Adeoye Fadeyibi Appointed AEDC MD/CEO

Abuja Electricity Distribution Plc (AEDC) has announced the appointment of Adeoye Fadeyibi as its new Managing Director/Chief Executive Officer. Fadeyibi, a turn-around manager with over 20 years executive management experience, succeeds Akinwumi Bada, who served as the company’s Interim Managing Director since last year and is now leaving to pursue other personal business aspirations. Prior […]Read More

Tinubu Cites Lack Of Electricity As Greatest Impediment To Economic

National leader of the ruling All Progressives Congress (APC), Bola Ahmed Tinubu, has proposed a seven-point agenda, which he said would revive the country’s troubled economy and drastically reduce its dependence on petro-dollars. The APC presidential aspirant said his desire to succeed President Muhammadu Buhari is to further improve the nation’s economy to the benefit […]Read More

Nigerian Government Hopes to Ramp Up Power Infrastructure With $4bn

The Federal Government, FG, has expressed optimism that the various funding arrangements amounting to about $4 billion it has put in place to boost power transmission capacity and other power infrastructure in the country would lead to improved power supply to Nigerians. Nigeria’s electricity supply in the past two weeks went through turbulent time, following […]Read More

Stabilising Nigeria’s Electricity Grid With CBN’s N103bn Intervention

Nigeria’s electricity supply has in the last few weeks gone through a turbulent time with the national grid collapsing twice in barely 36 hours. This coupled with the inability of power generation companies (GENCOs) to put load on the national grid, inadequate transmission and distribution infrastructures have continued to rob the country of the much-needed […]Read More