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Powering Nigeria’s Energy Future

  Honourable guests and esteemed industry experts. 2. I am pleased to stand before you today at this important event focused on “Powering Nigeria’s Energy...

Tinubu approves payment of N3.3tn power sector debts-Adelabu

  Declare emergency in Power sector, Atikus,Obi tells FG President Bola Tinubu has approved the gradual payments of power sector debts estimated at over N3.3tn....

Nigeria must invest $10bn  yearly for 10years to revive power sector – Minister

    The Minister of Power, Mr Adebayo Adelabu, says the Federal Government requires 10 billion dollars annually in the next ten years to revive the nation’s...

Power: FG unfolds plan to increase Generation to 6000 megawats

Caption: Minister for Power,Adegoke Adelabu MINISTER of Power, Mr Adebayo Adelabu, says the Federal Government plans to increase power generation from 4000 Megawatts to...

Tinubu Assents to Electricity Act(Amendment) Bill

  President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law. The bill, which was passed by the House of Representatives on July 27,...

Power companies need N2trn capital investment to perform says Presidential aide

  Nigerian electricity companies are short of an estimated N2tn ($2.5bn) in capital and need new investors to revive the industry that can barely supply power to...

WorldStage Economic Summit 2023: Stakeholders identify bureacracy and bottlenecks responsible for power failure in Nigeria

  Unknown to many Nigerians, failure in regular electricity supply to households and businesses in the country is not only as a result of government negligence or...

Improve on your performance,Adelabu reads riot act to Discos,Gencos

  The Minister of Power, Adebayo Adelabu, has urged the Generating companies (GENCOs) and the Distribution companies (DISCOs), to improve on their performance in...