Lagos: 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 …
PowerSectorReform
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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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Investigative Report
EXCLUSIVE | Nigeria’s N501bn Power Bond Has Undisclosed ₦338bn Interest Bill Taxpayers Must Pay
And if the Federal Government draws the full N4 trillion programme, Nigerians will pay back nearly ₦6.7 trillion — more than the entire debt it was designed to clear TheDigger …
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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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By Constance Athekame, News Agency of Nigeria (NAN) The issue of estimated billing has been a challenge in the power sector, with many electricity consumers across the country complaining about …
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Abuja: President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following Senate confirmation of its members on December 16. According to …
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President Bola Tinubu has pledged unwavering support for the Presidential Power Initiative (PPI), assuring Siemens Energy of Nigeria of the country’s full commitment to transforming its electricity landscape. At a …
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Abuja: President Bola Tinubu has nominated Mr Abdullahi Garba Ramat as Chairman/Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). This is contained in a statement by Presidential Spokesperson, …
