1 hour ago Contributions To 6,000MW Target: NDPHC MD Gets Young Achiever Award

The managing director and chief executive officer of the Niger Delta Power Holding Company (NDPHC), Jennifer Adighije, has been recognised as the Young Achiever of the Year at the 2025 Energy Times Awards for her dedication to achieving the sector-wide goal of 6,000 megawatts in power generation. Organisers of the award noted that Adighije was […]

Events

16 h. ago GenCos Raise Alarm Over N4trn Unpaid Invoices, Says Shutdown Imminent

Nigeria’s electricity generation companies (GenCos) have raised the alarm over an impending collapse of their operations due to the crippling debt of over N4 trillion owed to them by the federal government. The debt, comprising legacy obligations and unpaid subsidies for 2024, was severely undermining the power sector’s ability to function optimally. The Board of […]

Politics

16 h. ago $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

…says investors responding to FX stability Abuja|| As the race for bank recapitalisation intensifies, the Central Bank of Nigeria (CBN) read more $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

Politics

4 d. ago Enugu issues 5MW power licence, boosts private sector participation in electricity market

The Enugu State Electricity Regulatory Commission (EERC) has issued a fresh 5MW power generation licence to Tempo Power Solutions Ltd to establish a gas-fired plant. This marks another step toward the state’s vision of energy independence. The development brings the total licensed generation capacity under the EERC to 15MW, following the historic transfer of regulatory […] The post Enugu issues 5MW power licence, boosts private sector participation in electricity market appeared first on The Sun Nigeria.

Politics

5 d. ago NISO Will Drive Transparency, Efficiency In Power Sector – Gbeleyi

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Ayodeji Gbeleyi, has lauded the establishment of the Nigerian Independent System Operator (NISO) as a transformative milestone in Nigeria’s power sector reform journey. Speaking during the NISO Board’s inauguration ceremony yesterday in Abuja, Gbeleyi described the event as a “significant milestone in the ongoing reform […]

Politics

6 d. ago TCN Unbundling: FG Unveils Board, Mgt As NISO Begins Operations

In a move to enhance the efficiency and reliability of Nigeria’s power sector, the federal government has inaugurated the board and management of the Nigerian Independent System Operator of Nigeria Limited (NISO), marking the commencement of its operations. This follows the unbundling of the Transmission Company of Nigeria (TCN) into two separate entities namely  the […]

Politics

1 week ago Nigeria’s AI market projected to hit USD $434.4 million by 2026 – Report

Corporates charged to explore opportunities We want to make Nigeria Africa’s fintech powerhouse- Remita By Henry Uche Poised to make Nigeria Africa’s fintech powerhouse, Remita Payment Services Limited (RPSL), in a report from a survey titled Unlocking the Power of AI in Nigeria’s Fintech Sector, said Nigeria’s AI market is projected to reach USD $434.4 […] The post Nigeria’s AI market projected to hit USD $434.4 million by 2026 – Report appeared first on The Sun Nigeria.

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1 week ago LCCI seeks transparent disbursement of $500m World Bank loan

The Lagos Chamber of Commerce and Industry (LCCI), has called for a transparent and efficient disbursement mechanism of the fresh read more LCCI seeks transparent disbursement of $500m World Bank loan

Politics

2 w. ago FG Moves To Address Energy Crisis In Public Hospitals, Sets Up Special Committee

The federal government has inaugurated an Implementation Committee for the National Dialogue on Power in the Health Sector, aiming to address the persistent electricity challenges in public healthcare facilities. Speaking at the inauguration ceremony in Abuja, the Minister of State for Health and Social Welfare, Dr. Iziaq Salako, highlighted the urgent need for sustainable power […]

Science

2 w. ago Stakeholders to address regulatory hurdles, drive investment in energy sector

By Chukwuma Umeorah Nigeria’s power sector has long grappled with regulatory bottlenecks and investment constraints, raising concerns over the slow pace of reforms needed to ensure a reliable electricity supply. Given this, stakeholders including industry leaders, policymakers, and investors are set to lead discussions on addressing these challenges at the inaugural Future of Power (FOP) […] The post Stakeholders to address regulatory hurdles, drive investment in energy sector appeared first on The Sun Nigeria.

Politics

2 w. ago Stakeholders set to tackle regulatory inefficiencies in power sector

By Chukwuma Umeorah Stakeholders, including industry leaders, policymakers, and investors in Nigeria have raised concerns over the slow pace of reforms needed to ensure a reliable electricity supply in the country. They noted that the country has grappled with regulatory bottlenecks and investment constraints and they are set to lead discussions on addressing regulatory inefficiencies […] The post Stakeholders set to tackle regulatory inefficiencies in power sector appeared first on The Sun Nigeria.

Politics

2 w. ago Power sector liquidity crisis needs presidential intervention – NDPHC

The Managing Director of the Niger Delta Power Holding Company Limited, Jennifer Adighije has stated the need for a presidential intervention to address the severe liquidity crisis plaguing the power sector. She said the intervention should begin with the settling of over N4tn owed to power generating companies and facilitating funding for ongoing projects to Read More

Politics

2 w. ago N4trn Debt: NDPHC Seeks Presidential Intervention Over Ongoing Projects

The Nigerian National Power Holding Company (NDPHC) is seeking presidential intervention to address the crippling N4 trillion debt owed to electricity Generation Companies (GenCos). This is in order to ease the funding challenges for ongoing projects in the power sector. The company also said that the Egbema Power Station, with a capacity of approximately 375 […]

Politics

2 w. ago NDPHC seeks presidential intervention on N4tn debt, project funding

The Managing Director of the Niger Delta Power Holding Company Limited, Jennifer Adighije has stated the need for a presidential intervention to address the severe liquidity crisis plaguing the power sector. She said the intervention should begin with settling of over N4tn owed to Generating Companies and facilitating funding for ongoing projects to enhance electricity Read More

Politics

2 w. ago Navigating Nigeria’s power sector liquidity crisis beyond the missed PCAF deadline

The failure to activate the Power Consumer Assistance Fund (PCAF) by the first quarter of 2025 represents a significant setback read more Navigating Nigeria’s power sector liquidity crisis beyond the missed PCAF deadline

Events

2 w. ago ‘N1.92trn Subsidy Debt, Absence Of Funding Threaten Power Sector Stability’

PowerUp Nigeria, a power sector advocacy group, has said, Nigeria’s power sector hangs precariously at the edge of a huge crisis given the huge outstanding government subsidies, which is now in the region of N1.92 trillion. According to a report, federal government subsidies to the Nigerian Electricity Supply Industry (NESI) is within the region of  […]

Politics

2 w. ago Egbin Power boosts human capital development, revitalises learning academy

Tribune Online Egbin Power boosts human capital development, revitalises learning academy In line with its commitment to excellence, Egbin Power has enhanced human capital development through the revitalisation of its Learning Academy, designed to equip its workforce with top-tier skills and knowledge that drive innovation, efficiency, and improved service delivery in the sector. Egbin Power boosts human capital development, revitalises learning academy Tribune Online

Politics

3 w. ago Geometric Power, Divine Point inaugurate 42km Ukwa 33KV line in Abia

The Nigerian electricity sector went abuzz last week when Geometric Power, Nigeria’s foremost private electricity integrated company, flagged off the 42-kilometre New Ukwa 33KV Line. The project’s estimated cost of N1.8 billion – in contrast to similar projects that cost four times as much elsewhere – is more cheering. Also of interest to Nigerians is Read More

Politics

4 w. ago Why we partnered Geometric Power on 42km New Ukwa Line –Divine Point Chairman

Nigeria’s electricity sector witnessed a major milestone last week as Geometric Power, an integrated electricity company, commenced work on the 42-kilometre New Ukwa 33KV Line. The announcement generated significant public interest, largely due to the project’s remarkable efficiency—costing just N1.8 billion, a fraction of what similar projects demand. Even more striking is its ambitious timeline, […] The post Why we partnered Geometric Power on 42km New Ukwa Line –Divine Point Chairman appeared first on The Sun Nigeria.

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