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From 2015 to 2023, Nigeria allocated N3.2 trillion for electricity subsidies, and in 2024, an additional N1.6 trillion is projected to be spent. This accumulates to an electricity tariff shortfall of N4.8 trillion over a span of about nine years. Despite these substantial subsidies, the state of electricity supply in the country is deteriorating under […] ....
In October, Nigeria’s Vice President Kashim Shettima, who also serves as Chairman of the Board of Directors of Niger Delta Power Holding Company (NDPHC) sat with manufacturers at the Agbara Industrial Zone in Ogun State to discuss how the zone could be electrified. ....
Expected gains from more than $7.5 billion in loans received by President Muhammadu Buhari's government to restructure the power sector's transmission sector and ensure stable supply have remained an illusion, even till the government's termination. ....
Expected gains from more than $7.5 billion in loans received by President Muhammadu Buhari's government to restructure the power sector's transmission sector and ensure stable supply have remained an illusion, even till the government's termination. ....