Power sector

December 1, 2023

FG Raises ₦585 Million for Settlements of Inmates Across Nigeria… | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. FG raises ₦585 million for settlements of inmates across Nigeria The Federal government of Nigeria has raised ₦585 million to be used as fines for releasing inmates locked in correctional facilities across Nigeria. The Minister... Read More

5 Things that Should Matter Today, FG, freed inmates, minimum wage, Nigerian News, Politics, Power sector

October 8, 2022

2023 Elections: Tinubu is not ready to run for office or be in charge – Atiku; Sacked Living Faith pastor sues Bishop Oyedepo, others for N350m | 5 Things That Should Matter Today

2023 Elections: Tinubu is not ready to run for office or be in charge – Atiku We spent $100m feeding 10m school children — FG Prof Folasade Ogunsola emerges first female UNILAG VC Nationwide blackout looms as TCN staff plan to ground power sector Sacked Living Faith pastor sues Bishop Oyedepo, others for N350m Across... Read More

2023 elections, APC, Atiku, bishop david oyedepo, court, Living Faith Church, Nationwide Blackout, pastor, PDP, Power sector, Prof Folasade Ogunsola, school children, strike, TCN, Tinubu, UNILAG, Vice-Chancellor

February 8, 2017

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should be monitoring today. 1. Boko Haram is broke – UN envoy The UN under-secretary-general for political affairs, Jeffrey Feltman has said terrorist sect, Boko Haram is currently faced with financial difficulties. 2. 62 houses seized from female public officer – ICPC The Independent Corrupt Practices and other related offences Commission... Read More

boko haram, donald trump, Power sector, The Big 5, Walter Onnoghen, Yakubu Dogara, Yemi Osinbajo

February 8, 2017

Power sector: How N2.7trn spent in 16 years generated darkness – Dogara

The speaker of the House of Representatives, Yakubu Dogara has lamented how the country spent a whooping N2.74tn on the power sector and still remains in darkness. Dogara stated this in Abuja while speaking at the opening of a stakeholders’ dialogue on the ‘Nigerian Power Challenge: A Legislative Intervention’. The session, which was facilitated by... Read More

legislature, N2.74tn, Power sector, Yakubu Dogara

February 7, 2017

Power sector licenses were issued to cronies, incompetent hands – Saraki (READ)

President of the Senate, Bukola Saraki says the country failed in the privatisation of the power sector. Speaking while delivering a speech at a 2-day stakeholders interactive dialogue workshop on the Nigerian power sector for the National Assembly, Saraki said the Bureau of Public Enterprise (BPE) performed “inexcusable” actions as there was no transparency in the... Read More

BPE, Bukola Saraki, DISCOs, GENCOs, licences, national assembly, Power sector

January 25, 2017

Why the power sector is almost collapsing- Fashola

Minister of Power, Works and Housing, Babatunde Fashola has said vandalism and liquidity issues has led to the collapse of the power sector. Fashola spoke at a press briefing at the end of a meeting of the Federal Executive Council presided over by Acting President Yemi Osinbajo. Fashola said the Escravos Lagos pipeline and the... Read More

babatunde Fashola, collapse, Gas, petrol, Power sector

January 22, 2017

Simon Kolawole: Before the power sector collapses

by Simon Kolawole There is a prank I usually play on my security guy. Anytime I am out of town, I call him regularly to ask about the power situation. He would regale me with tales of how we are burning diesel everyday because power supply is either completely nil or limited to a few... Read More

nigeria, opinion, Power sector, Raji Fashola, simon kolawole

December 18, 2016

[The Legislative Blog]: Senate to probe N213bn power sector intervention fund | 5 things to know

The power sector is one of the most challenged in the country and the intervention fund worth N213billion was initiated in 2014 to tackle three major challenges in the sector including inadequate gas supply for power generation, the inability of generation companies to produce electricity with reduced volumes of gas and misalignment between electricity tariff... Read More

More, The Legislative Blog

Bukola Saraki, CBN, Diezani Alison Madueke, intervention fund, Power sector, power supply, senate, the legislative blog

November 11, 2016

FG won’t revoke power sector privatisation – Fashola

The Federal Government says it will not revoke the privatisation of the power sector. Minister for Power, Works and Housing Babatunde Fashola (SAN) stated this on Thursday while speaking at the Fifth European Union (EU)-Nigeria Business Forum at Eko Hotel, Victoria Island, Lagos. The two-day event with the theme: “Harnessing Nigeria’s Potential for Economic Growth”,... Read More

babatunde Fashola, Contracts, Federal Government, infrastructure, Power sector, privatisation

October 21, 2016

The YNaija Tracklist: Power sector debts hit N809bn | How robbers killed Mimiko’s CSO | PDP congratulates new Oba of Benin |

From the papers this morning – a Tracklist. I used 15 years to save frozen $15m – Patience Jonathan – YNaija “It’s a plot to destroy me politically”, Amaechi replies Justice Ngwuta – YNaija How robbers killed Mimiko’s CSO – YNaija PDP congratulates new Oba of Benin – YNaija You played a major role in Ken... Read More

Featured, The News Blog

Justice Ngwuta, Ken Saro-Wiwa, Niger Delta Avengers, oba of benin, Olusegun Mimiko, Patience Jonathan, PDP, Power sector, President Muhammadu Buhari, Rotimi Amaechi, The YNaija Tracklist

September 19, 2016

Opinion: Fashola, power and realistic expectations

by Ikeogu Oke Though appropriate, the word “novel” arguably understates the import of President Muhammadu Buhari’s decision to saddle Babatunde Fashola with three highly demanding portfolios in his cabinet, namely Power, Works and Housing. I am making this observation after reading the interesting piece by Uche Aneke entitled, “Power sector: Great Expectations from Fashola,” published in... Read More

Babatunde Raji Fashola, Electricity, lagos, nigeria, Power sector, president buhari

September 8, 2016

‘I can’t judge Buhari…Nigerian youth should be of use to themselves’ – Orji Kalu

A former governor of Abia state Orji Uzor Kalu has said that Nigerians should be enjoying power supply by now if only former president Olusegun Obasanjo listened to his advice. Kalu made the claim when he hosted some Catholic Bishops and the diplomatic community at his Abuja home on Wednesday. He said Nigerians should not... Read More

agriculture, aliko dangote, manufacturing, olusegun obasanjo, Orji Uzor Kalu, Power sector, youths

House of Reps says no to N390bn bond to finance power sector

The House of Representatives, on Wednesday, halted the plans of the federal government to raise a N309 billion bond to finance the shortfalls in the the power sector. The Federal Ministry of Power/Works and Housing had planned to use the Nigeria Bulk Electricity Trading Company to raise the bond. The House however, called on the... Read More

N390bn bond, Power sector, Reps

December 2, 2015

This is the solution to Nigeria’s electricity problem – US Ambassador

The Federal government has been advised by United States to create an enabling environment for big private companies to invest in the power sector. The US Ambassador to Nigeria, James Entwistle opined that this is the solution to the epileptic power situation in the country. Entwistle disclosed this on Wednesday, during a visit to the Minister of Science... Read More

.US, ambassador, Invest, nigeria, Power sector

September 11, 2015

Ministry blames NASS for 8 power outages on Wednesday

The Ministry of Power has blamed the management of the National Assembly (NASS) for the power outages which disrupted Wednesday’s sitting of the Senate ad hoc committee during the probe of funds expended on the power sector since 1999. In a statement by Timothy Oyedeji, the ministry said the cause of the incessant power outages experienced at... Read More

NASS, power ministry, Power sector, PROBE

September 11, 2015

THE 2015 TRACKLIST: Mimiko supports death penalty for corrupt politicians| NNPC lifts ban on 113 oil tankers| Tinubu greater than Obasanjo| More stories

Mimiko also supports death for corrupt politicians. YNaija FRSC says they are not recruiting, warns against fraudsters. Leadership Army officers say they never saw any election take place in Rivers. YNaija Shettima names 21 commissioners, appoints caretaker chairmen. Leadership After this, Amosun better not be found corrupt. YNaija Obadan says if not for Buhari, Nigeria... Read More

Buhari, Customs, NASS, nnpc, Power sector, tracklist

September 10, 2015

Power goes out 8 times during probe of ‘power sector’ on Wednesday

Welcome to Nigeria, the land of great ironies. On Wednesday, during the probe of the power sector by the Senate ad hoc committee, power failure was recorded eight times. The proceedings, which started at 11:30a.m, ended abruptly at 4p.m, after there was power outages 8 times in 15 minutes. This happened when the Permanent Secretary, Ministry of... Read More

Power outages, Power sector, PROBE, Senate committee

September 10, 2015

THE 2015 TRACKLIST: Power goes out during power sector probe| DSS begins screening of Buhari’s ministers| Oshiomhole sacks 4 commissioners| More stories

Power goes out 8 times during probe of power sector on Wednesday. YNaija Buhari defends appointments of trusted hands. This Day DSS begins secret screening of Buhari’s prospective ministers. YNaija Kumuyi says Buhari will win war against corruption. Leadership Tinubu shades PDP says Buhari is helping Nigeria recover from paralysis. YNaija Oshiomhole sacks 4 commissioners.... Read More

Aregbesola, Buhari, Osinbajo, Power sector, tracklist

September 9, 2015

THE 2015 TRACKLIST: Alimi says gay is African | Niger-Delta oil holding Nigeria | PDP condemns Akwa Ibom govt. house

Ogun appoints new magistrates. This Day Fani-Kayode says the only thing keeping Nigeria together is Niger- Delta oil. YNaija Bisi Alimi says gay stems from Africa. The Guardian Buhari finally speaks on lopsided appointment, says Chibok girls dispersed. Premium Times Nigerian army says some Boko Haram members cannot recite the Quran. YNaija PDP governors condemns... Read More

Buhari, Ekiti, fani-kayode, Niger Delta, Power sector

September 9, 2015

A breakdown of how N2.74 trillion was pumped into power sector in 16 years

It was revealed at the Senate chambers on Tuesday, that the Federal Government has invested N2.74 trillion in Nigeria’s power sector since 1999. The money was pumped into the power sector during the administrations of former President Olusegun Obasanjo, late President Umaru Yar’Adua, and President Goodluck Jonathan. The Permanent Secretary, Ministry of Power, Ambassador Godknows Igali, and the Managing... Read More

Godknows Igali, N2.74trillion, nigeria, Power sector, senate

February 20, 2015

I have fulfilled my promise to Nigerians on electricity – Pres. Jonathan

by Damilola Jagun President Goodluck Jonathan says his administration has fulfilled his campaign pledge to Nigerians in the power sector. Jonathan made the utterance on Friday, February 20, during the commissioning of the Olorunsogo II Power Station in Ogun State. While addressing the gathering which included members of the Federal Executive Council, Peoples Democratic Party... Read More

nigeria, Ogun State, Olorunsogo II Power Station, Power sector, President Goodluck Jonathan

February 2, 2015

Buhari promises to revive dying industries

by Janet Johnson The Presidential candidate of the All Progressives Congress, Muhammadu Buhari on Monday, February 2, said he would take practical steps to strengthen Nigeria’s economy if elected. Buhari disclosed this during a meeting with members of the Organized Private Sector, OPS, at the Lagos State Government House, Marina, in Lagos. The meeting, which... Read More

#ColourfulWorldOfMore, industry, job creation, Muhammadu Buhari, Organized Private sector, Power sector

December 22, 2014

APC, PDP throw verbal jabs over GEJ’s N21billion election fund

by Kolapo Olapoju The ruling party, Peoples Democratic Party, and opposition, All Progressives Congress, are once again, engaged in a verbal altercation over the recent fundraising of the PDP, where N21.27 billion was raised for President Goodluck Jonathan’s re-election. The Buhari Support Organization, the umbrella body of all support groups for the Presidential candidate of... Read More

All Progressive Congress, Election fundraiser, Emir of Kano, Muhammadu Buhari, Peoples Democratic Party, Power sector, President Goodluck Jonathan

November 4, 2014

Obasanjo blames Babangida, Abacha, Buhari, Jonathan, others for power sector decay

by Kolapo Olapoju Erstwhile President and former Head of state, Chief Olusegun Obasanjo, has held liable the administrations which succeeded him, as being responsible for the comatose state of the power sector. Obasanjo was speaking about his first time as leader of Nigeria, when he served as Military Head of state between 1976 and 1979.... Read More

Bola Ige, Ernest Shonekan, Gen. Abdulsalami Abubakar, Gen. Ibrahim Babangida, Maj.Gen. Muhammadu Buhari, nigeria, olusegun obasanjo, Politcal will, Power sector, Sani Abacha, shehu shagari, south africa

August 15, 2013

Alkasim Abdulkadir: The viable power sector of a sceptical population (Y! FrontPage)

by Alkasim Abdulkadir This year, Nigerians have watched with despair, what appears to be, a stall in the marked improvements in power delivery witnessed in 2012. Major fluctuations in the availability of electricity to the end consumer remain at odds….. The power reforms are on again, this time around the word “unbundling” is the buzz word,... Read More

Alkasim Abdulkadir, Nigerian Gas Company, Power sector, power sector reforms, sceptical population, viable, Y! Frontpage

December 11, 2012

China to invest N146bn in Nigeria’s power sector

China is to invest N146.466 billion ($927 million) in Nigeria’s power sector, in a move designed to boost the nation’s power situation. China will through its Export-Import Bank provide 75 per cent of required funds to build a 700 mega watt hydro power station on the Northern Zungeru River, while Nigeria will provide the remaining... Read More

Bauchi, China, China National Electrical Equipment Corporation, kano, Power, Power sector, Sinohydro Corporation, Zainab Kuchi

December 5, 2012

We are number 35! and more in today’s news round-up with Cheta Nwanze

There is something rotten in the state of Nigeria, but the debate now is whether there is actually a genuine fight against this disease, or whether we are waiting for God to fight it for us… Okay, so it is official. We are the 35th most corrupt country in the world. At least that’s what... Read More

Ayo Salami, Goodluck Jonathan, government, IG, Ikedi Ohakin, Mohammed Abubakar, Odumegwu Ojukwu, Power sector, Rochas Okorocha

September 4, 2012

Opinion: Barth Nnaji and our choices as a nation

by Sam Hart Prof. Bart Nnaji made his name outside the shores of this country as an academic and highly sought after Professor of a rare and highly technical field of study. When President Goodluck Jonathan unveiled names of his Ministerial nominees at the outset of his substantive tenure last year, I wrote an article... Read More

Barth Nnaji, Geometric Power, Power sector, Sam Hart

August 30, 2012

Olusegun Adeniyi: Megawatts of controversy

“I understand that Prof. Barth Nnaji is going to man the power sector. He is a man for whom I have tremendous respect (and he comes with impeccable credentials for the job). But he is also an operator in the sector which immediately raises a serious issue of conflict of interests…” When I wrote the... Read More

Barth Nnaji, Olusegun Adeniyi, Power sector

August 20, 2012

Opinion: Power sector reform – Is there light in the tunnel?

by Abraham Ogbodo WHEN the matter was put to vote the ayes had it. When motion was proposed at the Tuesday plenary session of The Guardian on Sunday, it was approached with some trepidation. No single individual was too sure if the entire house would agree that electricity supply has witnessed improvement lately. But the... Read More

Abraham Ogbodo, PHCN, Power sector, reforms

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