence reports.
