Concerns mount as NERC presses DisCos to buy power directly from Gencos
The Nigerian Electricity Regulatory Commission's (NERC) recent directive for Distribution Companies (DisCos) to transition away from the single-buyer model contract ...
Tag: Adebayo Adelabu
Ogun State secures $500 million investments from Japan to boost power supply
Japan, through its international development agency, the Japanese International Cooperation Agency (JICA), has committed $500 million to enhance power supply ...
FG deducts N120 billion from April revenue as first tranche of Presidential Metering Initiative funding
The Federal Government has set aside N120 billion as the first tranche of the Presidential Metering Initiative (PMI).
Experts faults FG’s 6,000MW target for power supply in 2024, say “not a big deal”
The federal government has repeatedly stated its ambition to increase power generation in the national grid from approximately 4,500MW to ...
FG targets 100% import substitution to drive local manufacturing in the power sector
The Minister of Power, Aebayo Adelabu has stated the federal government is targeting 100% import substitution as a measure to ...
FG to purchase 3.5 million electricity meters in 2024
The federal government announced on Friday its plan to procure 3.5 million electricity meters by the end of the year ...
FG allocates N20 Billion for DisCos to meter Band A customers in 3 Months – Adelabu
The Minister of Power, Adebayo Adelabu, said the federal government has released a total of N20 billion to the power ...
How FG recovered N12.7 billion metering funds from local supplier after 21 years – Adelabu
The Minister of Power, Adebayo Adelabu, has revealed how his ministry recovered the sum of N12.7 billion from a local ...
Power Sector achieved 5,000MW in May for the first time in 3 years – Adelabu
The Minister of Power, Adebayo Adelabu, announced that for the first time in three years, Nigeria’s power sector reached an ...
Increase in electricity tariff for Band A customers temporal hardship – Adebayo Adelabu
The Minister of Power, Adebayo Adelabu, stated that the rise in electricity tariffs for Band A customers is a temporal ...
