Egypt, advertised as an African model of stable electric power supply facing worsening cuts
Egyptians have become used to frequent power cuts in summer, when demand from air conditioning units can overwhelm the country’s…
Despite epileptic power supply in several parts of the country, DisCos monthly revenue rises by N5bn
The electricity distribution companies raised their monthly revenue from N95bn in January to N100bn in March 2024 despite low power…
Reverse power sector privatisation, NLC tells FG
The Nigeria Labour Congress has called for an immediate reversal of the privatisation of the power sector. NLC President, Mr.…
FG signs contract to raise power generation by 360MW
The Federal Government has signed the Engineering, Procurement and Construction contract for the Gurara II Dam project as part of…
Nigeria spent N1.5trn to subsidise petrol in 2019
The Federal Government has revealed that it spent about N1.5 trillion to subsidise Premium Motor Spirit (PMS) otherwise known as…
COVID’19: Darkness looms in Nigeria, as Gas shortage threatens thermal plants, effective power supply
The Power Generation Companies of Nigeria, GENCOs, have called on the Federal Government to wade into challenges of gas supply…
Brent oil dives over 7% to lowest since 2003
Oil prices slumped anew on Friday with Brent North Sea crude plumbing a 17-year low owing to massive oversupply as…
Nigeria’s Off-Grid Energy Plan Gets U.S.$200 Million AfDB Boost
Abuja — The Rural Electricity Agency (REA) yesterday officially launched its $200 million Nigeria Electrification Project (NEP) which it said…