Transcorp Commends FG as Power Sector Debt Repayment Begins
The President and Group Chief Executive Officer of Transnational Corporation Plc, Owen Omogiafo, has revealed that the Federal Government has ...
Tag: Power Sector
Ibadan Electricity Workers Kidnapped in Oyo State
The Ibadan Electricity Distribution Company has confirmed the abduction of an unspecified number of its workers along the Ibadan-Fiditi road ...
Adelabu Leaves Power Sector with Mixed Results as Reforms Continue
The tenure of Nigeria’s Minister of Power, Chief Adebayo Adelabu, officially ended on April 30, 2026. His time in office ...
Reps Order Electricity Firms to Refund N55.42 Billion Over Failed Metering Programme
The House of Representatives has instructed 11 electricity distribution companies (DISCOs) to return a total of N55.42 billion they received ...
Nigeria Approves $2.99bn Rail Projects and Major Aviation Reforms
The Federal Executive Council (FEC) has approved three major rail projects worth $2.99 billion as part of efforts to modernise ...
NNPCL, NRS, 21 Others Get Nod to Generate 1,182.98MW of Captive Power
As Nigerians continue to grapple with epileptic power supply from the national grid, the Nigerian Electricity Regulatory Commission has granted ...
Transcorp Power Posts N39.59bn Q1 Profit Despite Sector Challenges
Transcorp Power Plc, one of the power subsidiaries of Africa’s leading listed conglomerate, Transnational Corporation Plc, has announced its unaudited ...
Nigeria Expands Solar Panel Capacity to 300MW
Nigeria has more than doubled its domestic solar panel manufacturing capacity to 300 megawatts, up from 120 megawatts two years ...
New 50MW IPP To Boost Power Supply In Lagos’ Ogba Industrial Estate
Odu’a Investment Company Limited has entered into a strategic partnership with Elektron Energy Development Strategies Limited to develop a 50-megawatt ...
Reps Panel Approves N248.6bn Debt Relief for Kano, Jos, Ikeja DisCos
The House of Representatives Public Accounts Committee has approved a N248.6 billion financial relief and 10-year debt restructuring framework for ...
