The Minister of Power, Adebayo Adelabu, says the federal government owes electricity generation and distribution companies over N4 trillion in subsidies and unpaid bills.
He revealed that N2 trillion is legacy debt to GenCos, while N1.9 trillion is owed for 2024 subsidies. DisCos are also awaiting N450...
The Minister of Power, Adebayo Adelabu, has assured Nigerians they will soon start seeing a noticeable drop in the price they pay for power consumption due to ongoing improvements in power generation and distribution across Nigeria. The assurance came...
Adebayo Adelabu, the Minister of Power, has declared that, at least 40% of Nigerians now enjoy more than 20 hours of power supply every day, an achievement he attributed to various revolutionary measures implemented by the ministry with the...
The Minister of Power, Adebayo Adelabu, has revealed that the Federal and state governments have raised ₦100 billion for the procurement of prepaid electricity meters. Adelabu disclosed this when he addressed broadcasters in Ibadan, the Oyo State capital.
According to...
The Federal government has reportedly approved a plan to pay the debt owed by the power sector, estimated at ₦3.3 trillion. This disclosure was made by the minister of power, Adebayo Adelabu, at the 8th Africa energy marketplace in...
The federal government through the ministry of power has faulted the organized labour’s opposition to the electricity tariff hike and the removal of the subsidy in the sector.
Spokesperson for the ministry, Florence Eke, in an interview said the minister...
