Apr 25, 2022 | Power Sector News
A new report by Financial Derivatives Company (FDC) Limited, a research firm which provides insights for investment decisions, has disclosed that Nigeria will require about $100 billion funding spread across the next 20 years to solve its electricity supply challenges...
Apr 25, 2022 | Power Sector News
The national electricity grid collapsed again yesterday barely 24 hours after it was restored. The last system collapse occurred between 5pm and 6pm after the grid generation had earlier dropped from 3000 megawatts to 1758 megawatts leaving just 12 generation...
Apr 25, 2022 | Power Sector News
The Organised Private Sector, OPS, comprising the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Lagos Chamber of Commerce and Industry (LCCI) and Manufacturers Association of Nigeria (MAN), have said the current energy...
Apr 25, 2022 | Power Sector News
The House of Representatives Committee on Public Accounts yesterday, grilled the Chairman, Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba and the Executive Commissioner in charge of Finance, Nathan Shatti over the non-remittance of operating surplus...
