Power

By Adaobi Rhema Oguejiofor  The Federal Government has announced that the liquidity in Nigeria’s power sector increased from N282 billion in 2015 to N900 billion in 2023. This was disclosed through the Nigerian Electricity…
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First Independent Power Limited (FIPL), has signed a long-term contract with General Electric (GE) for the maintenance of its GT 13E2 Gas Turbine until 2031. This strategic partnership signifies a major milestone in FIPL’s mission to…
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President Bola Tinubu has assured Olaf Scholz, German Chancellor, that the power project deal with Siemens AG will take on urgency under his leadership. A statement released by Ajuri Ngelale, presidential spokesperson, said Tinubu…
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By Adaobi Rhema Oguejiofor The Federal Government through the Niger Delta Power Holding Company (NDPHC) has signed a Power Purchase Agreement (PPA) with utility companies in order to distribute a total of about 250 Mega Watt (MW)…
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By Adaobi Rhema Oguejiofor The Eko Electricity Distribution Company (EKEDC) has commended its employees for their outstanding efforts in making the organization a trailblazer in the power sector as it marks its 10th anniversary. …
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By Patience Chat Moses The Rural Electrification Agency (REA) has announced it has attracted over $2bn in investments in the renewable energy sector over the past decade. REA was set up by Section 88 of the Electric Power Sector…
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By Patience Chat Moses The Niger State Government has signed a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Corporation Limited (NNPCL) for the development of the Greenfield Hydroelectric power…
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By Ahmed Balarabe Sa'id Minister of Power Chief Adebayo Adelabu has described the passage of the Electricity Bill by President Bola Tinubu as a catalyst for the targeted 2030 universal access to electricity. The Minister said…
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By Adaobi Rhema Oguejiofor The Minister of Power, Adebayo Adelabu, has said that the recent surge in the price of natural gas has profoundly impacted the country’s capacity to generate enough power. Adelabu revealed this at the…
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By Adaobi Rhema Oguejiofor Stakeholders in the electricity sector are making demands for a cost-reflective tariff as the Federal Government continues to pump more money to defend the sector. This was revealed during the ongoing…
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