Adebayo Adelabu

‘Nigerians spend N16.5tr, 60% of 2024 electricity budget on generators’

About N16.5 trillion, which translates to 60 per cent of the country’s 2024 budget of N27.5 trillion is being spent on electricity generating sets for homes and industries, the Minister of Power,

1 day ago

by Kingsley Jeremiah

FG to expand transmission network for increased power generation

The Minister of Power, Adebayo Adelabu, has said that the government is working through the Presidential Power Initiative (PPI) on expanding the transmission grid to ensure it can handle the increased load

3 weeks ago

Energy

Electricity tariff hike: We’re not a charity, DisCos tell lawmakers

Electricity distribution companies (DisCos) on Tuesday stated that they are not charity organisations and cannot continue to provide electricity to consumers at a non-profitable rate. This comes as the Minister of Power,

3 weeks ago

News

Electricity subsidy now N1tr — Minister

Minister of Power, Mr Adebayo Adelabu, stated that the introduction of band A with a higher tariff has reduced the electricity subsidy to N1 trillion from about N3 trillion. The minister made

3 weeks ago

Energy·News

FG considers partnership for improved power sector, job creation

The Federal Government has announced its readiness to collaborate with local manufacturer, Coleman Wires and Cables Industries Limited, to improve the power sector and create jobs.

4 weeks ago

National·News·Nigeria

Minister urges out-of-court settlement in litigation against NERC over tariff increase

Minister of Power, Adebayo Adelabu, has called for an out-of-court settlement in the legal dispute between All Electricity Consumers Protection Forum (AECPF) and Nigerian Electricity Regulatory Commission

4 weeks ago

National·News·Nigeria

FG to acquire 3.5 million prepaid meters by year-end — Minister

The Federal Government has announced plans to acquire no fewer than 3.5 million electricity meters by the end of 2024, aiming to boost revenue in the financially strained power sector. Minister of

4 weeks ago

Energy·News

FG announces plan to boost operations of GenCos

Minister of Power, Adebayo Adelabu, has said the Federal Government is planning to give electricity Generation Companies (GenCos) access to

1 month ago

National·News·Nigeria

FG assures local manufacturers in power sector of patronage

The Federal Government Minister of Power, Adebayo Adelabu, has reiterated its commitment to resolve to patronise local manufacturers, especially in the power sector.

1 month ago

National·News·Nigeria

Mainstreaming renewable energy access amidst Tinubu’s $750m loan

According to the United Nations Population Fund, Nigeria’s population currently stands at 229 million and is expected to reach 400 million by 2050, making it the third most populous country.

1 month ago

Energy

Experts hail Tinubu’s reforms in power sector

Some Experts in the power sector have commended President Bola Tinubu on some of the ongoing reforms in the sector.

1 month ago

National·News·Nigeria

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Adebayo Adelabu

‘Nigerians spend N16.5tr, 60% of 2024 electricity budget on generators’

FG to expand transmission network for increased power generation

Electricity tariff hike: We’re not a charity, DisCos tell lawmakers

Electricity subsidy now N1tr — Minister

FG considers partnership for improved power sector, job creation

Minister urges out-of-court settlement in litigation against NERC over tariff increase

FG to acquire 3.5 million prepaid meters by year-end — Minister

FG announces plan to boost operations of GenCos

FG assures local manufacturers in power sector of patronage

Mainstreaming renewable energy access amidst Tinubu’s $750m loan

Experts hail Tinubu’s reforms in power sector

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