Minister of Power says 40% of Nigerians enjoying 20 hours of daily electricity supply
The Minister of Power, Adebayo Adelabu, has said that more than 40% of Nigerians now enjoy over 20 hours of ...
Tag: Adebayo Adelabu
Nigeria’s power generation rises to 5,313MW, the highest in 3years – Power Minister
Nigeria’s power generation reached a three-year high of 5,313 MW on Monday, according to the Ministry of Power.
FG to allocate $800 million for construction of new Substations, distribution networks across Nigeria
The Federal Government has stated that $800 million will soon be released for the construction of new substations and distribution ...
FG pays N205 billion from N1.3 trillion debt to GensCos – Adelabu
The federal government has announced that it has settled N205 billion out of the N1.3 trillion owed to Generation Companies ...
Concerns mount as NERC presses DisCos to buy power directly from Gencos
The Nigerian Electricity Regulatory Commission's (NERC) recent directive for Distribution Companies (DisCos) to transition away from the single-buyer model contract ...
Ogun State secures $500 million investments from Japan to boost power supply
Japan, through its international development agency, the Japanese International Cooperation Agency (JICA), has committed $500 million to enhance power supply ...
FG deducts N120 billion from April revenue as first tranche of Presidential Metering Initiative funding
The Federal Government has set aside N120 billion as the first tranche of the Presidential Metering Initiative (PMI).
Experts faults FG’s 6,000MW target for power supply in 2024, say “not a big deal”
The federal government has repeatedly stated its ambition to increase power generation in the national grid from approximately 4,500MW to ...
FG targets 100% import substitution to drive local manufacturing in the power sector
The Minister of Power, Aebayo Adelabu has stated the federal government is targeting 100% import substitution as a measure to ...
FG to purchase 3.5 million electricity meters in 2024
The federal government announced on Friday its plan to procure 3.5 million electricity meters by the end of the year ...
