A financial expert is taking charge of Nigeria’s toughest ministry, facing a weak power grid and a country that urgently needs reliable electricity, TOYE FALEYE reports. Tegbe’s Professional Background Joseph …
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Energy
GenCos Welcome ₦501bn Bond, Boost Confidence in Power Sector Reforms
by Toye Faleyeby Toye FaleyeLagos: Power Generation Companies (GenCos) say the successful N501 billion bond issuance in January signals rising investor confidence in the Federal Government’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The …
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Abuja: President Bola Tinubu has approved a N3.3 trillion payment plan to clear long-standing power sector debts. The plan follows a final review of debts affecting Nigeria’s power sector over …
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Ibadan: The Oyo State Electricity Regulatory Commission has said that no fewer than 30 investors have expressed interest in partnering with the state in establishing its independent power project. The …
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Abuja: The Nigerian Electricity Regulatory Commission (NERC) reports that Distribution Companies (DisCos) installed 109,556 meters for customers in December 2025. The figure, contained in the Metering Factsheet for November and …
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Abuja: The Transmission Company of Nigeria (TCN), Enugu Region, has commissioned a new 75 Mega Volt Ampere (MVA), 132/33 Kilo Volt (KV) power transformer at its Mile 50 Abakaliki Transmission …
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Successful N501bn issuance marks a milestone in Nigeria’s electricity reforms, boosts liquidity, and signals investor confidence. Abuja: The Nigerian Bulk Electricity Trading (NBET) has announced the successful completion of the …
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Abuja: The Nigerian Electricity Regulatory Commission (NERC) says Electricity Distribution Companies (DisCos) installed 228,614 meters in the third quarter of 2025. The commission said this in its third-quarter report, posted …
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Abuja: The Nigerian Electricity Regulatory Commission says electricity distribution companies collected N570.25 billion in the third quarter of 2025, reflecting improved revenue performance across the power sector nationwide during the …
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Abuja: The Minister of Power, Mr. Adebayo Adelabu, has assured Nigerians that the Federal Government’s top priority in 2026 is to deliver reliable, accessible, and sustainable electricity nationwide. The assurance …
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