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Tag "Power sector"

Daniel Bwala: How Atiku plans to add 25,000MW of electricity to national grid

    Daniel Bwala: How Atiku plans to add 25,000MW of electricity to national grid

Daniel Bwala, a spokesperson for the Atiku Abubakar presidential campaign, says his principal will add 5,000 megawatts (MW) of electricity to the national grid if elected in 2023. Speaking during

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FGNPC set to inaugurate new equipment for power project

    FGNPC set to inaugurate new equipment for power project

The FGN Power Company (FGNPC) is set to inaugurate new equipment for the Presidential Power Initiative. In December 2021, the federal executive council (FEC) approved $1.9 million and €62.9 million for

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We have evidence of prepaid meters supplied to DisCos, says MOJEC on fund diversion allegation

    We have evidence of prepaid meters supplied to DisCos, says MOJEC on fund diversion allegation

Mojec Meter Asset Management Company Limited (M3AC) says it has documentary evidence of prepaid meters supplied to electricity distribution companies (DisCos) across the country. On Tuesday, TheCable had reported how the

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MAPs: CBN’s fund diversion allegation baseless…we supplied prepaid meters to DisCos

    MAPs: CBN’s fund diversion allegation baseless…we supplied prepaid meters to DisCos

Some Meter Asset Providers (MAPs) have described the allegation of fund diversion levelled against them by the Central Bank of Nigeria (CBN) as baseless. On Tuesday, TheCable had reported how

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EXCLUSIVE: CBN seeks order to freeze 157 accounts of companies over ‘diversion of funds for prepaid meters’

  EXCLUSIVE: CBN seeks order to freeze 157 accounts of companies over ‘diversion of funds for prepaid meters’

The Central Bank of Nigeria (CBN) has asked a court for an order to freeze 157 accounts of Meter Asset

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PIND Foundation: 2,000 people in Niger Delta accessed electricity first time in 2021

  PIND Foundation: 2,000 people in Niger Delta accessed electricity first time in 2021

The Foundation for Partnership Initiative in the Niger Delta (PIND) says 2,070 people from 645 businesses and households accessed electricity

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INSIGHT: Nigerians bear brunt of unstable national grid despite multi-billion dollar investment in TCN

  INSIGHT: Nigerians bear brunt of unstable national grid despite multi-billion dollar investment in TCN

On Sunday, the national electricity grid collapsed for the sixth time in 2022, causing a blackout in states across the

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Zainab Ahmed: FG’s N1.3trn electricity intervention fund didn’t produce significant result

  Zainab Ahmed: FG’s N1.3trn electricity intervention fund didn’t produce significant result

Zainab Ahmed, minister of finance, budget and planning, says the N1.3 trillion intervention fund the federal government provided for the

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Azura MD: Why electricity privatisation is not yielding expected results

  Azura MD: Why electricity privatisation is not yielding expected results

Edu Okeke, managing director of Azura-Edo IPP, says the privatisation of the power sector is not yielding expected results because

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Governors to meet on March 23 over ‘ineffective power sector’

  Governors to meet on March 23 over ‘ineffective power sector’

The 36 state governors will meet on March 23 to discuss pressing national concerns, with particular focus on the power

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