The latest data on the electricity generation trend has shown that the available generation capacity in Nigeria’s power sector dropped again in 2022. It crashed from the 6,336.52 megawatts recorded in 2021 to 5,346.82MW last year.Also, Read More
Tags :Power Supply
According to the Central Bank of Nigeria data, the debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year to N861.14bn in December 2021.This is coming Read More
Nigeria power generation has dropped by 19.23 percent to 3,089.30 Megawatts during the Easter festivities.This development left most parts of the country without electricity supply for the festive season.According to data from the Independent System Read More
About four West African countries are in talks with Nigeria to sell unused electricity to them.The electricity would be sold through a planned $570 million Northcore Power Transmission Line.This was disclosed by the acting Read More
The Nigerian Electricity Regulatory Commission has said power generation companies received N81.14bn as payment assurance from the Nigeria Electricity Bulk Trading Plc in 2020.NERC disclosed this in its latest Key Operational and Financial Data Read More
Nigeria’s worsening power sector has beat Democratic Republic of Congo (DRC) to become the country with the highest number of citizens that lack access to power.World Bank Group Practice Manager, West and Central Read More
The Federal Executive Council has approved about 26million dollars for various power projects in Borno, Yobe and Adamawa states.Minister of Power, Sale Mamman, made this known at the end of the Council meeting, presided Read More
With a total invoice of N739.68bn, power generation companies were not paid 59.17 percent of the invoice issued in 2020 for the electricity produced and fed into the national grid.The government-owned Nigerian Bulk Electricity Trading Read More
Currently, in Angola, only one-third of the population has access to electricity under good conditions, this is why the government of Angola is seeking to increase access to electricity for its population.The government in Read More
President Joe Biden has declared a federal emergency as Ice storms, heavy snow and freezing rain knocks out power, closes roads and in southern Texas.Over two million people were left without power supply and 1000 Read More
