HELSINKI – State-controlled Finnish utility Fortum has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments...
KADUNA — The Minister of Information and Supervising Minister of Defence, Mr. Labaran Maku, yesterday, berated the contractor handling the Kudenda Electricity power plant, Kaduna. The...
ABUJA – The European Union, EU, has agreed to partner with the Federal Government to ensure the provision of electricity to rural communities not captured in...
ABUJA – South African President, Jacob Zuma has expressed the willingness of his country to partner with Nigeria to create business opportunities and development of infrastructure,...
LAGOS – The nation’s deteriorating power supply has been blamed on the capacity constraints of the generating companies, GENCOs, resul-ting from under-capacity utilisation. About 2,859 megawatts...
ABUJA – The Chairman/CEO, Nigerian Electricity Regulatory Commission, NERC, Dr. Sam Amadi has said that there is no plan to raise electricity tariff in Nigeria. Dr...
ABUJA – The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, said the commission had not approved any increase in electricity tariff or...
ABUJA – New operators in the nation’s power sector have asked for increase in electricity tariff in the midst of worsening power situation in the country....
ABUJA – The Federal Government at the weekend responded to the tale of woes by new investors in the power sector, saying it was not under...
MAIDUGURI – Oriented Energy Resources Plc, a Nigeria-based company, says it plans to generate 10 megawatts of electricity within four months in Borno using solar system....