FG Rules Out Electricity Tariff Hike, Promises 24-Hour Supply
By Oluwakemi Kindness The Federal Government has ruled out an increase in electricity tariffs, assuring Nigerians that its priority is to improve power supply and achieve round-the-clock electricity. Minister of Power, Joseph Tegbe, gave the assurance on Thursday in Ibadan, Oyo State, amid speculation about a possible tariff increase. He spoke during the groundbreaking ceremony […]
NEDC to Build ₦100bn Power Grid for North‑East Councils
By Mardiyyah Abubakar The North-East Development Commission has earmarked about ₦100 billion to build a 50-megawatt power grid for communities across the North-East. The project will serve some of the 102 local government areas in the region’s six states. The NEDC Managing Director and Chief Executive Officer, Mohammed Alkali, disclosed this while briefing media executives […]
Debt, Revenue Losses Deepen Nigeria’s Electricity Sector Crisis
By Oluwakemi Kindness Nigeria’s electricity sector continues to face deepening financial and operational challenges as rising debt, weak revenue collection and persistent liquidity shortages threaten efforts to improve power supply across the country. Industry concerns over the sector’s financial sustainability have intensified amid ongoing struggles by Distribution Companies (DisCos) to recover payments from consumers and […]