FG instructs NERC to allow consumers buy meters

The Federal Government has directed the Nigerian Electricity Regulatory Commission (NERC) to reinstate the regulation that allows power consumers to purchase meters from approved...

FG has paid N60bn of MDAs electricity debt – Fashola

The Minister of Power, Works and Housing, Babatunde Fashola yesterday stated that the federal government has paid over N60 billion out of the N70...

Fashola writes 36 states governors over Right of Way for power lines

The Minister of Power, Works and Housing, Babatunde Fashola, has said he had written to all the 36 states governors and the Federal Capital...

Buhari looks to split Fashola’s ministry, redeploy Kachikwu in rejig

President Muhammadu Buhari will at any time soon announce the much-anticipated rejig of his cabinet as it was gathered that eight new ministers are...

Discos to pay interest on N120bn debt – NBET

The Federal Government has declared that power distribution companies (Discos) are going to start paying interest on the debt they owe the electricity Market...

REA unveils funding guidelines for rural electrification projects

Power minister, Mr. Babatunde Fashola, has disclosed that rural electrification projects seeking for funding from the Rural Electrification Fund (REF) of the Rural Electrification...

FG finally signs N2trn contract for 3050mw Mambilla hydropower project

The Minister of Power, Works and Housing, Mr. Babatunde Fashola on behalf of the Federal Government, has signed the contract for the 3,050 megawatts (mw)...

FG may not invest in power distribution through Discos – Fashola

The Federal Government is undecided about routing electricity distribution investments through the power distributors operating in the country despite the fact that it owns...

DisCos’ revenue shortfalls hit N892.4b – ANED

The Chief Executive Officer (CEO) of the Association of Nigeria Electricity Distributors (ANED), Mr Azu Obiaya, has said that a build up of shortfalls...

FG still unable to find new buyer for Yola DisCo 2 years after

Two years after the core investors of the Yola Electricity Distribution Company (Yola DisCo), declared a force majeure owing to their inability to operate...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...