Tag
MINISTRY OF POWER
The federal government announced on Friday its plan to procure 3.5 million electricity meters by the end of the year to improve revenue for its cash-strapped power sector, where more than half of the customers are billed by estimates.
The Federal Government has announced plans to pay N130 billion to settle part of the N1.3 trillion gas supply debts in the Nigerian Electricity Supply Industry (NESI).
Credco and Vergnet a French Wind Turbine Company have proposed to build a 30 megawatts windfall and solar hybrid plant in the Lekki area of Lagos state.
The Federal Government plans to inject N198.27 billion on various capital projects in the power sector across Nigeria in 2021.
The Federal Government has started disbursing funds as compensation to those whose land and other property will be affected by the construction of the Mambilla Hydropower Power plant.
The Minister of Works and Housing, Babatunde Fashola, has described the statements credited to the Bureau of Public Procurement regarding inflated contracts in the ministries spearheaded by him as misleading.
The Bureau of Public Procurement (BPP) has disclosed that it saved N26.86 billion for the Federal Government in 2018, through a downward review of inflated contracts by the government ministries and agencies.