BPE receives 25% of bid price for Afam Genco, Kaduna Disco

The Bureau of Public Enterprises (BPE) Tuesday disclosed that two of the preferred bidders for the 726-megawatt (MW) Afam Generation Company and Kaduna Distribution...

Edo Assembly passes $33.370 billion power sector special intervention fund bill

Edo State House of Assembly gave nod to the state government to make provision of the sum of $33.370.589.54million supplementary appropriation for the contribution...

Five South-East states record 2,700MW power supply shortfall

Five states in the South East zone of the country have recorded a shortfall of 2,700 megawatts of electricity as the nationwide epileptic power...

Eko, Kano Discos open new path, seek off-grid power

Two of the new private owners of electricity distribution companies (Discos) in Nigeria are set to open up a bid process for the supply...

‘Local banks invested N750bn in power privatisation’

 Local financiers at the Power Sector Investors’ Conference on Monday said they have committed a total of N750bn to the country’s power reforms as...

Power: FG partners CSOs on post privatisation campaign

The Minister of Power, Prof Chinedu Nebo, has challenged the Civil Society Organisations, CSOs, to embark on aggressive awareness campaign. This is with a...

FG canvasses foreign investments in power sector; Says sector requires $10 billion in 5...

The Federal government, yesterday, canvassed for massive foreign investments in the nation’s power sector, even as it said that the sector requires $10 billion...

NBET’s $800m capitalisation to ensure integrity in Nigeria’ Electricity Supply Industry

The Nigerian Bulk Electricity Trading Company (NBET) Plc has again assured that its $800 million (about N128 billion) cash capitalisation, which came in proceeds...

FG may alter timeline for privatisation of NIPPs

The Federal Government may be compelled to alter the time table for privatisation of the 10 National Integrated Power Plants (NIPPs) owing to delay...

Power sector – Drop in gas supply still a clog

Two months after the handover of power assets to the new owners, the various power plants needed to generate adequate electricity for use in...

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...