NERC mulls new rules, capital limits for power sector investors to tame poor deliveries
Considering observed failures and poor growth in the power sector, the Nigerian Electricity Regulatory Commission (NERC), will soon rollout new recapitalization guidelines that must be met by prospective investors in the power sector. Having indentified paucity of fund as a…
Nigerians disagree over plans by power firm to export electricity
A communiqué issued at the end of the 14th monthly meeting of the Minister of Power, Works and Housing, Mr. Babatunde Fashola, with operators of the power sector, at the National Control Centre, Osogbo has hinted plans by a private…
TCN has driven national grid capacity from 500 MWs in 2013, to 6,500 MW
Contrary to speculations in some quarters that the Transmission Company of Nigeria (TCN) has become the main challenge in the process of power development in Nigeria, the company wholly owned by the federal government has reacted, saying it has done…
Group petitions ICPC over Fashola’s silence on alleged N166bn contracts
After several efforts to get clear answers to questions posed, the Civil Society Network Against Corruption (CSNAC) has petitioned the Independent Corrupt Practices (and other related offences) Commission (ICPC) to commence investigation on issues around the Bureau of Public Procurement’s…
Deliver power sector now or resign, enough of reasons, counter reasons, CD tells Fashola
The intractable epilepsy hobbling the nation’s power supply and mainly the South East zone has attracted the attention of Campaign for Democracy (CD), forcing the body to give the Minister of Power, Works and Housing, Babatunde Fashola (SAN) up till…
