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FG spends over N50bn monthly on electricity — Minister

Power sector records all-time national peak of 5, 4590 Mega Watts — TCN

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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No plan to field Jonathan in 2023 — APC

Increased tariff: Goodluck Jonathan’s administration created problem in power sector- Lai Mohammed

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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Sale Mamman, Minister of Power

How we secured $6.1bn for power sector – Minister

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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World Bank approves $750m power sector recovery operation for Nigeria

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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