52 h. ago Power probe: Reps quiz NERC over 109 moribund licenses issued to boost supply

He described estimated billing as one of the "most notorious features" of the power supply subsector and “criminal” in nature.

Politics

5 d. ago Power probe: Reps invite BPE, Core Investors over challenges facing GENCOs, DISCOs

The House of Representatives has directed the management of Bureau of Public Enterprises (BPE) and Core Investors in the power sector with a view to address myriad of challenges facing the country.

Politics

6 d. ago Power project probe: Reps committee accuses DisCos of crippling nation’s power system

.NERC threatens sanctions over poor MAP refund compliance THE House of Representatives Ad hoc Committee investigating Nigeria’s power sector reforms and expenditure from 2007 to 2024 has accused electricity distribution companies of crippling the power supply system through years of poor investment, inadequate expansion, and failure to meet obligations outlined in their original business plans. […]

Politics

7 d. ago NEC Endorses Royalty Deductions To Pay ₦185bn Debt Owed Gas Producers

The National Economic Council (NEC) has endorsed President Bola Tinubu’s approval for the settlement of ₦185 billion outstanding obligations owed to gas producers, adopting a royalty-deduction arrangement to clear the long-standing debts and boost domestic gas supply. At its 154th meeting held virtually on Wednesday and chaired by vice president, Kashim Shettima, NEC received a […]

Economics

1 week ago Power Probe: Reps Frown At Absence Of Concerned Agencies, Operators

The House of Representatives Ad-hoc Committee investigating power sector reforms and expenditure from 2007 to 2024, has frowned at the continued refusal of key government agencies and private sector operators to appear before it or submit requested documents. At its resumed investigative hearing on Friday, the committee’s chairman, Hon. Ibrahim Almustapha Aliyu, said members had […]

Politics

1 week ago Power probe: Reps threaten to order arrest of erring heads of DISCOs, others

The House of Representatives on Friday threatened to invoke its constitutional powers to compel Chief Executive Officers of all Electricity Distribution Companies (DISCOs) and other government functionaries to appear during the ongoing power probe.

Events

2 w. ago Power Probe: Rep Committee summons Minister of Water Resources, others

The Committee chairman directed the committee secretariat to summon the Minister alongside the Managing Director, Upper Benue River Basin Development Authority; the Managing Director, Hadejia–Jama’are River Basin Development Authority

Politics

2 w. ago Power probe: Reps’ panel to visit 24 states, resume hearing Wednesday

While speaking on the Ad-hoc Committee's work-plan, assured that the exercise is not a witch-hunt, hence assured all stakeholders of transparency and fair hearing.

Politics