electricity

FG recovers $64m electricity debt from Int’l customers

The Federal Government on Monday, announced that it had recovered 64.6 million dollars electricity debt from its international customers. Minster of Power, Works and Housing,...
senate

Senate Summons Fashola, Probes $650m Fraud In Ministry Of Power

The Senate, yesterday, mandated its Committees on Power and Public Accounts to investigate the whereabouts of the $650 million balance of the Eurobond that...
tcn

TCN explains power outage in Lagos communities

The management of Transmission Company of Nigeria (TCN) on Wednesday, attributed the in adequate power supply in some communities in Lagos to upgrading of...

NNPC to create 1 million jobs, establish bio-fuel plant in Ondo

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65,000 million litres...
electricity

Germany To Pay Electricity Users Because It Generated Too Much Power

German power producers are poised to pay customers to use electricity this weekend.Wind generation is forecast to climb to a record on Sunday, creating...
HURIWA

How FG plans to increase power generation to 20,000 MW

The Federal Government said on Friday that its plan to generate 20, 000 megawatts of electricity over the next four years was on course.The...
discos

FG To Sell Discos To New Investors – Zainab Mohammed

The federal government has commenced negotiations with operators of the Electricity Distribution Companies (DisCos) with a view to ceding some of their shares to...
electricity

‘More than 50 million’ Nigerians have no electricity

More than 50 million people in Nigeria, out of a population of about 180 million, have no access to electricity, Vice-President Yemi Osinbajo has...
Ajaokuta

Nigerian government set to concession Ajaokuta Steel Company for second time

The Minister of Mines and Steel Development, Kayode Fayemi has said the Federal Government is set to concession the Ajaokuta Steel Company in Kogi...
fine

Are You Among Those To Pay N450,000 Fine To PHCN?

Electricity consumers who bypass their meters will be forced to pay up to N450,000 as fine, the Nigerian Electricity Regulatory Commission has declared.The Nigerian...