Power Sector

The Federal Government has officially ratified and adopted a comprehensive roadmap for the Nigerian Electricity Supply Industry (NESI) through the approval of the National Integrated Electricity Policy (NIEP).Mr Bolaji Tunji, Special…
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The Senate on Thursday declared that the privatisation of the power sector, done 11 years ago, was a total failure due to the lack of stable electricity supply nationwide. It consequently warned that it might propose legislative…
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The Federal Government says it plans to invest 800 million dollars in the construction of sub-stations and distribution networks as part of the Presidential Power Initiative (PPI). This is contained in a statement issued by Mr…
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President Bola Tinubu has approved the gradual payments of power sector debts estimated at over N3.3tn. The federal government said this is part of the measures to tackle incessant power outages in the country Similarly, about N1.3tn…
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Organised Labour in Nigeria has urged the Federal Government to scrap and reverse the electricity privatisation exercise in the country. Mr Ayuba Wabba, President, Nigeria Labour Congress (NLC), made the call during the 2022…
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The Speaker of the House of Representatives ,Femi Gbajabiamila has said that the Nigerian electricity power sector is not performing optimally, a development he said must change for the better. Solacebase reports that Gbajabiamila said,…
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By Dr.Kamoru Yusuf The decades of appalling performance of the Nigerian Electricity Supply Industry (NESI) have left many Nigerians wondering if NESI could ever be remedied seeing that the role of NESI in the state of Nigeria’s economy and…
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Electricity is no doubt the backbone and driving force of every nation’s economy on which industries, businesses-big or small rely on to function and grow. It’s a fact that no country can achieve any level of development without its…
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The Senate is probing over N1.8 trillion Federal Government interventions in the Power Sector since the privatisation of the sector from 2012 to date. Chairman, Senate Committee on Power, Sen. Gabriel Suswam made this known at a meeting…
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Vice President Yemi Osinbajo on Tuesday emphasised the need to get the private sector involved with government to bring power to Kano State. Prof. Osinbajo stated this while receiving the Kano Chamber of Commerce, Industry, Mines, and…
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