Nigeria’s Power Minister, Adebayo Adelabu, has disclosed that the severe power outages across northern states are due to attacks and threats from bandits and terrorists targeting the ministry’s infrastructure, causing widespread disruption to the electricity supply. The Minister clarified that these outages were not due to a grid collapse but resulted from external disturbances. On […]Read More
The Nigeria Labour Congress (NLC) has condemned the International Monetary Fund (IMF) for denying any role in the Nigerian government’s recent decision to remove the petrol subsidy. The NLC called this denial “cynical,” viewing it as typical behaviour of the IMF and World Bank, which it claims have consistently pressured developing nations into adopting harsh […]Read More
Nigeria’s ongoing power issues are draining the economy of an estimated $26 billion each year, as highlighted in Standard Bank’s Africa Trade Barometer report. The report also shows that businesses in Nigeria are spending nearly $22 billion annually on off-grid fuel to counteract unreliable electricity, pushing up operational expenses. “In Nigeria, surveyed businesses must contend […]Read More
Elijah Adakole, the Head of Corporate Communications, at Jos Electricity Distribution Company, has said that the reoccurring national power grid collapse affects Distribution Companies’ revenue generation. Adakole, said this in an interview with the News Agency of Nigeria, on Saturday in Jos. For instance, he explained that most of JEDC’s customers were on the company’s […]Read More
Almost 60 percent of Nigerian household are connected to the national grid, a new report has revealed. Overall, 58.2 percent, indicating nearly 6 in 10 Nigerian households, from the surveyed states are connected to the national grid. The Nigeria Residential Energy Demand-side Report 2024 was published by the Nigerian government, which was done by the […]Read More
Adebayo Adelabu, the minister of power, has called an emergency meeting with the Nigerian Electricity Regulatory Commission (NERC) and the Transmission Company of Nigeria (TCN) following recent disturbances to the national grid, which resulted in widespread blackouts across the country. A statement released by Bolaji Tunji, the minister’s special adviser for strategic communication and media […]Read More
Hexing Livoltek, a global leader in technology, has announced plans to establish a manufacturing facility in Nigeria, focusing on advanced metering systems and solar energy solutions. This move is expected to boost local employment while supporting Nigeria’s growing demand for renewable energy. The announcement was made during a luncheon attended by Adebayo Adelabu, the Minister […]Read More
The pan-Yoruba socio-political group, Afenifere, expressed concern on Saturday about the rising cost of energy, stating that it negatively affects not only the economy but also health and security. Afenifere’s comments follow the sharp increase in petrol prices, with a litre now costing between N1,000 and N1,400, while the price of cooking gas has risen […]Read More
Egbin Power, Nigeria’s largest power generation company, has highlighted the need for stronger collaboration among stakeholders in the energy sector to drive the country’s socio-economic growth. Speaking at the 2024 Nigeria Energy Conference in Lagos, Egbin Power’s CEO, Mokhtar Bounour, stressed the importance of unity in the sector during a panel session themed “Gas to […]Read More
Nigerians have again been plunged into darkness after the national power grid collapsed for the third time in a week. The constant power outages have only deepened frustrations across the country, affecting businesses, homes, and essential services that rely on a stable electricity supply. The latest grid failure occurred early Saturday morning, leaving many states […]Read More
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