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ADEBAYO ADELABU
The federal government is set to take a major step towards improving the country’s electricity billing system with plans to purchase 10 million prepaid meters for distribution nationwide in 2025.
The Minister of Power, Adebayo Adelabu, has announced plans to expand the national grid by an additional 150MW before the end of the year.
Mr. Sule Abdulaziz, Managing Director of the Transmission Company of Nigeria (TCN) stated that the Federal Government has invested approximately N8.8 billion in repairing vandalised transmission towers across the country.
The Federal Government of Nigeria, through the Federal Ministry of Water Resources and Sanitation and the Ministry of Power, has signed a $500 million Memorandum of Understanding (MoU) with the World Bank for the implementation of the Sustainable Power and Irrigation for Nigeria (SPIN) project across 25 states.
The recent national grid collapse in the past week resulted in widespread power outages across Nigeria, significantly affecting Band A customers who previously enjoyed a minimum of 20 hours of electricity supply.
The Minister of Power, Adebayo Adelabu, has dismissed the notion that the recent improvement in electricity supply is due to the rainy season.
The Managing Director of the Transmission Company of Nigeria (TCN), Engr. Sule Abdulaziz has expressed optimism that the nation will attain a 24-hour stable power supply within the next five years.
The Minister of Power, Adebayo Adelabu, announced that the federal government has procured 1.8 million meters to address the issue of estimated billing nationwide.
The Minister of Power, Adebayo Adelabu, has said that more than 40% of Nigerians now enjoy over 20...
Nigeria’s power generation reached a three-year high of 5,313 MW on Monday, according to the Ministry of Power.
The Federal Government has stated that $800 million will soon be released for the construction of new substations and distribution networks under the Presidential Power Initiative.
The federal government has announced that it has settled N205 billion out of the N1.3 trillion owed to Generation Companies (Gencos) in a bid to improve liquidity in the power sector.