Power Sector Debt Settlement: N3.3trn Plan Tests Nigeria’s Fiscal Discipline
The Federal Government’s latest attempt to resolve the long-standing liquidity crisis in Nigeria’s power sector marks one of the most ...
Tag: Power Sector
GenCos Back N3.3 Trillion Power Sector Debt Plan
Eight of Nigeria's largest power generation companies, including Transcorp Power, Egbin Power Plc, and Geregu Power Plc, have signed onto ...
Tinubu Approves N3.3 Trillion Plan to Clear Power Sector Debts
President Bola Tinubu has approved a N3.3 trillion payment plan to settle outstanding debts in Nigeria's electricity sector under the ...
Obi Queries Tinubu Over Power Failure Amid Infrastructure Concerns
The presidential candidate of the Labour Party in the 2023 general election, Mr Peter Obi, has questioned President Bola Tinubu ...
Tinubu Appoints New PTDF Executive Secretary, Renews TCN MD’s Tenure
President Bola Tinubu has appointed Professor Shu'aibu Aliyu as Executive Secretary of the Petroleum Technology Development Fund (PTDF), replacing Ahmed ...
FG, GenCos Disagree Over N4tn vs N6.3tn Electricity Debt
The Federal Government and power generation companies are at odds over the size of outstanding debts in Nigeria’s electricity market, ...
Power Sector Reforms Attract Over $2 Billion in Fresh Investments
The Minister of Power, Mr Adebayo Adelabu, has announced that ongoing reforms in Nigeria’s electricity sector have attracted over $2 ...
Akwa Ibom Targets Power and Maritime Investment
Governor Umo Eno of Akwa Ibom has reaffirmed his administration’s commitment to deepening reforms and attracting investment in the power ...
Lagos to Host Energy Summit 2026 to Drive Power Sector Investment
The Lagos State Government has unveiled plans for the second edition of the Lagos Energy Summit, scheduled for May 18 ...
Transcorp Grows Profit by 44% to N135.9bn, Assets Cross N1tn Mark
Transnational Corporation Plc (Transcorp) has reported a 44 per cent increase in Profit After Tax to N135.9 billion for the ...
