An industrial take-off is essential for Nigeria to achieve sustainable double-digit GDP growth. The power industry plays a key role in ensuring industrialisation across emerging economies....
Transnational Corporation of Nigeria (Transcorp) Plc disclosed plans to increase the combined available capacity of its power plants Trans Afam Power Limited (TAPL) and Transcorp Power...
Consumers of power across the country may begin to pay even more money for electricity usage, after plans by the Federal Government to conduct a review...
Experts have said that the Nigerian power sector would have since collapsed due to illiquidity, but for the timely financial interventions made by the Central Bank...
The President of the African Development Bank (AFDB), Akinwumi Adesina faulted the lack of reliable power supply in Nigeria as a hindrance to industrial growth in...
The Senate Committee on Local Content has said the $5.792 billion Mambila Hydro-Electric Power Project is set for take-off following the successful resolution of financial and...
Vice President Yemi Osinbajo on Monday said the Federal Government will end an estimated N360 billion annual subsidy payments in the electricity sector in 2022. This...
Nigerians, and by extension, their businesses, expend about N7 trillion annually on power generation, the Executive Director and Chief Operating Officer, Off-Grid Tech Solutions Ltd, Stephen...
The Nigerian National Petroleum Corporation (NNPC) has started engaging gas producers across the country in an effort to boost gas supply to power generation companies (Gencos)...
The federal government has said that there’s still a lot of financing gap in the country’s power sector, requiring an immediate funding of $30 to $40...