In a significant move to address the persistent challenges in Nigeria’s power sector, the eleven Electricity Distribution Companies (DisCos) have secured a credit facility totaling N273.34 billion from the Central Bank of Nigeria (CBN). This substantial sum, allocated under the Nigerian Electricity Market Stabilization Facility intervention project, aims to bolster the country’s electricity infrastructure and […]Read More

The Honorable Minister of Power, Adebayo Adelabu, has commended the company’s noteworthy performance and pledged unwavering support towards improving the nation’s power landscape. He made this known while visiting Ikeja Electric Plc on Thursday, March 14, 2024, marking a significant step towards addressing Nigeria’s power challenges.  During his visit, Minister Adelabu emphasised the crucial need […]Read More

President Bola Tinubu has greenlit the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO), marking a pivotal moment in the country’s quest for an efficient and robust power sector. This move comes with a significant modification to the NELMCO Board structure, signaling a strategic shift in governance aimed at enhancing the […]Read More

In a significant development, Governor Usman Ododo of Kogi State has revealed the successful recovery of 53 stolen transformers from the state. This declaration emphasises the government’s unwavering commitment to combating crime in the North-Central region. According to a statement issued on Monday by Ismaila Isah, the Special Adviser on Media to the governor, Ododo […]Read More

Amidst concerns over Nigeria’s electricity supply, Minister of Power, Adebayo Adelabu, has hailed Azura Power West Africa as a role model for power plants in the country. During a visit to the Azura power plant in Benin City, Adelabu commended its operational efficiency and highlighted its potential to address Nigeria’s power challenges. Azura power plant […]Read More