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Ministry seeks synergy with agencies for improved power supply

Ihesiulo Grace 8 December 2019 0

Federal Ministry of Power has called for collaboration and synergy between the ministry and its agencies in the implementation of their core mandates for effective service delivery. This was part of the resolutions released in a communiqué on Sunday at the end of the first edition of top

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Fuel subsidy to gulp N450 bn in 2020 -finance minister

Ihesiulo Grace 15 October 2019 0

Mrs Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. She said this on Monday in Abuja, at the public presentation of the 2020 budget proposals. Ahmed said it was called ‘under-recovery’ because it was […]

Business

TCN reiterates commitment to ending Ondo South blackout

Ihesiulo Grace 3 July 2019 0

Ukpono Ukpong – Abuja The Management of Transmission Company of Nigeria (TCN), has said that effort to improve the bulk supply of electricity to Ondo South and the entire Ondo State is in top gear. Reacting to an advertorial published by Benin Electricity Distribution Company (BEDC), in a national daily newspaper on Sunday, 23rd June, […]

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Electricity debt: Nigeria to normalise supply deal with Niger, Benin republics

Ihesiulo Grace 28 September 2017 0

*Encourages them to settle bills Simon Ugwu Nigeria will transfer its current bilateral power supply deal with the Communauté Électrique du Bénin (CEB), and Société Nigerienne d’Electricité (NIGELEC), to the Nigeria Bulk Electricity Trading Plc to regularise the Power Purchase Agreements (PPAs), the Permanent Secretary in the Ministry of Power, Mr. Louis Edozien, has said.