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…
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…
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…
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…
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…
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…
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…
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,…