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Read more about the article FG, States Raise N100bn For Meter Procurement
Don't Miss / Economy & Business / Editor's Pick / Featured / Highlighted / News / Newsbeat / Politics

FG, States Raise N100bn For Meter Procurement

The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme.…

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August 28, 2024
Read more about the article Tariff Hike: FG Begs Workers As Electricity Union Insists On Strike
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat / Politics

Tariff Hike: FG Begs Workers As Electricity Union Insists On Strike

The Federal Government has appealed to members of the National Union of Electricity Employees not to down tools over the recent electricity tariff hike. This is as the union insisted…

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April 15, 2024
Read more about the article New Electricity Tarriff May Drop If Naira Rebounds Further – Adelabu
Don't Miss / Economy & Business / Editor's Pick / Highlighted / News / Newsbeat / Politics

New Electricity Tarriff May Drop If Naira Rebounds Further – Adelabu

The Minister of Power, Adebayo Adelabu, says the N225 Kilowatt-Hour being paid by electricity consumers on Band A will reduce if the exchange rate falls below N1,000 to a dollar.…

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April 12, 2024
Read more about the article Army Laments Poor Power As FG Begins Metering Barracks
Don't Miss / Economy & Business / Editor's Pick / Fashion & Trend / Military / News / Newsbeat

Army Laments Poor Power As FG Begins Metering Barracks

The Nigerian Army has expressed concern about the inadequate power supply in the Ikeja Military Cantonment, Lagos. This is as the Federal Government allocated N12.7bn for the mass metering project…

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March 18, 2024
Read more about the article Ibadan Disco Blames Gas Shortage, Vandalism For Poor Power Supply
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Ibadan Disco Blames Gas Shortage, Vandalism For Poor Power Supply

The Ibadan Electricity Distribution Company has explained that several factors contributed to the current power supply within its franchise, resulting in disruptions and inconveniences for residents and businesses. The factors,…

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March 10, 2024
Read more about the article FG Summons Abuja, Ibadan Distribution Companies Over Poor Power Supply
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FG Summons Abuja, Ibadan Distribution Companies Over Poor Power Supply

The Minister of Power, Chief Adebayo Adelabu, has summoned the chief executives of Abuja Electricity Distribution Company and Ibadan Electricity Distribution Company over the worsening power supply in their regions.…

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March 2, 2024
Read more about the article Adelabu Inaugurates Five Projects Under Presidential Power Initiative
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Adelabu Inaugurates Five Projects Under Presidential Power Initiative

The Minister of Power, Adebayo Adelabu, has inaugurated five projects, located in Okene, Kogi State, Amukpe, Delta State, Potiskum, Yobe State, Apo in Abuja, and Ihovbor, Edo State, under the…

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March 1, 2024
Read more about the article Power Minister Laments As Electricity Subsidy Rises To N3tn
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Power Minister Laments As Electricity Subsidy Rises To N3tn

The indebtedness of Nigeria’s power sector to electricity generating companies and gas producers has risen to about N3.3tn, the Federal Government declared on Wednesday. It also revealed that subsidy on…

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February 15, 2024
Read more about the article Blackout In Four Northern States As DisCo Loses Power Supply
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Blackout In Four Northern States As DisCo Loses Power Supply

Four northern states are currently experiencing power outages due loss of bulk power supply by the Kaduna Electricity Distribution Company. The affected states are Kaduna, Sokoto, Zamfara, and Kebbi. A…

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February 4, 2024