The Minister of Power, Adebayo Adelabu, has assured Nigerians that the problems bedevilling the nation’s power sector will soon be a thing of the past. He also disclosed that the Federal Government had invested huge funds in the energy sector, but said it was a pity that most Nigerians were still battling with power challenges. Adelabu spoke during his tour …

Kaduna Electric is set to comply with the Nigerian Electricity Regulatory Commission’s (NERC) order, mandating it to refund overbilled customers. Kaduna Electric and other Distribution Companies in the country were sanctioned for noncompliance with NERC’s Capping Order, directing them to ensure unmetered customers are not billed beyond a certain threshold. According to NERC, capping is aimed at aligning the estimated …

The Senate has kicked against the plans by the Ministry of Power to increase electricity tariff. The Senate also rejected plans to remove subsidy from electricity given the present hardship in the country. The resolution of the Senate followed its consideration and approval of a motion moved by Senator Aminu Abbas (PDP, Adamawa Central) during plenary on the need to …

About 17 years after he left office, the Federal Government has commended the investment of former President Olusegun Obasanjo in the power sector. Obasanjo had been criticised by many who said there was nothing to show for his reported $16 billion investment in the power sector. In 2008, the House of Representatives described the $16 billion reportedly spent on power …

The 181-megawatt Geometric Power plant in the Osisioma Industrial Layout of Aba, Abia State will be commissioned on Monday, 26th February, according to a statement by the company’s management. The plant was originally scheduled for inauguaration on Saturday by President Bola Tinubu. The new date was chosen by The Presidency in Abuja due to what insider sources described as unexpected …

Abuja Electricity Distribution Company on Monday said it will disconnect electricity in the Presidential Villa and 86 Federal Government’s Ministry Department and Agencies over N47,195 billion outstanding debts as of December 2023. AEDC made this known on Monday in a report made available to Newsmen. Some of the affected MDAs are Chief of Defence Staff – Barracks and Military Formations …

The European Union (EU) is set to invest €37million in Nigeria’s power sector, the EU Ambassador to Nigeria, Samuela Isopi, has said, according to a statement by the power ministry on Friday. Isopi disclosed this during a visit to the Minister of Power, Adebayo Adelabu. The ministry said the proposed €37 million investment was different from grants of about €200 …

Minister of Power, Adebayo Adelabu, has said that Nigeria cannot continue to subsidise electricity, adding that the country needs to start implementing a cost-effective tariff model. This, he said, is because the country owes Generating Companies (GenCos) N1.3 trillion and gas companies $1.3billion. Adelabu stated this in a briefing in Abuja on Wednesday. The Minister said that only N450 billion was allocated …

Power distribution companies that are performing below stipulated standards in the Nigeria Electricity Supply Industry are going to lose 50 per cent of their operating expenditures, the Federal Government declared on Monday. It made the declaration through the Nigerian Electricity Regulatory Commission at the 1st NESI Stakeholders Meeting of 2024 in Lagos, stressing that the individual performances of the Discos …

The Governor of Oyo State, Seyi Makinde, has signed into law the Oyo State Electricity Regulatory Commission Bill. At the 20th anniversary celebration of the British American Tobacco Ibadan Plant, he had promised to sign the bill establishing the Oyo State Electricity Regulatory Commission into law. Today, the governor has fulfilled his pledge for the creation of the commission. This …