Category: power

Transcorp’s quarterly profit surges on sharp boost in energy sales

In addition to Transcorp Power, now worth N2.8 trillion in market value contrasted with N1.8 trillion at listing in March, Transcorp’s other subsidiaries include The post Transcorp’s quarterly profit surges on sharp boost in energy sales appeared first on Premium Times Nigeria. Powered by WPeMatico

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. […]

MUSIC REVIEW: Odumeje’s “Powers” ft Flavour is mashup of musical mediocrity

Flavour’s vocals, although commendable, seem underutilised and out of place in a song that lacks cohesion and direction. The post MUSIC REVIEW: Odumeje’s “Powers” ft Flavour is mashup of musical mediocrity appeared first on Premium Times Nigeria. Powered by WPeMatico

Power: Nigerians will start singing our good songs very soon – Minister Adelabu

Power Minister Adebayo Adelabu stated this on Sunday while speaking with the press following a gathering with various All Progressives Congress, APC, members at the Oyo State party headquarters in Oke-Ado, Ibadan. He assured that the government of President Bola Tinubu is ready and determined to change the face of things in the power sector […]

Nasarawa Technology Village: A paradigm of successful public-private partnership

In transforming the narrative of PPPs from pain to pleasure, Nasarawa sets a compelling precedent for collaborative development models The post Nasarawa Technology Village: A paradigm of successful public-private partnership appeared first on Premium Times Nigeria. Powered by WPeMatico

Electricity: Reps probe Buhari’s mass metering policy

The lower chamber resolved to investigate the funds disbursed to the licensed electricity distribution companies by the CBN as loans under the National Mass Metering Programme (NMMP). The post Electricity: Reps probe Buhari’s mass metering policy appeared first on Premium Times Nigeria. Powered by WPeMatico

Why there is poor electricity supply in Abuja – AEDC

“We would like to inform you that we are aware of the unstable power supply experienced in recent times essentially caused by insufficient power allocation to us.” The post Why there is poor electricity supply in Abuja – AEDC appeared first on Premium Times Nigeria. Powered by WPeMatico

Power: Nigerian govt to settle N3 trillion inherited debt

The Minister of Power, Mr Adebayo Adelabu, says the Federal Government is committed to settling more than N3 trillion debt it inherited in the power sector. Adelabu said this in Abuja on Wednesday when he briefed reporters. “Today, we owe the Power Generating Companies (GenCos) a total of N1.3 trillion, of which 60 per cent […]

Power Supply: Nigerian govt sets up committee to resolve gas shortage

“If we are serious about the economic development of the country, we need to solve the problem of gas supply today. We should look at the possibility of mandating the gas suppliers to price in naira,” a minister said. The post Power Supply: Nigerian govt sets up committee to resolve gas shortage appeared first on […]

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