Nigeria’s power sector is facing a fresh crisis as gas producers begin cutting supplies to power plants over an outstanding ₦5.6 trillion debt owed to generation companies (GenCos). The development has heightened fears of nationwide blackouts and further instability of the national grid. Dr. Joy Ogaji, Managing Director of the Association of Power Generation Companies
Lagos State Deputy Governor, Obafemi Hamzat, is not smiling, and honestly, who would be if your electricity bill jumped from N2.7 million in March to a jaw-dropping N29 million in April? Speaking at a roundtable event with the Rural Electrification Agency (REA) on Victoria Island, Hamzat didn’t hold back. He shared his experience with Nigeria’s
Adebayo Adelabu, Nigeria’s Minister of Power, has indicated that electricity consumers under Band B may soon face a tariff increase, stating that they are not paying enough compared to the level of electricity they receive. Speaking on Thursday at the public presentation of the National Integrated Electricity Policy (NIEP) and the Nigeria Integrated Resource Plan
