Despite approval by the Federal Executive Council (FEC), for a N701-billion Central Bank of Nigeria (CBN) facility to ameliorate liquidity crisis in the power sector, funding challenges remain a big issue.

Industry experts have predicted tougher times for the nation’s electricity distribution companies (Discos), contending that the problem was not just about huge financial shortfall...

Technical Specialist, Association of Nigerian Electricity Distributors (ANED), Mr. Akin Akinpelu, in this interview with ROSELINE OKERE, Assistant Editor, Energy and Solid Minerals...

The indebtedness of the Nigerian Bulk Electricity Trading Plc (NBET) to electricity Generation Companies (Gencos), has reached N42.15 billion as at January 2018.

The power sector is no exception from the ups and down recorded in 2017. The year started with a generally low mood in terms of the quantum of power generation available for distribution from none to a peak of 5,222MW.

The Federal Government on Monday announced that it had recovered 64.6 million dollars electricity debt from its international customers.

President Muhammadu Buhari yesterday presented to a joint session of the National Assembly a budget estimate of N8.612 trillion for the 2018 fiscal year.

The Senate is set to commence an investigation into an alleged $1.35 billion fraud in the power sector.

Following the directive by Acting President Prof Yemi Osinbajo that Maximum Demand (MD) customers should resist paying estimated electricity bills in protest against non-provision of pre-paid meters...

The Nigerian Bulk Electricity Trading Plc (NBET) said it paid about N12.69 billion to electricity generating companies (GenCos) in the country out of the total invoices of ₦ 37.38 billion for energy delivered in February.

The Federal Government yesterday said it would embark on a broader restructuring of the electricity sector to achieve development in renewable energy.

The Federal Government has decried what it tagged inefficient performance of the 11 power distribution companies (DisCos) as reflected in their failure to deliver electricity...