Despite the widespread blackout and the worsening state of electricity supply in Nigeria, the latest figures on the daily load summary of power distribution companies indicate that the firms failed to distribute about 1,769.91 megawatts of electricity between February 1 and 14, 2024, as reported by THE PUNCH.NYSC Portal Data from the Transmission Company of … Read more
Nigeria’s electricity sector is grappling with a severe capital shortfall, estimated at around N2 trillion ($2.5 billion), highlighting the urgent need for new investments to revitalize an industry crucial for the country’s 200 million residents.NYSC Portal According to Olu Verheijen, an adviser to President Bola Tinubu on energy, the power companies in Nigeria are over-leveraged … Read more
President Bola Tinubu has halted a proposed increase in electricity tariffs and has affirmed the continuation of subsidies on electricity across the nation. This announcement was made public by the Minister of Power, Adebayo Adelabu, during a press briefing held in Abuja on Wednesday.InformationGuideNigeria Further to this development, Minister Adelabu disclosed that the Federal Government … Read more
The number of electricity consumers rose by 200,000 from 11.27 million in the first quarter of 2023 to 11,47 million in the second quarter of the year. DAILY NIGERIAN reports. The National Bureau of Statistics, NBS, stated in Nigeria’s electricity report for the second quarter of 2023 released in Abuja on Friday that the … Read more
Blackouts in Niger have become more frequent after neighbouring country cut off exports of electricity, which covers 70% of Niger’s demand.InformationGuideNigeria While Niger struggles to keep the lights on, not all in Nigeria see the halt of exports as a good move. “The strategic decision of Nigeria to halt its electricity provision appears to be … Read more
The Central Bank of Nigeria (CBN) has said that the newly inaugurated Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more power for its electricity sector. CHANNELS reports. Speaking today at the inauguration in Lagos State, Governor of the apex bank, Mr Godwin Emefiele, said the Dangote Refinery is expected to generate 12,000 megawatts … Read more
The Nigeria Labour Congress, NLC, has expressed its outrage at the surreptitious increase in electricity tariff without notice and without improvement in the quality of service. INDEPENDENT reports. The union said that henceforth any surreptitious increase would be met with the appropriate response. It flayed the Federal Government and the Nigerian National Petroleum Company Limited … Read more
Power generation on the national grid climbed by 834,8 MW from Monday morning to Wednesday morning, reaching a peak of 4,863.7 MW at 6 a.m. on Wednesday.Information Guide Nigeria On Monday, October 31, 2022, the grid recorded an off-peak power generation of 4,028.9MW, according to data acquired from the Federal Ministry of Power’s Abuja headquarters. … Read more
![Davido Names Young Artiste He Will Sign After He Cover of ‘Electricity’ [Video]](https://infoguidenigeria.com/wp-content/uploads/2021/07/davido2.jpg "Davido Names Young Artiste He Will Sign After He Cover of ‘Electricity’ [Video]")
Award-winning singer David Adeleke, often known by his stage name Davido, has acknowledged the brilliance of young performer Boi Chase.infomation guide nigeria The DMW chairman was impressed by the up-and-coming singer’s cover video of Rema’s version of Davido and Pheelz’s popular song, “Electricity.” Other Top Stories: Why all men must marry more than one wife … Read more
The Northern Corridor Project, which is supported jointly by the European Union and the AFD, has a grant agreement of €25 million signed between the Nigerian government and the French Development Agency (AFD).Information Guide Nigeria Other Top Stories: Fidelity Bank disburses N34bn Lady Ada Chukwudozie emerges MAN South East chairman Senate commends Dangote Flutterwave launches … Read more