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CBN, NBET, power firms owe NDPHC N180bn

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The debt profile of Nigeria’s power system to the Niger Delta Power Holding Company (NDPHC) stands between N150 billion and N180 billion. Managing Director of...

Azura power: Reps summon ministers over $33m monthly payment

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The House of Representatives has invited the Ministers of Power and Finance and heads of Bureau of Public Procurement (BPP), Niger Delta Power Holding...

 NERC denies fresh electricity tariff increment

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The chairman of the Nigerian Electricity Regulatory Commission (NERC), Mr. Sanusi Garba, says the commission has not approved any new tariff rate review in...

Grid collapse: CBN earmarks N104bn to stabilise electricity supply

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The Minister of Power, Abubakar Aliyu, has said that the Central Bank of Nigeria (CBN) has provided N104 billion ($250 million) for the rehabilitation...
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