The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has said the level of corruption in the power sector would make people cry. He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector,…
GISTSMATE MEDIA reports that the Federal Government has revealed plans to provide Nigerians with at least 20 hours of daily electricity by 2027. However, it has conditioned this target on sufficient investment in Nigeria’s oil and gas sector, which it has said is currently far below expectations. The Special Adviser to the President on Energy,…
The Transmission Company of Nigeria has announced a partial restoration of electricity supply to seven states located in the Northern region of the country, which had been significantly impacted by the vandalisation of the Shiroro-Kaduna transmission line, disrupting power distribution and causing widespread outages. The states include Lafia, Makurdi, Jos, Kaduna, Kano, Bauchi, and Gombe…
The Managing Director and CEO of the Transmission Company of Nigeria, Sule Abdulaziz, has disclosed that Nigeria supplies 24-hour electricity to neighbouring countries Togo and Benin, amid ongoing discussions in the country following a recent power grid collapse. “We supply Togo, Benin, and Niger. They get power from Nigeria on a 24-hour basis, and they…
The national electricity grid collapsed again on Tuesday, plunging millions of people into darkness. The latest incident comes barely 24 hours after electricity distribution companies across the country announced the grid collapsed around 6:48 p.m, resulting in the loss of power supply across their networks. “Dear valued customer, kindly be informed that there was a…
Electricity customers on Band A feeders may need to brace up for a possible tariff increase following the rise in the electricity tariff shortfall otherwise known as subsidy. The PUNCH reports that the electricity subsidy to be paid by the Federal Government rose to N181,63bn in September from N102.30bn in May. In April when the…
GISTSMATE MEDIA reports that the Nigeria’s power generation made history, rising to a three-year high of 5,313mw on Monday. This is contained in a statement issued by Mr Bolaji Tunji, Special Adviser on Strategic Communication and Media Relations to the Minister of Power, Mr Adebayo Adelabu. Adelabu, therefore urged Electricity Distribution Companies (DisCos) to take…
The Federal Government on Tuesday unveiled the zero draft of the National Integrated Electricity Policy and Strategic Implementation Plan. The policy aims to address the pressing challenges within the Nigerian Electricity Supply Industry and set the nation on a path toward a robust, sustainable, and inclusive power sector. Speaking at the presentation event on Wednesday…