The national electricity grid collapsed twice in less than two hours on Thursday. The system, which had collapsed around 12:37 on Thursday, resulting in power outage in some parts of
Tag "TCN"
The African Development Bank (AfDB) has approved $210 million to boost electricity transmission in Nigeria. In a statement on Thursday, Ndidi Mbah, general manager of public affairs at the Transmission
Femi Gbajabiamila, speaker of the house of representatives, says the lower legislative chamber will not allow electricity distribution companies (DisCos) to continue fleecing Nigerians with the estimated-billing system. Speaking on
The senate has advised the federal government to divest its 40% stake in electricity distribution companies (DisCos) to foreign investors.
The electricity distribution companies (DisCos) have demanded a cost recovery framework before making investments in power distribution. Speaking at a
The federal government and core investors in electricity distribution companies (DisCos) are to raise $4.3 billion to recapitalise the firms