power

The House of Representatives, through its committee on Power, has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend its planned electricity increment. The electricity regulatory body had earlier announced planned…

The Senate has mandated its Committee on Power to investigate the activities of power generating and distribution companies, focussing the unsteady power supply in Nigeria. The investigating committee has four weeks to submit its…

The immediate past Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that funding was a major factor that limited the completion of strategic road projects across the country. Fashola said this while responding to…

Electricity Generation Companies (GenCos) say they released 3,522 megawatts of electricity into the national grid on April 7. GenCos made this known in their daily energy report released on Monday. They said the electricity released…

Worried by the silence and non- commencement of construction works on the greenfield refineries earlier announced for Kogi, Bayelsa, and Lagos States, BudgIT has demanded from the federal government, reasons for the abandonment of the…

The Federal High Court in Ikoyi, Lagos, has granted leave to the Socio-Economic Rights and Accountability Project (SERAP) to seek its reliefs to compel the Minister of Power, Works and Housing, Babatunde Fashola (SAN), to account for…

In a move to ensure optimal use of resources, the Federal Government has commenced moves to deploy underutilized power assets to deliver incremental power to industrial centres and needy communities in the country. Through the…

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Thursday said that additional 945 megawatts of electricity would be added to the national grid before the end of the year. Fashola said this at the Nigeria-South Africa…

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus ofN18.12bn for the month of May, 2018, a performance which is relatively higher than the trading surplus of N17.16bn recorded in the preceding month.…

 A cross section of Swiss investors operating in Nigeria on Tuesday commended the Federal Government for creating a sound investment environment which they said has continued to attract investment into the country. They stated this in an…