Browsing Tag
Power Sector
25 posts
Nigeria settles N330 billion debt to power firms and launches N729 billion bond
The Nigerian government has paid N333 billion to eight power generation companies and launched a N729 billion bond to clear legacy debts and stabilize the electricity sector.
Federal Government Settles N330 Billion Debt to Power Producers and Launches N729 Billion Bond
The Nigerian government has paid N333 billion to eight power generation firms and introduced a N729 billion bond to resolve industry debts and boost investment.
Government Plans N729 Billion Bond to Settle Outstanding GenCo Debts
To bolster liquidity and resolve long-standing financial hurdles in the power sector, the Nigerian government is set to issue a N729 billion bond for electricity generation companies.
Former TCN Chief Urges Meritocracy and Stable Policy to Resolve Nigeria’s Power Crisis
Former TCN boss Abubakar Atiku-Tambuwal asserts that Nigeria's power sector requires merit-based leadership and consistent policy to overcome deep-rooted systemic failures.
Nigeria Suffers 3,100 GWh Power Loss Due to Gas Flaring
Nigeria lost 3,100 GWh of potential power generation in May 2026 as inconsistent data between regulatory agencies highlights the ongoing failure to curb gas flaring despite government initiatives.
Honoring Professor Barth Nnaji on his 70th Birthday
A look at the illustrious career and lasting impact of Professor Barth Nnaji as he marks his 70th birthday, reflecting on his pioneering work in robotics and contributions to the Nigerian power sector.
JED Reports 45% Energy Loss Due to Theft in Plateau State
Jos Electricity Distribution Plc reveals that 45 percent of energy supplied to Plateau State is lost to theft and is launching new whistleblower initiatives and meter distribution efforts to address the crisis.
REA Chief declares mini-grids a profitable investment for Nigeria’s energy sector
REA Managing Director Dr. Abba Aliyu reports that mini-grids are becoming a high-potential commercial asset, helping to secure private investment and reform Nigeria's power landscape.
Nigerian Government Reports Rising Investor Interest in Solar Mini-Grids
Abba Aliyu of the Rural Electrification Agency highlights that solar mini-grids are becoming a preferred commercial model for investors in Nigeria's power sector.
APFFLON Urges Minister Tegbe to Resolve Power Sector Failures Impacting Nigerian Economy
APFFLON has challenged Minister of Power Joseph Tegbe to address Nigeria's ongoing electricity crisis, citing it as a major barrier to investment, job creation, and industrial growth.