Tag Archive: NBET

NSIA transfers $417.46 million to NBET after 4 years investment term
by Onyinye Nwachukwu, Abuja

The Nigeria Sovereign Investment Authority (NSIA) announced on Thursday that...

DisCos are technically insolvent, says BPE
DisCos are technically insolvent, says BPE
by KEHINDE AKINTOLA, Abuja

Bureau of Public Enterprises (BPE) on Tuesday disclosed that most...

Despite FG’s N1.02tr bailout to power sector in three years, Nigerians still in darkness
Despite FG’s N1.02 trillion bailout to power sector, Nigerians still in darkness
by ISAAC ANYAOGU

As at June this year, the Federal Government has committed...

High energy cost responsible for uncompetitiveness of Nigerian products-MAN
High energy cost responsible for uncompetitiveness of Nigerian products-MAN
by Endurance Okafor

The Manufacturers Association of Nigeria (MAN) says high cost of...

FG to sign power purchase agreement with prospective GenCos
FG to sign power purchase agreement with prospective GenCos
by CYNTHIA EGBOBHO, Abuja

The federal government is to sign the Power Purchase Agreements...

Nigeria recovers N19.7bn electricity debts from Benin, Niger
Nigeria recovers N19.7bn electricity debts from Benin, Niger
by ISAAC ANYAOGU

Nigeria has recovered the sum of N19.712bn ($64,630,055:00) from its...

Nigeria’s energy mix increases, as grid connected gas power now 74% - Fashola
Nigeria’s energy mix increases, as grid connected gas power now 74%
by ISAAC ANYAOGU

Between May 2015 and May this year, Nigeria’s gas fired...

Discos say attempt to centralise revenue accounts spells doom for future power investment
by KELECHI EWUZIE

Association of Electricity Distribution Companies (ANED) have said that any...

NBET, Discos’ N26.4bn debt hampers power generation from Olorunsogo, Genco cries out
by RAZAQ AYINLA

… as minister pledges intervention Monsuru Afinni, managing director, Pacific...