A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Joe Ajaero, Deputy President of Nigeria Labour Congress, NLC, has said what happened in the power sector was not privatisation, but a balkanisation because it was skewed to benefit the government’s cronies.
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The Transmission Company of Nigeria (TCN) says the nation’s power industry has attained another all-time national peak of 5,459.50 Mega Watts (MW). This was announced by Mrs Ndidi Mbah, TCN’s General Manager (Public Affairs), in Abuja on Thursday. Mbah said the national peak was efficiently transmitted through the nation’s transmission grid at a frequency of
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The Federal Government has said that the administration of former President Goodluck Jonathan created the problem in the power sector by selling the power generating and distributing companies to incompetent investors. Information and culture minister Lai Mohammed stated this on Saturday in Lagos at a meeting with the Online Publishers Association of Nigeria. Mohammed, who
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By Chris Ochayi The Minister of Power, Engr. Sale Mamman said the ministry has secured a total of $6.150 billion to boost power supply in the country. Engr. Mamman noted that, under his leadership, he was reforming the sector’s infrastructure which cannot utilize its generation capacity of over 12,000MW, and incurred over N254 billion as
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Chairman, Senate Committee on Power, Sen. Gabriel Suswam has said that lack of quality data was the basic and most fundamental problem in the power sector. Suswam, in an interview with the News Agency of Nigeria (NAN) in Abuja on Thursday said that there was no data for planning to ensure adequate supply of electricity
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What would have been the final driving of the nail into the coffin of electricity consumers in Nigeria with the new and higher electricity regimes was on Monday stopped by the leadership of the National Assembly.
Read More The Minister of Power Engr. Sale Mamman has lamented that in spite efforts being made to reposition the power sector towards attaining effective service delivery, the sector was still bewildered with inefficiency and infrastructure deficiency.
Read More The World Bank has approved a 750 million dollars International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO) to improve electricity supply. The Bank, in a statement in Abuja on Wednesday, said that the target was to also achieve financial and fiscal sustainability and enhance accountability in Nigeria’s power sector. It explained
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President of the Senate, Sen. Ahmed Lawan Senate President Ahmad Lawan, on Monday said the National Assembly would ensure that Nigerians benefited maximally from the nation’s power sector for improved supply. Lawan said this when he declared open an investigative hearing on Federal Government interventions in the power sector organised by Senate Committee on Power.
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THE Senate has started probing about N1.8 trillion the Federal Government invested in the Power Sector through the Electricity Supply Industry, NESI, from 2013 to date.
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