IBEDC rehabilitates facility, reiterates commitment to regular power supply

The Ibadan Electricity Distribution Company (IBEDC) has reiterated its commitment to regular supply of electricity to all its customers. The company, which serves seven states...

Power supply to stabilise by October – FG

The federal government declared yesterday that with some measures already put in place, power supply would become more stable in the country by the...

FG, Brazil to build N144b power plant in Bayelsa

The Federal Government and Benco Energy Limited of Brazil yesterday signed a N144 billion Memorandum of Understanding, MoU, to construct a 700 megawatts power...

Jonathan confirms payment of N25bn GENCOs’ gas debts to boost electricity supply

President Goodluck Jonathan, yesterday, said the Federal Government has paid off power generation companies,’ GENCOs, N25 billion debts owed gas companies for gas supplies...

Release of power equipment from port to boost power supply

A Logistics expert and consultant to Ministry of power Mr. Emmanuel Nweke has said that the recently released 248 containers of power equipment will...

Abuja Disco spends N200M on 140 electricity transformers; consumers owe N1.2bn debt in Nasarawa

The management of Abuja Electricity Distribution Company (AEDC) has disclosed that it spent over N200m to procure and install 140 transformers recently to replace...

FG approves N4bn power projects for Anambra communities

The Federal Executive Council on Wednesday approved the disbursement of the sum of N4bn to provide transmission infrastructure for increased power supply in parts...

‘Nigeria is highest generator importer in Africa’ – BEDC Chairman

Nigeria has topped the list of generator-importing countries for the fourth year in a row, having surpassed others since 2002, Chairman, Benin Electricity Distribution...

Dickson set to launch ‘Operation light up Bayelsa’

Determined to industrialise and diversify the economy of Bayelsa State, the state government says it plans to launch what it called, ‘Operation Light Up...

FG borrows N300bn for electricity transmission

The federal government has borrowed a total of $1.9bn (N300 billion), as part of electricity transmission expansion capacity, Daily Trust has learnt. The funding came...

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