Category: Adebayo Adelabu

Power sector: Cabals, saboteurs will be frustrated – Minister

The Minister of Power, Adebayo Adelabu, has said those who do not want Nigeria’s electricity sector to progress are frustrated. Adelabu disclosed this on Thursday when he was in Ajah, Lagos State, to launch a 63MVA, 132/33kV. According to him, cartels in the power sector thinking their business will be affected due to improved electricity […]

Some people not interested in making power sector work — Nigerian Govt

The Nigerian government said on Thursday that certain people are not interested in making the power sector function properly because they are only thinking about their interests. Minister of Power, Adebayo Adelabu, said despite the numerous ministers who have served in the sector, the power industry still encounters obstacles. Speaking in Abuja, he said: “We […]

Power outage disrupts power minister’s speech at National Assembly

There was a mild drama on Monday when power supply was interrupted as the Minister of Power, Adebayo Adelabu, was speaking at the National Assembly. Adelabu was fielding questions from senators at the investigative hearing on “the need to halt the increase in the price of electricity” organized by the Senate Committee on Power. However, […]

Nigeria will be thrown into darkness if we don’t increase tariff – Power Minister

The Minister of Power Adebayo Adelabu has categorically told Nigerians to embrace the tariff increase or prepare for complete power outages. Adelabu issued the caution on Monday, stating that if the planned increase in electricity tariff is not put into effect, the nation will face a complete power outage within the next three months. The […]

Nigerian government requires $10bn annually to revive power sector – Minister

The Minister of Power, Mr Adebayo Adelabu, says the Federal Government requires 10 billion dollars in annual investment to revive the power sector for the next 10 years. Adelabu said this in Abuja on Monday, at a one-day investigative hearing on halting the electricity tariff increase by the Nigerian Electricity Regulatory Commission, NERC, organised by […]

Inadequate financing, insufficient gas supply responsible for energy deficit – Minister

The Minister of Power, Adebayo Adelabu, has identified some factors responsible for the energy deficit across the country to inadequate financing and insufficient gas supply. The minister made the observation on Tuesday in his opening address at the power sector stakeholders’ interactive dialogue organised by the House of Representatives Committee on Power in Abuja. Adelabu […]

Power: Nigerian govt begins unbundling, sales of Discos

The Federal Government has announced the unbundling of power distribution companies in Nigeria along state lines. This is due to their large sizes which often result in inefficiency and ineffectiveness. The Minister of Power, Adebayo Adelabu stated this on Monday when he received the Senate Committee on Power, led by their Chairman, Senator Eyinnaya Abaribe. […]

Nigeria govt set to unbundle 11 DisCos

The government also ordered the sale of DisCos that have been taken over by banks and the Assets Management Corporation (AMCON) The post Nigeria govt set to unbundle 11 DisCos appeared first on Premium Times Nigeria. Powered by WPeMatico

Nigerian govt reiterates intention to boost power supply to 6,500MW in six months

Mr Adelabu compared Nigeria’s power generation capacity unfavourably to that of countries like Korea and China, underscoring the need for substantial improvement. The post Nigerian govt reiterates intention to boost power supply to 6,500MW in six months appeared first on Premium Times Nigeria. Powered by WPeMatico

Controversy as Power Minister ignores Nigerian firms in N40bn mass metering contract

The Minister of Power, Adebayo Adelabu, stirred controversy as the Federal Government awarded a N40 billion mass metering contract to a greenhorn and foreign firm, De Haryor Global, ignoring indigenous local meter manufacturers. Recall that on Sunday, Adelabu flagged off mass metering projects in Army formations across the country. According to a statement by Media […]

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